Tips to Save More Money: The Best Way to Save Money

Did you know that saving money is just like making money? Saving money can be just as satisfying as saving money. Have you ever heard that famous saying that a penny saved is a penny earned? Well that saying still holds true today in this modern world and surrounding your self with open opportunities can undoubtedly help you save/earn money – however you would like to call it. Here are some few sources and habits I generally use to save me bundles before a purchase.

Some good habits

Although these tips may sound minor, openly searching up the product name with the additional of the word “coupon” or “discounts” right after it, can sometimes unravel new opportunities to saving 20%, sometimes even 50% off the original price that you may have never knew about. However, this is not always true with real products that require shipping like items from Amazon or Ebay. But as you may know, every little saving counts. Even a mere 3% off can really add up. Lets say you purchased a Panasonic Lumix DMC-ZS3 10.1 MP Digital Camera for $227 and you got a coupon that says you get a 3% off the original price.

227 x 0.03 = $6.81 in savings. Although this may not sound like much, if you are a heavy buyer who is frequently always buying items everywhere you go, whether it be for your job or for your friends, your savings can tremendously add up without affecting your spending habits or lifestyle. Saving is a nice addition to encouraging consumers to save more money while buying the products they need. That is why whenever you got a chance to use a coupon, don’t let it expire, use it if the purchase is necessary. That is the reason why it is there, to be used to buy a product for less.

Surround your self with opportunities

For the most part, the first sources I check before purchasing anything are:

Although you are not limited to only these sources, these are just sources that I regularly check up on for everyday use. Whether it be for grocery shopping, buying electronics, games, gift cards, with all of these websites combined, you can save bundles on top of each deal fo sho.

Find new replacements

What I mean by find new replacements is if you currently subscribe to a highly known service provider whether it be for your Internet or phone use, chances are you are paying more than you have to. And if you can find a better cheaper alternative that offers the same specs, (sometimes can even be better) you can be saving monthly without any noticeable change in your lifestyle. Well maybe except when you get the bill, but you get the picture. Finding replacements for monthly services can greatly increase your savings and ultimately leave you extra money for whatever your heart desires.

Search for rebates or cash-back opportunities

If you have read our most recent post on the 14 Creative Ways to Make Money, you should realize that in one area, we recommended switching Internet providers to get a hold of the free $25 cash-back opportunity. These are generally the types of switches or concepts you are trying to look for, for you to ultimately benefit from as the consumer. It doesn’t require you to be an experienced bargain hunter to find opportunities like these because there are many sources on the web that share their great finds for free. Like the sources I have recommended above (FatWallet is great for this type of stuff).

Also, be wary of your everyday shopping habits. Realize where do you most often shop for groceries and home appliances and if you haven’t register to become a member for the store, become one. Because often times, once you become a member of a particular store, you get some percentage of savings just for being a member every time you purchase. Although some of these types of membership stores require an entry fee to become a member, if you are a regular buyer, this is the opportunity for you to save loads of money without adversely affecting your daily lifestyle.

Adjusting your self for the better will help you greatly financially in the long run without affecting your daily life.

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5 Responses to Tips to Save More Money: The Best Way to Save Money

Jill Kocher August 19, 2010 at 9:15 am | Permalink | Reply

Deal sites can be great if you ignore the impulse purchase urge. It’s easy to get swept up by a great deal that you might not otherwise buy. Which of course would count as an extra expense rather than a true savings. http://Overstock.com tempts me to buy extra stuff every time I go! But when you eat out or get spa services regularly, then deal sites like http://www.groupon.com and their rivals are great to get discounts on local services you would normally pay full price for.

Ellen S. May 9, 2010 at 4:41 am | Permalink | Reply

The concept of “saving money” is easier said than done for most people. I understand that it is ‘easy and logical’ for some people, but I also understand it can be a difficult habit to break for others.

If you’re looking to save money or change your lifestyle, my advice is to take it in “baby-steps” because it won’t happen overnight. Here are some tips that helped me out.

1. Always pay more than the minimum on any credit card payments – if you don’t believe me you can calculate it for yourself (http://www.csgnetwork.com/creditcardmincalc.html)
2. Use coupons when grocery shopping
3. Try online shopping – it’s saves on gas & they have bigger markdowns (http://www.shoptivity.com)
4. Read a book – it’s cheaper than going to a movie (http://onlinebooks.library.upenn.edu/)
5. Know your budget! (https://www.dl.ed.gov/borrower/BudgetCalculator.do)

Good luck and happy savings!

Free money income February 5, 2010 at 11:34 pm | Permalink | Reply

Hi, thanks for sharing. I also digging some great deals online before making a purchase. By that way i was also able to save compared before.
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Notty February 2, 2010 at 8:06 pm | Permalink | Reply

Another very resourceful site for bargains and deals is http://www.onewayshopping.com. The site is good at digging up great deals from thousands of merchants, all in a single search result.