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20 easy ways to save money

July 31, 2012 by admin in Homepage Slider, 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