Tuesday, November 04, 2008

Saving money

With the economic turmoil we are facing in America, many newspapers and websites are writing vasts amounts of information on how to save money. From what I have read, these range from things like "start clipping coupons" to "use new energy efficient lighting." You get some information that suggests you stop eating out or try to take public transportation more often. On Sunday when I was getting a haircut, a conversation with the person cutting my hair, my wife, spawned this one question from me. What new ways can we save money?

Well, I thought it might be something worth posting a blog about. How do you save money? Where don't you save money?

Trying to come up with some things ourself, here is what I came up with:

1. Heather cuts my hair. Since I like to keep my hair short, thats an annual savings of about $90.
2. Coupon clipping/sale watching.
3. Heather is making Madelyn's baby food. I am not sure how much this saves, but it seems to save some. Heather is doing it more for it being so much more healthy.
4. We use compact florescent lights (CFLs).
5. We eat in most days. We eat out about once a week for lunch and twice a week for dinner at most.
6. We drive the more fuel efficient car whenever possible. That car (Toyota Matrix) averages 30-35 mpg whereas our other car (Honda Pilot) averages 20 mpg.
7. We shop around and shop online often. We utilize Google to find coupons/promotion codes for things online. In the past month, I have saved an additional $50 with coupons found through Google.
8. When traveling for business, I try to buy gum and bring snacks so I don't spend a lot while out.
9. We pack Anna snacks rather than buying prepackaged snacks.

Thats all I could think of off the top of my head. What other ways do you save money? I'd love some more ideas.

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