If you are like most of us, you are always looking for a way to save money. Saving money is a priority for most with the economy the way that it is. Realistically, saving money only takes a few small changes in your spending habits including:
1. Don’t spend money. If you can do without it, don’t buy it. Look for a pattern of spending that you can stop in order to save more. Use the mindset that if you think you will still want it a month later then you can buy it. Chances are, the urge to buy an item will go away and you are left with more money in your pocket.
2. Cook dinner at home and bring your lunch to work. The average lunch is $5; multiply that by five and then by four. You can save $100 a month by packing a lunch each day. Now, if you add dinner to that equation, think of how much more you would save.
3. Bundle all services. Cable, Internet, and phone should be bundled in one package deal to save money. When you pay for them individually, they cost more. This goes for cell phone services also. If you can get your cell phone bundled into your home phone, it is cheaper. Use the same cell phone carrier instead of each family member being with different carriers. Family share plans are less expensive than individual plans.
4. Buy in bulk. A membership at Costco pays for itself after your first few visits. If you are single, this tip may not work as well as if you are a family of more than one. However, you can still benefit from buying soaps, toothpaste, and other toiletries in bulk, which means you don't need to purchase these items as often.
5. Use coupons for everything. Coupons aren’t just for food anymore. Coupons are the way to get the consumer into the store more often. Stores offer a discount as a way to compete with other businesses and you can benefit from these price wars. Coupons can make the difference of paying $50 for items that would otherwise cost $75-$100 without them.
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