10 ways of cutting back on spending  

Some very good money saving tips you have there. In this present time every penny counts and it does go to show that we can cut back a bit to save us some of our hard earned money.

Thanks for putting together such a good list

Great ideas to help save some money. I was already doing most of these things, even before these tough economic times. I do use a credit card because I don't want to carry alot of cash around. But I still think about what I am spending and I always, always pay the entire balance each month.

I must say that I live in a college town where everything is pretty much within walking distance of where I live. I walk to most of my classes, or at least walk part of the way and then I take the schools rail transport and since I'm a student I do not have to pay. I know that just by walking all the time and using their transport system, I'm saving a lot of money on gas. The only time I use my car is when I go babysit or when we make a trip that is a lot farther than their transport will take me. We can ride the buses for free too because we're students so that also helps. Walking does make a difference.

These are all great tips. Unfortunately, I've already cut back everywhere possible, even to the point of not using our clothes dryer to dry our clothes after washing them and hanging them outside to dry instead. Clothes dryers, or anything that heats up, gobble up energy so fast it'll make your head spin, especially if you watch your electric meter start zipping along just as you turn on any appliance that heats up.

Unfortunately, you have to be careful when hanging up laundry outside to dry if you live in a big city or a high-crime area. I did this once and was shocked to find that most of my laundry had been stolen... right off the clotheline!

But, there are many other ways to cut back. All it takes is some common sense.

Hi 1hopefulman,


Well I must say that is a good advice as I agree with you, I do my shopping list and get my husband to do the shopping and he is very sensible, he won't buy anything that is not on the list, we never go out to eat, I cook fresh food everyday and whats left over, I freeze it or eat it the next or manke something with the leftover and have the next day, we buy a large can of coffee and it kasts of couple of months, I wash clothes thes needs doing by hand and the res goes in the machine, I don't go to the movies as we don't have the time and it don't interest me these days as we are not youngsters, we don't use the car often as my hubby use his bicycle to work, so there are lots of saving there.


Tamara

be at home as much as possible....

These are all wonderful tips and most of them I already do, because I can't ford any other way of living. It was very kind of you for sharing. have a wonderful evening and happy Mylotting

Snowqueen

Even when my hubby made good money I always cooked at home still do. WE didnt have credit cards but now I have 2 And I Will never give up may car its paid for.
WE have house expences and Ins. payment and non eof this will change . I could use the rest of the money they took away when hubby died Not sure what it wuold add up to now but back then I lose $600 a month thats alot when ya think about it and whwen I think about people that get money from the government that has never worked for it like the aleins. that live here I just wan tto throttle some one!

I have a great trick that lets me use my credit card to rack up rewards but I'm never in debt. When I make a purchase with my credit card, I enter it in my checkbook in red ink and deduct it from my balance. When the bill comes, I add up those red entries and add them to my balance. I then write a check for the entire balance and my bill gets paid--I'm entering the charges like debits so I have no nasty surprises and always have a realistic balance.

I drive my cars till they die, usually about 300,000 miles or more. I'm the cheapskate's cheapskate!

those tips were really helpful. right now i am practicing a habit of buyig only things that i need at the moment or for tomorrow. In this way wont be splurging the supplies i had at present because they are just limited for a day or two. I would practice doing your tips and will tell you how it helped me and the experiences and challenges i will be facing if i follow them. I am a big spender so this tips would be a real challenge for me. Wish me luck