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Count 'em: 75 tips for surviving a crummy economy

Posted Jul 07 2008, 12:19 PM by Karen Datko
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Recession. Not a recession. Whatever label you put on the economy, "people are hurting financially," "Frugal Dad" says. He provides 75 tips for cutting back to help your budget  withstand the impact of $4-plus gas, higher food prices and our other economic ills. We love compilations like this because you can print them out and put them on the fridge.

Frugal Dad covers a lot of ground here, and has some ideas we hadn't considered. He cuts bottled juice with water to make it last twice as long. To save money but salvage his social life, he meets friends after the dinner hour. Eating out, after all, can be a mighty budget buster.

Here are some other samples (click here to read the entire list):

    • Some people won't use a drying rack or clothesline because clothing and towels can end up wrinkled or stiff. To fix that, Frugal Dad puts them in the dryer with a dryer sheet (we tear ours in half) for a few minutes after the sun and wind have nearly completed their job.

    • Our partner blogger, Donna Freedman, would agree with this one: Get a used freezer to stock up on discounted meat. (Or, if you live in ranching country, we suggest you consider buying a half- or quarter-beef right from the grower. It costs a lot less per pound, and grass-fed beef is leaner and tastier.)

    • You should know by now that properly inflated tires improve gas mileage. Buy a tire gauge, and check your tires every time you fill up the tank. Honestly, it's easy.

    • Keep any irregular income -- bonuses, overtime, gifts, money found on the street -- in a separate account for emergencies or to cover rising costs.

    • Forget baths. The alternative is a "navy" shower.

    • Frugal Dad read our mind with this one: "I don't buy anything that requires ironing."

    • Shed the product loyalty. Often the store brands taste just like the advertised ones. It makes you wonder if that dog is spilling the beans on the bean recipe.

    • Don't get spendy on gifts. Frugal Dad's wife gave him a decorated jar containing 50 pieces of paper, each with a reason why she loves him. He said, "It was one of the best gifts I've ever received, and cost less than $5 to make."

    Comments

     

    Thanks for sharing a few of my tips.  None of these will save a ton of money, but when practiced together they can make a significant impact on your bottom line.

    The best way to save money is to stay out of the stores!

    Every store has tremendous mark downs right now, some up to 75%!

    It is too hard to resist buying something when it is that cheap.

    You will end up telling yourself that if I hadn't gone into that store,

    I would never have bought that!

    I think all 75 suggestions are great for those who aren't already doing these things, unfortunately I think most budget savvy Americans like myself are already doing these things and are still feeling the pinch with tidal waves spotted on the horizon. Maybe we can collaborate to come up with 175 ways for those without A/C, a bike, or a green thumb??  

    I already do/have done 80% of those things. I suppose I can start doing the others that are applicable!

    I just have to comment on the "use a car for 20 years" suggestion. I used to feel that way as well, until a few years ago - I drove an 84 Chevy Caprice station wagon.  It got stolen and stripped (I received $750 for it from the insurance) and I ended up buying a new car.  To my amazement my insurance premiums were lower with the brand new car than they had been with the old one, about 33% lower.  Why?  Safety feature improvements over the past 20 years.  This needs to be factored into the equation when making your decision, the possibility of newer cars being a) safer than your existing car (and how much that means to you), and b) the effect on your insurance rates.

    learn to cook more moderate with out to much leftovers and when there is left overs

    eat on your next meal before it goes bad one you save money two you don't throw away food when so many children don't anything to eat.

    I JUST feel interestd in  these methods USA people use,may be i shuold introduce these into china and help my friend have a crummy economy.

    Cancel your caller ID on your home phone bill.  I just did that today and it will save me $9.00 per month.

    sunday papers have coupons--use them. I save about 80 bucks a week on coupons alone. that 75 cents a piece adds up....New cars are great..but I was young and dumb to find out I was 4000 in the hole when i drove off the lot...wow....still trying to get rid of a car worth less then owed on it....THE DOLLAR STORE IS A GIRLS BEST FRIEND GO THERE B4 YOU GO TO WALMART...YOULL BE AMAZED

    Buy used clothes, furniture, books, toys and dave a ton  God bless

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