20 easy ways to save money

Easy ways:

• Use your local library to borrow books, movies and soundtracks for free.
• Rent DVDs, as you will only want to watch most movies once.
• Bring your own lunch to work.
• Brew your own coffee at a cost of about $0.40 per pot.
• Do laundry once a week instead of every day.
• Use cards with rewards, they add up fast for next to no effort required from you.
• Cook at home healthy meals at a fraction of a cost of eating out or ordering in.
• Shop at discount stores for the brand name items.
• Cancel magazine deliveries, subscribe to magazines online.
• Buy what you need, not what you want.

More ways:

• Get rid of cable TV, you can only watch one channel at a time anyways.
• Shop around for cell phone plans, and take advantage of family plans.
• Get rid of home phone line if you are using cell phone primarily.
• Quit smoking and cut down on drinking.
• Drive at a speed limit to avoid getting tickets that affect car insurance rates.

Even more ways:

• Shop around for a car insurance.
• Put a higher down payment on a house you buy to minimize your morgage payments.
• Refinance your home to minimize mortgage payments.
• Negotiate the selling price when purchasing a car or a house to save thousands of dollars.
• Take advantage of TFSA and RRSP to minimize tax burden.

Also read: 20 more ways to save money over the holidays