Personal finance magazines, newspapers, and blogs are filled with ways to save a little bit on a lot of things.
That's all well and good, but there are a few areas where you can save a lot of money with just a little bit of work. That's where our guides come in.
Each of the guides goes through a list of things you can do today to reduce the price of things you're already paying for. A little upfront work and you get savings the whole year.
That's not to say I dislike the idea of packing your own lunch, but to save $5-$10 a day, you have to become a sandwich artist. I don't think a second job is what you were thinking about when you said you wanted to save money. 🙂
If you are paying for cable television, it's probably one of your most expensive monthly expenses… and you probably don't use it as much as you think. I almost never use ours and when our contract is up, I'll be joining the ranks of cable cutters saving hundreds of dollars a year.
Replacing your cable is really simple, really inexpensive, and you can use the money towards your next vacation… something you know you'll enjoy.
When I went off to college, I felt like my parents paid like $10-$15 a month for cable television (this was in 1998, so not ancient times).
My first cable bill after I graduated was around $80 a month! It's easy to see why folks find it so tempting to cut the cord. (keyword — tempting)
If you can't bear to part with cable but still want to save, use our strategies.
I've owned three cars in my life. For two of those vehicles, bought used used, I declined comprehensive coverage.
Comprehensive coverage is insurance that protects your car against damage that is not related to a collision. If your car gets stolen, that's comprehensive coverage. If there's a natural disaster, that's comprehensive coverage. If a riot breaks out and your car gets flipped over, that's comprehensive coverage.
By opting out of comprehensive coverage, I was able to save hundreds of dollars a year and was fortunate in that my gamble paid off. I never had the guts to eliminate collision coverage though! (covers my car in the event of a collision)
That's just one of the (more riskier) ways you can reduce your auto insurance premiums. See the other nine.
More to come —