Cheap Insider

Posts Tagged ‘saving’

Here are some tips on saving money. that the supermarkets don’t want you to know.
Video Rating: 4 / 5

Here is a Video Guide To Frugal Living Enjoy!! www.TheGuideToFrugalLiving.com
Video Rating: 5 / 5

TheFrugaliciousShow.com Check out our site and subscribe to our channel! Facebook www.facebook.com Twitter: twitter.com Wired Magazine’s guide to living without cable, including a helpful cost breakdown bit.ly Watch network shows and movies on Netflix bit.ly Hulu and Hulu Plus bit.ly and even Amazon-On-Demand For sports and streaming baseball, check out MLBTV.com atmlb.com For an online TV Guide check out Clicker.com bit.ly
Video Rating: 5 / 5

american-goldreserve.com Shooting the Sacred Cows of Money is an eye-opening mini-documentary that takes on our cultural myths about money and investing. This film also shows you how to move from the established mindset to the enlightened mindset about money. Robert and Kim Kiyosaki, joined by the Rich Dad Advisor Team, offer these videos to you for free in their continuing mission to elevate the financial well being of humanity. Watch and comment on the documentary in its entirety as well as a continually updated library of videos from Robert and his advisors. Two More Ways to Watch the Videos We’ve added English and Spanish subtitles to our collection of videos. All you need to do is select which video you want to add and chose your option below the video player. Launch of the Shooting the Sacred Cows of Money Website After months of waiting, Robert Kiyosaki’s video about the myths of money is finally here! Formerly titled “An Unfair Advantage,” this life-changing film project, Shooting the Sacred Cows of Money, explains the foundation of Robert’s message in easy-to-watch, easy-to-share online videos. Robert T. Kiyosaki Robert is the founder of The Rich Dad Company, a worldwide-recognized brand and global leader in financial education empowering people to escape the rat race and find financial freedom. A successful entrepreneur and investor, Robert is the author of 19 books, including Rich Dad Poor Dad—the #1 personal finance book of all time—and most recently the …
Video Rating: 5 / 5

TheFrugaliciousShow.com Check out our site for an exclusive look at Episode 2 of Household Bills How to Eliminate Your Monthly Cable Bill, and subscribe to our channel! Facebook: www.facebook.com Twitter: twitter.com Billshrink.com bit.ly is a wonderful resource for managing your household bills including finding the most affordable cell phone plans, cheapest gas in your area, and managing credit card bills. Use Apps to track cell minutes so you never go over – on your iPhone use the free apps Over My Minutes and Track My Minutes Find Check out Magic Jack to replace your home phone service – get home phone service through your computer for one low price bit.ly
Video Rating: 4 / 5

Find High Value Coupons and More at passionforsavings.com
Video Rating: 4 / 5

America’s Cheapest Family talks about saving money on Lunches out, Phone Bills, Groceries, Christmas presents and Dining Out
Video Rating: 4 / 5

Check out this cool app and learn guitar – howc.stExpand the description and view the text of the steps for this how-to video. Check out Howcast for other do-it-yourself videos from BARKBARK and more videos in the General Personal Finance category. You can contribute too! Create your own DIY guide at www.howcast.com or produce your own Howcast spots with the Howcast Filmmakers Program at www.howcast.com Check out these relatively painless ways to cut back on your expenses. To complete this How-To you will need: Self-discipline Sacrifice Open-mindedness Step 1: Ditch the paper Stop buying unnecessary paper products. Use cloth napkins, mop up spills with dishcloths and rags, write shopping lists on the back of junk-mail envelopes, (and stick your coupons inside). Step 2: Give up bottled water Give up bottled water; almost 40 percent of it comes out of the tap anyway. If you don’t like the taste of your local water, use a filter. Step 3: Buy less food Buy less food. The average American throws out 25 percent of the food they buy. Start monitoring what you’re trashing so you can make better choices when you shop, and make an effort to eat food before it goes bad. Step 4: Cut the phone line Get rid of your home phone if you have a cell phone. Step 5: Cancel your gym membership Cancel your gym membership. Jogging, stair-climbing, jump-roping, hula-hooping, and dancing are all free, and that’s just a partial list of what you can do to stay fit. Tip: Canned goods and old milk …

We think we are saving money, but we’ve never actually sat down and done the math. You could be surprised if you did.

Here are the top five money saving myths that we fall for:

1. Savings accounts save us money

Having money in a savings account for emergencies is a good idea. It’s easy to get to, but not too easy. But if you are looking to save money or make your money work for you, an old-fashioned savings account isn’t necessarily the best way to go. First, you have to look at what you are paying out in interest rates. For example, if you have a student loan with a 5% interest rate and a savings account making 3% interest rate, your savings are costing you approximately 2%. You would be better off paying off that student loan with your savings account.

It goes the other way around too. If your debt has less of an interest rate than your savings, your money is working better in the savings. But with today’s interest rates being so low, your debt is probably higher than the amount of interest you are earning on your savings account. That means you are actually losing money.

2. Sales shopping saves money

I used to be a shopaholic, and sales were my drug of choice. Let me tell you that you aren’t always saving money. Yes, if you really needed the item, then you are saving money. But sales often lead to the purchase of items that normally wouldn’t be purchased. And you usually buy twice as much because it’s on sale. So you haven’t saved any money.

Then if you never use the item, you’ve actually wasted money. This can also apply to bargain shopping and shopping in bulk. It doesn’t matter if you bought your daughter 35 pairs of shoes at garage sales for $ 1 each. If she only wore two pairs of them, you just wasted $ 33.

3. Refinancing your home pays off

When you refinance your home, you aren’t necessarily saving that much money in the long run. Yes, your monthly payments are smaller, but you have refinanced for another 30-year term. This means that if you have already paid 10 years of mortgage, then refinance for another 30, you have basically extended your loan to a 40-year mortgage. Sit and do the math and you’ll see if you are really saving anything.

If you really want to save money, refinance for a lower rate and a shorter term. Your monthly payment may not go down, but your overall repayment may.

4. Zero percent interest saves money

When you take out a card with a zero percent repayment term, you aren’t saving money. You are just delaying paying for items. You don’t save and you don’t spend more. But if you don’t pay the money back within the zero percent period, you’ll be paying interest on those items. That costs you money.

5. Savings is dependent on income

No matter how much you make, you can save money. You simply have to spend less than you make. If you make more money and spend more money, you aren’t saving anything. In fact, you could even be spending more. Don’t wait until you have more money to start saving. You have to start now.

Martin Lukac represents RateTake Refinance Loan marketplace. RateTake matches consumers with multiple lenders offering low rates. Got too much credit debt? Get Debt help and you’d be surprised what we can do together.

More Save Money Articles

When keeping a close eye on every penny you spend and trying to make sure that each dollar goes as far as it can many people are considering bulk buying. We have all seen the bulk stores in our local cities and towns. The parking lots are often over flowing, but are those people really saving money and are you missing out? The simple answer is yes, if you are smart.

Just like when you go grocery shopping at the normal grocery store you think about what you are buying based on your needs and the size of your family. You would not want to go to a Bulk Supply Store and buy fresh vegetables or other produce related items if there is only you, or you and a partner. You can only eat so many green peppers in a week. Yes, most bulk stores will offer a gallon of milk, and it will be a few cents cheaper… they sell eggs and things which can help you save money.

What about the other items though, and your budget? If you know the cost of the same products at your local store and you have a list of the items you actually need you can save a lot of money buying in bulk most of the time. I want to give you a few examples that I have encountered locally. I know that a case of Pepsi at the local grocery is around $7.00. I know that a case of Pepsi at the Bulk Store is $9.87. Initially you think that the case at the Bulk Store is more expensive, but it isn’t. Actually it costs the same at both places; the case at the local store is for 24 cans, which come out to .27 per can. The case at the bulk store is for 36 and again they are .27 per can. The trick there is that you are getting more in the case so you think you are saving money.

Another example, a case of toilet paper the local grocery has Charmin 12 rolls for 6.99. The bulk store has 36 rolls for $12 something. If you buy the toilet paper at the bulk store you are going to save .24 per roll of toilet paper or $8.64. So it makes sense then to buy toilet paper and other paper goods at the bulk store. You can go and buy your paper products at the beginning of the month, save money and not have to worry about it when you go to the grocery the following week.

I can also give you an example for bread. At the bulk store you can get hot dog and hamburger buns cheaper then what you can get them at the local store. The same holds true for bread and bagels and such. But if you are not going to eat 48 hot dog buns and you don’t have the space to freeze them, you are still wasting money.

I also want to interject a little note here. Your local grocery may offer a bulk food section. Pay attention to the price per pound compared to the prepackaged item in the next aisle. Sometimes it saves you money and sometimes it is going to cost you more.

Another thing to consider is that when you buy in bulk you are protecting the environment. Instead of the waste of packaging materials used to wrap each paper towel, or one package of napkins or one loaf of bread that ends up in a landfill, bulk buying allows more items to be placed in one packaging container.

Buy your staples in bulk, pay attention to prices based on the quantity in the package and you will save hundreds of dollars on year on groceries.

Neil Bartlett is the founder of CheapInsider.com. Cheap Insider provides everyone with Tips and Techniques for saving money and finding bargains. To learn more INSTANTLY grab his FREE report “10 Money Saving Tips”

The world is in an economic crunch and more people than ever are looking for ways to save money. Every penny matters and yet many people do not realize that within their own home there are probably a number of things they can do today to save money. Cutting costs does not mean giving up on the things you love, want, and need. It is important to look at the way you are living and then find ways to significantly reduce your investment. Chances are good some of these items below can be done right now and add money to your pockets.

#1: Appliance Management

One of the biggest draws of money within the home is the use of appliances. Do you hear the television in the background? Do you have fans running or perhaps even have the toaster plugged in? Most people realize the importance of turning off lights in the home, but what about unplugging. You may not realize it but when appliances and other devices are left plugged into an electrical socket, they draw electricity. Therefore, by not only turning them off, but also unplugging them, you will be saving money.

How much can you save from just managing your appliances better? You could decrease your electric bill by as much as 25 percent in some instances. Big culprits are televisions, computers, and larger counter top appliances.

#2: Adjust The Temperature

Another big way to save money is to adjust the thermostat in your home. Did you know that you could reduce your heating and cool bills by as much as 20 percent by simply decreasing your heating temperature by two notches and by increasing your air conditioning temperature by two points? Do you feel the difference between 66 degrees and 68 in the summer, sometimes, but not by much. In the winter, what would the different between 64 degrees and 66? It may mean wearing an extra layer of clothing, but for a savings of 20 percent, it may be worthwhile.

#3: Know The Grocery Bill

While other expenses like your mortgage and utilities may be difficult to reduce, you may find it far easier to reduce your grocery bill. Perhaps you think that you are already doing so? Here are a few ways to reduce this large cost.

• Shop the outside aisles of the grocery store instead of the center. You get more healthy foods and less prepackaged products that cost far more.

• Consider store brands. The quality of store brands has risen in recent years. You may not notice the taste difference but you will notice the difference in the lower bill.

• Do shop the sales, but that is it. When something is on sale, this loss leader is a good bet. Stock up. But, avoid impulse buying during these trips. It could cost you. Moreover, use coupons on top of sale prices to pay half the price or less for the item.

#4: Bundle Services

Sometimes you can save a good deal of money by simply bundling your services. For example, your local cable provider may be running a special that allows you to get your Internet, cable service, and phone service for a fraction of the cost you are currently paying. Find out what special offers are available. Also, talk to your insurance agent and ask for discounts. By having multiple products through one provider, you may save considerably.

#5: Track Spending

Regardless of if the purchase is for the home or if it is for personal use, you should track what you are spending. While most people hate this word “budget” it is one of the best ways to know where your money is going and to help to reduce costs.

Go ahead and try out some of these methods. Chances are good you do not realize just how much money is going out the window in these areas.

For more ways to save, check out 100 Ways To Save Money