Subscribe
Do you think that you could cut your spending by $500 a month? I’m not sure that I could do that but after watching this segment on the Today show did give me some ideas on how to save some cash.
One suggestion was to call your credit card company and tell them that you are planning to take your balance and move it to another credit card. They will want to keep you as a company so they will probably be up for negotiating a better interest rate on your existing account. This works best, of course, if you have a good credit rating and your payments are up-to-date. You can use similar tactics with cable and cell phone companies which could save you up to $46 every month!
At the grocery store, plan to shop only once a week and bring a list since the things that cost most are the “impulse buys” when you don’t go in there with what you need already in mind. They also suggested splitting a Costco membership with a friend or family member so that you can share the savings.