5 painless ways to save more than $150 a month



1. Cancel insurance on your cell phone. With the deductible, the limited coverage, and the low cost of cell phones, it’s probably not worth it. You’ll save $3-$5 per month, depending on your plan.

2. If you have a land line and want to keep it, cancel your long distance and voice mail. Use your cell or a calling card instead for long distance calls, and spring for an answering machine if people have actually been leaving you messages on your voice mail. Savings? $5-$7 per month.

3. Cook one additional dinner at home each week & freeze any leftovers. A home-cooked meal for two plus leftovers can cost between $3-$7 total, saving you at least $25 per week compared to (inexpensive) restaurant prices. Multiply this times four and your savings is $100 per month.

4. If you drive, avoid hard acceleration. Not only will you be less likely to be hit by someone running a red light, your gas mileage will significantly improve. According to this CNNMoney.com article the cars tested showed a 27.1 to 35.4 percent improvement in gas mileage. If you fill up twice a month and get 15 gallons each time, this will save you $21.06 to $27.50 per month at $2.59 a gallon.

5. Switch to drinking tap water. Not only is it better for you than drinks like pop & coffee, it’ll save you money and help reduce waste in the environment. Savings? $30 per month or more, depending on your habits.

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Posted in Money saving ideas on Sep 10, 2007

4 Responses to “ 5 painless ways to save more than $150 a month ”

  1. # 1 Matt Says:
    September 12th, 2007 at 4:27 am

    When I first started working I was drinking a lot of soft drinks, looking at my spending I realized just how much I was spending on them. Your point number 5 can save you a small fortune in money. This goes for any beverages you drink that cost money.

  2. # 2 Anna Luna Says:
    September 25th, 2007 at 7:06 am

    We bought a Brita water filter pitcher, holds about 18 glasses of water, for about $15 on sale at Target. We estimate that we have saved something like $20 a month just by not buying two cases of bottled water and bottled tea. Plus, we have reduced the amount of bottles that we used to have to remember to recycle, now we don’t even purchase them! Oh, we also bought reusable plastic bottles to fill with water each day.

  3. # 3 Keith Says:
    October 24th, 2007 at 12:10 am

    I think alot of people waste money on “trendy” stuff like coffee at Starbucks (way to expensive). If you stay away from top-name brands alone, you can save incredible amounts of money..and save $150 a month easily.

  4. # 4 Amy Says:
    November 10th, 2008 at 8:26 pm

    Anna Luna-

    Why bother wasting $15 on a filter? Tap water is perfectly fine, if it was dangerous it wouldn’t supplied to us.

    Don’t buy into the hype.

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