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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

     

    So frugral that the link to your full list  is dead! Ha!

    American Dream....check out your local HUD....perhaps they can assist you !!!

    Try carpooling to work or grocery stores.  I also don't let my gas tank fall below a half of tank -- it is much easier spending $35 instead of $65.

    i tried to see all 75 and it won't let me. Has anyone else encountered this problem?

    Sorry, folks. Frugal Dad's site is temporarily out of commission, probably because of the heavy traffic. I'm sure he'll get it up and running as soon as possible.

    There are plenty of ways to be sensible without being ridiculous or 'cheap'.  Here are a few things I've done:

    -Don't use coupons as a motivating tool to buy things.  I will buy cereal, frozen goods, etc. on sale.  I save the coupon for that time to get things much less than they would normally cost by combining sale and coupon savings.

    -Look at what you drink.  I used to spend about $20 a week on sports drinks and juices.  I have cut back significantly by getting rid of most of the 'sugared water" with even more "sugar water"-Kool-Aid or on-sale powders.  Same sugared water, not a whole lot of difference to me at least.  My multivitamin takes care of any minimal vitamin differences that juices have.  My spending is now closer to $8 a week.

    -Watch lunchtime spending.  Some people go to lunch or order out every day.  That's $30-$50 a week for some, and usually unhealthy.  I usually reserve one day a week to eat out and bring leftovers that I already would have or a simple sandwich from home the other days.  I spend $15-$20, saving from $10-$35 over my co-workers weekly and being healthier.

    -Saving doesn't mean skimping, but knowing your priorities. If it's to build up your bank account a little, do that.  But there's also nothing wrong with cutting back on things that are less important to you (in my case, what I drink and festive lunches) to focus on what is more important without breaking the bank (a new piece of furniture, taking my fiance to dinner0.

    The site is working for me.  

    I already do a lot of these tips.  We are already being frugal and we didn't even know.  

    Great site Frugaldad.  I just signed up.

    I made several meals ahead of time, doubled the recipe, and put in the freezer. It is SO NICE to not have to think about what's for dinner--take a few hours on a rainy day and chop up veggies, saute chicken/beef and boil pasta. This can all be frozen.  Take out the morning of and put in the fridge to thaw, or the night before & you are all set. For the first time in AGES, I have made no extra trips to the grocery store for my family of 5 with the exception of 2 gallons of milk.Try it!

    I agree with everyone, but most of all, learning how to cook saved me money and time.  I used to go out for lunch everyday and now I take lunch to work, it save me time and money.  

    A few more things I do that seem to go along with Frugal Dad's advice:

    -Carpool when I can.  It doesn't require a specific arrangement.  A co-worker lives nearby, but work and life schedules play out much differently for us.  Usually it's only one day a week, sometimes two.  We figured out that each trip to and from work for us approaches $10 in gas costs.  Nothing wrong with cutting the trip when you can.

    -Don't pay to go to a gym.  If you can stay motivated, it's worth it.  Especially in the summer, it's easy to run or bike and remain active outdoors.  Also, see what that $20 a month gym membership plus fuel costs to get to and from the gym and appropriate attire you might not need at home can get you as far as cardio or lifting equipment to use at home.

    -Drinking tap water.  Similar to my use of Kool-aid over soda and sports drinks.  If anything, get a Britta filter to ease your fears.

    -As far as watering down juices, I've found it works even better with hand soap and shower gels.  Usually about 1/2 to 2/3 of the bottle can be filled with water and you still have perfectly suitable and just as effective cleanser.

    -I don't buy generic ink cartridges, because I rarely buy ink.  Newer printers have tiny cartidges.  I re-introduced my older, slightly bigger but perfectly fine printer to my desk.  The ink cartridges are huge compared to new models and only cost slightly more ($29.99 vs. $22.99 for nearly 3 times the ink!).

    -I don't know about cost savings, but I heard they do exist: dim your monitor.  Most monitors default setting is much too bright, and also not good on the eyes.  Mine is currently at 45% brightness.

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