Win My Book! 397 Ways To Save Money

I’m doing something a little bit different today. OK, I do things differently most days. But today is special because I want you to win my book 397 Ways To Save Money. I’ve got a couple of copies sitting on my kitchen table and I think they need a better home.

397 ways to save money giveaway

There’s a catch though, you have to earn it. To win one of two giveaway copies here’s what you’ve gotta do:

Share your best money saving tip by commenting on this post. Feel free to get creative or be serious. The point is to comment and share YOUR BEST idea – so don’t tell me to cut off the end of a toothpaste tube to save a fraction of a cent, cause that’s weak. The best two tips win the books. My decision is final. :)

Some Squawky Rules:

  1. Only one entry per person.
  2. Use a valid email address so I can contact you if you win. Your email address stays private, promise.
  3. Comments must be left before Saturday, June 27th, 2009 at noon (Pacific Time).

I’m also happy to say that my book is back in stock after hitting the Amazon Top 100 earlier this month. So if you emailed, tweeted, or commented about my book being sold out then now is your chance to get a copy. A huge thank you to Kate, my editor, for rushing in a reprint for both Amazon and Chapters. You can still download a Free Excerpt if you’re into PDFs of books.

Face me on Facebook!

I’ve had a few readers ask me to share my experiences with living on an organic farm and to share some personal stuff about me. Since this blog is more about living on a budget, I decided to start a Facebook page to share other details not entirely related to frugality. Facebook is also a great way to connect with people, share photographs, and comment on life in general.

Hope you like red bras and grapefruit. Smile.

Follow me on Twitter

I’ve been a regular twit on Twitter for over a year now. If you’re into Tweeting with a group of Tweeples, then go ahead and …

I really love Twitter. It’s a fun way to connect with others in 140 characters or less. So go ahead, I dare you to Tweet me.

Book Reviews!

Over the last while several bloggers and a few reporters have reviewed my book. Check out their frugal thoughts and favorite money saving tips. A big thank you to all who have taken the time to read 397 Ways To Save Money and shared your thoughts.

Now don’t forget to share your best money saving tip by commenting on this post.

Your two cents:

  1. Rina June 23rd, 2009

    Great book and congrats, by the way!

    My best tip is about bar soap:

    Bar soap manufacturers purposely pump their soaps with extra water and then sell them in packages that keep them that way so that the bar of soap is used quicker, therefore forcing you to buy more. When you buy your soap, take it out of the wrapping and allow it to ‘dry out’ a bit so it lasts longer. Also, when the bar of soap you have in your shower starts to run low, make the new bar wet while you are in the shower and squish the two together so that you never throw away soap.

  2. Quietrose June 23rd, 2009

    I have always enjoyed your blog, Squawkfox and I really like to read and apply your useful tips in your new book. Kudos to you!

    My money-saving tip is to reduce your cell phone, cable, internet, plans. Most people don’t need all the 900 cable channels that they have and are paying for. Some people don’t use their 10, 000 minutes of cell phone time. I often call those companies to haggle and get the best rate for the services that I actually use. I also find that being up front and threatening to leave, when I have been a loyal and long-time customer, works wonders. It’s about really evaluating what you need and then paying for only those services.

  3. Michelle June 23rd, 2009

    I love walking by displays of beautiful plants in greenhouses or even in some grocery stores. Unfortunately most of those plants are hugely overpriced and often are not healthy and end up dying after a couple weeks anyways. Here are three great ways to save on plants:

    1. Buy seeds (a pack of seeds costs under a dollar and gives you a TON of plants – to grow them you only need some dirt (free just out the door), some light (also free), and some water (again, free!).

    2. Collect seeds (similar to above, except this time the seeds are free). Most plants put off seeds or runners depending on the type of plant. Either shake off the seeds or clip off the runners and start your own plant.

    3. Divide and conquer. If you have a friend who also loves plants, divide up some of your overgrown potted plants or dig up some from the yard. Do a swap and this way you each get more variety for free, in addition to keeping your plants from overcrowding.

    Enjoy the green – both the plant green and the money green (although here in Canada our money isn’t always green, but you know…)

  4. Beth June 23rd, 2009

    My biggest money saving tip is to take advantage of all profit-sharing/free money incentives that your work might offer. My place of employment does an RRSP matching plan and every month, I find yet another person who not only is not contributing to an RRSP, but isn’t getting the company matching. This is part of your compensation package and you’re throwing it away!
    The company ESPP plan is another great way to make money and save money, if you’ve got one. Most places will purchase the stock for you at 85% of market. You’re making 15% immediately if you sell this right away. I can’t think of any other investment that is giving me a 15% ROI in this economy.
    I guess I’ll add another tip of mine which is (take that money you just made on your ESPP) and do a prepayment on your mortgage, if you’ve got one (which I hope you’re paying off as frequently as possible). The more you prepay now, the less interest you’re paying later.

    Oh, and drink tap water if yours is potable. Bottled water costs more than gasoline.

  5. Teresa June 23rd, 2009

    Learn how to can food that is in season and do the work with friends in bulk. It is more expensive the first year you do it, because of the cost of jars. I did some number crunching – if you were to can a 500 mL jar of tomato sauce when tomatoes are in season at the farmers’ market, it would cost $1.50 per jar. But if you already had jars, it would cost $0.75 per jar. Or you could probably find jars for cheap or free at garage sales or on kijiji.

    The benefits definitely outweigh the work: you get better tasting food with less preservatives throughout the year, for less money, and if you organize with friends, the work is less for everyone and you get some great socializing time too.

  6. Rachel June 23rd, 2009

    I’m very new to your blog and I’m glad that I heard you on NPR a few weeks ago because I’ve always been into finding new ways to save money.

    Our way of saving money is that we moved into a motor home 3 years ago to live full-time and travel around the U.S. for our business. Because we live in 300 s.f of space, we have no room for stuff that we don’t absolutely need. This has made us focus on whether we need something or just want it and has saved us a ton of money. In addition to this, we have put solar panels on our roof which has allowed us to ‘dry camp’ frequently saving us the money we would have to pay to RV parks.

    Another thing we do to save money is that after each meal, I put leftovers in a glass container and after a few days, I make a yummy omelette out of them.

  7. Joe June 23rd, 2009

    Hi,

    My favorite money tip is simply to ask for a better price. Simply ask. For anything and everything. From credit cards interest rates, to cars to shoes! Walk in a store and simply ask for a discount. You would be surprise how many times this works. If they say no, simply walk away!

  8. Lance June 23rd, 2009

    I’m rolling on the food side today…

    Eat your fruits and veggies. What, you say? It’s cheaper to buy tv dinners, bags of chips, and fruit look-alikes. Avoid them. It’s not always about saving today. Think long-term. If you eat healthy today (and pay more maybe), you save down the road. You save in fewer medical bills, less time missed at work, and in the just in generally feeling better.

    And…if you have your own garden…even better to grow some of these things yourself. Or visit a local farmers market. A couple of ways that may lower the cost today of the healthy food you do buy.

    So there you have it – my tip is to eat healthy TODAY!

  9. Jill June 23rd, 2009

    Love the blog!

    My money saving tip:

    decide what you truly want out of life (peace? longevity? family? …) and make all purchases based on whether they get you to that long term goal.

    Many purchases actually delay getting to our goals.
    If your goal is to live in the wilderness with no job (my goal…sort of) then you don’t spend money on things that keep you from that (new cars, houses in the city, morning latte’s)

  10. Kathryn June 23rd, 2009

    I was raised by a Mother who had lived through the Great Depression as a child and I learned so much from her about saving money without knowing that I was learning. A few things that I learned from my Mother:
    1.) keep track of what you spend — not just the big items; balance your change purse as well as your cheque book
    2.) think hard: do you really need it?
    3.) reuse — this means saving elastic bands, aluminium foil, wax paper, string … save it and reuse it
    4.) use coupons
    5.) watch the sales
    6.) don’t buy … borrow from a friend
    7.) this is big — use the library
    8.) sew your own clothes
    9.) don’t get caught up in the fads

    All commonsense. All easy to do. All guaranteed to save you money. Just wish she was still with us to share her knowledge.

  11. Emily June 23rd, 2009

    my #1 money saving tip: Pay cash for your home.

  12. TeacHer June 23rd, 2009

    Raise the collision deductible on your car insurance if you’re a good driver. It could save you $50+ per month, and you probably won’t miss the coverage.*

    *I think my dad’s reasoning is correct: if you haven’t had an at-fault accident in over 5 years, you probably don’t need to be paying a high premium for collision insurance. And, if you do have a serious at-fault accident, you’re pretty much screwed financially anyway, so you’re better off paying less monthly and investing in being careful and driving the speed limit.

  13. Jimmy June 23rd, 2009

    Ask for a discount. For most things that you purchase it is extremely useful to get a cheaper price. Most of the time all you have to do is ask. I’ve found that this works best if 1)you are buying in bulk, 2)you have the cash, 3)you’ve done your research before hand, 4)you are willing to walk if the price is NOT right, and my favorite, 5) you are in the military. I seem to always receive at least a 5%-10% discount for being in the military. This ‘saved’ money can be used, of course, how you see fit. Good Luck!

  14. Matt B June 23rd, 2009

    I turn up the A/C (I live in FL) before going to work, and if I leave town for more than a day, I’ll turn off the water heater. Not only do I hate spending money on things that I do not use, but I also hate wasting energy!

  15. My best money saving tip is to do whatever you need to do to realize that money equals time and time is ALL you really have. I raise my awareness of money by doing spending fasts for various things. Last year I went a whole year without buying clothes. It made me realize how often I bought clothes when I needed something else – like connecting to others or spending (!) time walking in the woods or meditating. This year I’m trying not to buy food while at work. It is harder of course because I actually need food and it means I have to think ahead of what my day will be like. So the tip in short form is to raise your awareness of what money really is.

  16. Meg from FruWiki June 23rd, 2009

    ASK, ASK, ASK!

    Ask before you buy something, “Do I really need this? Can I use something else? Can I get it cheaper? Can I borrow this from someone?”

    Ask when you buy something, “Is that price negotiable? Do you barter? What warranties does it come with? What is your return policy?”

    And (if you use their their services) don’t forget to REGULARLY call up the credit card companies, cable company, pest control company, etc. etc. etc. and ask for better rates.

    Ask questions often and you’ll be surprised how much good it will do!

  17. John @ Hard Work Blogging June 23rd, 2009

    My best tip is to call places that send you a bill to see if you can lower something. For credit cards you might lower your interest rate or minimum payment. For cell phone you might get a better rate or qualify for a discount for being part of a group or alumni association. For cable you can get a better rate. Get a promotional rate for x months. Then call again in x months. I’ve never spent more than 15 minutes on the phone and have over 50% success rate. You normally don’t even need to threaten to cancel.

  18. Julie Bestry June 23rd, 2009

    Acquire nothing without prior intent–don’t buy anything unless it’s on your list before leaving the house. If you didn’t “know you needed it” before heading out, chances are that you’ve merely been tempted by a siren song of advertising and product placement.

    That may seem like an odd tip, but as a professional organizer, I find that most of the clutter (and therefore, most of the unnecessary spending) comes from spontaneous acquisitions. Keep a list of everything you need or want: a grocery list for the market, a sundries list, a big-ticket item list of things for which you are saving (so you won’t have to buy it on credit).

    Then, whether it’s a new brand of cookie or a fabulous blouse or a wow-inducing gadget, don’t get it…now! Keep a tiny notebook, write down everything about the “newly desired” item (and I mean everything: calories & fat grams; size and material; technical specs and battery life…and write down the price). Like food cravings, these desires to possess the newly-beheld item will likely pass, replaced by other cravings.

    Don’t forget to bypass “freebies”. Like an ice cream sample, they build an appetite for more expensive acquisitions…and clutter is costly, whether you pay in dollars, or lost space and wasted time.

  19. Derek June 23rd, 2009

    my tip would be to maximize your free government money and put it into the lowest cost MER (ETF’s or mutual funds you can find). RRSP’s, TFSA’s and RESP’s are the first to come to mind.

    for example i get a 20% return on my kids RESP (up to $2500) on money put in each year. My company pension/RRSP has fees of 0.6 MERs so use them to the max.

    More than ever it is up to ‘us’ to save for retirement and without a plan and low cost way we will face a harsher time later in life.

  20. Sarah in MN June 23rd, 2009

    This may not be “exciting” but it is a new concept to me. My biggest tip for saving money is to be content with what you already have. End of the cycle of endlessly seeking more. Relish in the free things: a fun walk outside, playing with your kids, running through the sprinkler, watching a garden grow.

  21. Daphne @ Joyful Days June 23rd, 2009

    Kerry,

    Wow what a great idea to give away your book. Just reading the comments is already a treat, with so many ideas! Here’s mine:

    DO-IT-YOURSELF (DIY)

    I moved recently and could have spent a ton on my new place, which looked quite run-down. Here’s how much I saved by DIY.

    a. A new gate would have cost $470. I painted the old, peeling gate myself – the paint cost $15, the paint brush $2.50, and it took 2 hours.

    b. Hiring people to paint the apartment would cost $1000. I did it with a friend’s help and spent $150 on paint, brushes, and a treat for the friend. It took 5 hours.

    c. Replacing the worn-down door would have cost at least $500. After varnishing it myself it looked as good as new. The varnish cost $6 and the brush $2.50. Took 2 hours.

    d. New curtains for the five main windows would cost at least $50 each for a total of $250. I’m sewing some old curtains to size – cost of thread is negligible.

    e. I wanted frosted glass for my windows. Replacing the clear panes would have cost at least $300. I bought self-adhesive paper in a frosted pattern and simply stuck it on and cut to size. Each roll of paper cost $4 and I used 4 rolls. Took 3 hours including mistakes.

    Thanks for this opportunity to share. I feel really good just writing down how much I saved, whether or not I win the book! The book would be nice of course, especially if it includes tips on saving money around the house, which is what I need right now!

  22. Michelle June 23rd, 2009

    My favourite money saving tip is to learn a new craft. I learned how to crochet a few years ago and since then, all my winter holiday/Christmas gifts are really easy to do! Everyone gets new hats, gloves or scarves and I always wait for decent sales paired with coupons for the yarn. Plus, crocheting (and other crafts!) is really cheap entertainment – a few dollars for several hours of entertainment is always a great thing.

  23. Katherine June 23rd, 2009

    My best money-saving tip: vacation close to home, and stay with friends and relatives. Forget the all-inclusives in tropical destinations or jet-setting around the world. Take shorter car/bus/train/or even bike trips to the homes of friends and relatives. You’ll have the opportunity to spend time and really get to know those important people that you don’t get to see very often. You can discover different towns and cities, guided by a resident. And you save tons of money on hotels, restaurant meals and transportation. Of course, it’s always nice to spring for a dinner out for your hosts or a nice gift in return for their hospitality :)

  24. Bobby June 23rd, 2009

    My tip: when purchasing airline tickets for multiple people, purchase the tickets one at a time. You will usually get a better price.

  25. Tony June 23rd, 2009

    The best thing we ever did for saving a little money was buy Artisan Bread in Five Minutes a Day and we now make all of our own bread with very little effort. We have not bought a single loaf of supermarket bread in 2 months. We both love our bread and now it only costs $0.50 a loaf. We save like $2.50 a loaf. We got back the cost of the book after 8 loaves and the rest is just gravy! And on top of it, we eat less bread now because the bread is delicious, nutritious, and much more filling than the air filled fluff on the shelves of most grocery stores.

  26. Susan June 23rd, 2009

    My tips are:

    1.Do as much yourself as you can…cooking your own food, completing your own repairs, caring for your own/friends kids on weekends is cheaper than getting someone else to do it.

    2.On that same theme…wash dishes by hand (10minutes by hand for 5 people or 1hour in the dishwasher), letting the sun dry my clothes vs the dryer,

    3. Don’t use a sledge hammer when a mallet will do! Only use what you need…few of us are coal miners – we don’t need gallons of soap to wash ourselves, our dishes and our clothes. Also, as my aunt so aptely stated, we only have one bum! How many clothes do we truly need? We don’t need boiling hot water coming out of the kitchen sink – turn down the hot water tank. Don’t use the big oven when a slow cooker will do the job. If the food is hot and almost cooked (veggies, rice, fried eggs)then turn off the heat, leave the cover on and let the residual heat finish off the job.

    4. Buy used and save the difference. My kids don’t know where their clothes come from, they just know that the laundry fairy leaves clean pants in their laundry basket! Most of us have no end of stuff/junk that we have collected/bought/been given. Use our excess to make the lives of others who are less fortunate more comfortable.

  27. Timothy Chu June 23rd, 2009

    This will probably work best in a big city (I’m in Vancouver). And I’m not sure whether it’s already in your book.

    With HDTV taking over the airways, I’ve found even less reason to subscribe to cable. I’m able to get three channels reliably in HD with only rabbit ears antenna (and there are various DIY plans for even better antenna options), which some say is a better quality signal than that of various cable subscriptions. That’s enough channels to get my local news and some of the more popular television shows. We haven’t paid for cable in years, but now, there really isn’t a reason to (plus we reduce our time watching television and instead read educational blogs such as yours!).

  28. runswithscissors June 24th, 2009

    Ok, i’m going to say use the library. But not just for practical reasons…

    I have a friend who lives 6 hours away.
    We have each others’ library card numbers and pass words so that we can go online and order each other books we think the other might like.
    I love getting the call from the library that there is a book waiting for me when i know i haven’t ordered anything myself.
    Then i know two things, my friend has been thinking of me and i’ve got new reading material! It’s like getting a present for no reason, just because. I LOVE it!
    It’s also kind of funny to order something you think might raise the eyebrows of the librarians on the other end. Like “are you there god? It’s me Margaret” and “Menopause for Dummies”. for my 30 something friend.
    This little tip from my friend’s husband has given us a free and original way to stay in touch and also be able to do nice things for no reason and for no cost for each other!

    thanks, i heard you on cbc and you sounded so normal! i love it!
    ab

  29. Lynda June 24th, 2009

    1) Use what you have.
    2) Sell what you don’t need or take the tax break when donating (not an option in the UK, sadly)
    3) Join the library!
    4) Check insurance cover just before the yearly renewal; there may be an extra claim free year to lower your payment or things you don’t need insuring as you’ve decluttered them!
    5) Barter.
    6) Once a month (or fortnight)cooking, depending on size of freezer, to reduce need for takeaway.

  30. IH June 24th, 2009

    If you still have a phone landline, look carefully at what you are paying for. We wanted Caller ID because we had been having some problems with crank calls. They insisted that we could only get it “bundled” with other services like call-forwarding and call waiting for roughly $20/month. I finally asked to speak to a manager, although they told me it would make no difference. Well, of course you can get it without bundling. $7/month. If I had believed the original customer service person, I would have spent an extra $150/year. It made me question all the hidden fees in my utilities that I blindly agreed to but don’t need!

  31. Elisabeth June 24th, 2009

    One of my best money-saving tips is to never buy holiday/greeting cards again. It doesn’t seem like much—just $3.99 here, $4.99 there—but if you consider how many birthdays, graduations, and major holidays that “warrant” these purchases, the cost can really add up over the course of a year. Instead, a single package of card stock can be used again and again to create unique and personal cards for friends and loved ones. You don’t even have to be artistic; just cut pictures from magazines or run the cards through your home printer. It’s the message behind the card that counts, not the name brand, so why wouldn’t keep that annual $100 to yourself?

  32. Kim Lund June 24th, 2009

    Instead of turning on the central air conditioning i just turn on the furnace fan and it brings all the cool air up from the basement, that and a portable fan seems to work well, if there is not a cool breeze outside keep the windows shut and the curtains closed.

  33. Betty June 24th, 2009

    I’ve been doing this little trick for years. When I deposit money into my checking account, I’ll record in the ledger $50 less than I deposit. If I deposit $150, I’ll only add $100. I lease my cars, so every three years I’ll have the deposit without feeling the pinch!

  34. Fab June 24th, 2009

    Hi,

    One of the best purchase I did a few years ago was to buy a hair shaver ($40). Every month now my wife cut my hair with it, it takes 10 minutes and saves probably around $15 each time.
    I realize that it is not applicable for everyone, specially women ;), but men with short hair could definitely save money this way. It is not a life changing money saver but every little bit count, isn’t it…

  35. Laura June 24th, 2009

    My tip is to use cash. Since I switched to cash I am much more consciencious of where that cash goes and how often it goes. Suddenly my meals out are costing half the amount because I am paying attention!

    My other tip is to make a goal for what you are going to do with all that money you save. Then keep track of the savings and reward yourself. I’m saving to fund a layover in London (I’m flying through anyways on business) and I am VERY motivated to keep even the smallest amounts of money to myself as I anxiously await my mini-vacation.

  36. Sara June 24th, 2009

    I use an updated envelope system to keep my spending in check. I use a spreadsheet for each month, with categories written across and the budgeted amount for each category in the next column. Dates go in the A column. Then, whenever I spend money, I subtract the amount I spent from the amount budgeted, and I know exactly how much money I have left to spend for the rest of the month. The nice thing about using the spreadsheet is that it’s super-easy to rebalance categories if necessary.

  37. Melissa June 24th, 2009

    A couple money saving tips -

    1. Write your grocery list to reflect the layout of your grocery store. This way you only go through each aisle once and are less likely to buy more than you need.

    2. Avoid discount stores. While it may be incrementally cheaper to go to a Wal-Mart, Target, or equivalent to buy groceries, you’ll almost always end up spending more than you need to. Discount stores are havens for impulse buying. Just shop at your grocery store and hit the discount stores only when necessary.

    3. Skip the drycleaning ever other time. Most clothes that are dryclean only can actually be handwashed. Check the label for fabric type and do a little bit of research. I now take my drycleaning in once a month rather than every week.

  38. Kristen June 24th, 2009

    Clean the lint out of your dryer. Not just the stuff in the trap, but clean out the whole dryer and the duct work as well. I bought a kit for $23 and was able to easily do this myself, and I could immediately see a difference in how quickly my clothes dry which will save a bunch in energy costs.

  39. Kathy (geekypoet) June 24th, 2009

    With everyone watching their money these days, a monthly dinner club is a great option to expensive dinners out. When you and a few friends start making fancy dishes on your own, you may find that inner chef you’ve been hiding away and a reluctance to pay $50 for a meal out.

    A dinner club is a better dressed, well planned cousin of a potluck. No one gets stuck with the entire food bill as you would with a typical dinner party. Select a theme ahead of time to tie the night together. Each person takes responsibility for a particular course, or specific dish.

    You are only as limited as your imagination to create that dinner out ambiance. Dress your table based on some of your favorite restaurants. Use a table cloth and cloth napkins. Set the table ahead of time. Use plain dinner plates as base plates, and then serve a soup bowl or salad plate on top of it. It adds that fancy restaurant touch. Set wine and water glasses, and have a beautiful pitcher of ice water with sprigs of fresh mint on the table. It looks nice and saves you from having to get up during the meal.

  40. Steve June 24th, 2009

    I don’t have too many daily money-saving tips, but I do have a few that can save you a LOT in the long run:

    1) Back up your data. Twice. I can’t tell you how many people come to me to try to get pictures, videos, etc. after a hard drive crash. It never hurts to have extra backups, and with the price of portable storage these days ( <$100 for 1TB) there is no reason to not back up.

    2) Learn how to use the computer! Not only is it fun, interesting, and useful, but you will save money when it comes time to fix it. Best Buy (ugh!) charges upwards of $100 for just looking at the computer, and even more for repairing it. On top of that, they also charge for backing up your data! One simple driver issue could be the cause of a $200+ repair bill.

    3) Use Free, Open Source Software! Like MS Office but not the $400 price tag? Try OpenOffice.org. It looks the same, feels the same, and writes in more file formats for free! Is your old computer getting slow, but you still aren’t ready for a new one? Try Ubuntu or Linux Mint- I’ve got those running on systems ~6 years old that are faster than brand-new Vista machines.

  41. jinkkazama June 24th, 2009

    As a student, without much money to spend, I’ve always stick to Golden Rule #1: Don’t buy things on impulse.

  42. Monique June 24th, 2009

    The best money saving tip is to re-think ALL purchases-think of an alternative to whatever it is you think you NEED to spend money on…for example- want to read a book- don’t go to the store and buy one new. Buy at the second hand store, or borrow/request a book from the library.
    Always re-think anything you are about to spend money on.

  43. Sue Neyhard June 24th, 2009

    The money saving tip I have used twice in the past couple days — rather than buy new, see if you can repair that item. With about 1 hour of invested time, I repaired a suitcase damaged in flight (why buy a new one when the same fate awaits it?). I also cleaned up some damaged to a favorite work bag — hardly noticable now.

  44. Amanda Z June 24th, 2009

    Using the library is one of my big money savers, since I’m a book-a-holic. The best tip I can give though, is having an upright freezer. It allows me to stock up on sales, which is great.

  45. Humairah June 24th, 2009

    hi
    Thanks everyone for sharing your tips!

    I have a few:
    - Use coupon-database websites, or websites that keep track of deals to find things that you need. A lot of times they post information on free stuff. So far, I haven’t needed to buy shampoo because there’s always some offer or the other going on- However, this might mean not sticking to one brand. These sites even post info on how you can get gift cards to popular restaurants, which is a treat for those who love to eat out

    - On that note, don’t eat out! This is tough, but I knew someone whose father paid for his house in cash, just by saving on lunch money for many years.
    What’s the alternative? To make good food at home. Use recipe websites such as recipezaar, prevention.com that post nutritional information as well. An important tip here: Read the reviews + rating. Reviews help me determine how I can alter the recipe. Ratings are extremely important to filter out good recipes from the bad ones. I’ve heard my husband say countless times that he feels he’s eating at a restaurant :) We’ve decided to eat out less than once every two months. Imagine the savings!

    - Skip the TV, you don’t need it. Everything is on the internet. I haven’t had a TV in 7 years, and I don’t feel I need one. With all the time you save, you can invest in yourself to learn new skills and become more intelligent/handy.

    - Don’t waste food. Learn how different fruits and vegetables can be stored or frozen. Freeze leftovers (as soon as the steam escapes after cooking) right away, and take them out on days when you don’t have time to cook. It’s like instant frozen dinners that you made yourself!

    - Don’t buy cleaning supplies! All you need are: hydrogen peroxide, baking soda and vinegar. These can be powerful cleaners for everything at home. Again, many dedicated websites online will help you in making cleaning solutions (most which just involve mixing with water!). Remember, you’re cutting down on all the chemicals you might otherwise inhale from those expensive cleaning bottles from the market.

    - Make your own toiletries. Learn a few tips and tricks of aromatherapy, and you can make your own chemical-free soaps, shampoos, home fragrances, etc. You will spend only upto 50$ initially in supplies, but imagine being able to make soap just how you like it :)

    - If you require a piece of furniture, don’t run to IKEA to buy one right away. Always wait it out. Patience is always rewarded. We bought a dining table set for $150 and coffee tables for $70. I could not believe when 2 months later, they were on sale for $100 and $50… I could have saved $70 if I had waited. Of course 2 months is a long time, but this is just an example.

    - Even gym memberships go on sale. I don’t think you should be paying more than $25/month for a gym. Like many people who said above: Always negotiate

    - Get rid of fees: I learnt this in a seminar. Call your bank and talk to them about removing any fee that you have. It works sometimes, sometimes it doesn’t. You can always try again every now and then. We’re giving them business by giving them our money, they should definitely waive the fees. Or go with fee-free banks such as PC, etc.

    - Rewards: If you have to use a credit card, get one with reward points because you can definitely use them to pay for big things, including airline flights. Try to think of all the ways you can earn points. For example, filling up at gas stations that have points so that you can earn free gas over time. Many shops (besides groceries) have reward/stamp cards too.

    - My biggest one for saving money is charity: The more you give, the more you get. Guaranteed.

    Thanks for reading!

  46. Brandon June 24th, 2009

    Here are my 2.

    1. Switch your bank account to a no-fee provider like PC Financial. It saved me $27.99 a month from my TD account. The only difference is that I don’t get a safety deposit box. Not a big deal.

    2. Track you spending using some sort of money manager. Quicken, Wesabe, or an excel spreadsheet. Whatever works for you. You cant be in charge of your finances unless you know where your money is going.

  47. Dan June 24th, 2009

    unless absolutely necessary, don’t pay for convenience. A pound of fruit salad at the grocery store is five or six dollars, you can make three or four lbs. for the same amount (if not less) by cutting up whole fruit.

  48. Thankful June 24th, 2009

    I don’t think my husband and I will ever be able to cut meat entirely from our diet, but in the past couple of months we’ve gotten in the habit of splitting a piece of meat instead of cooking two. MUCH less waste and our grocery budget is going a good bit further, and we’re still both getting enough protein.

  49. Lisa June 24th, 2009

    My money saving tip – patience! And, pay cash. If you are shopping for a particular item, shop and compare prices and then wait for the best deal and pay cash. If you don’t have the cash, don’t buy it if you can do without it.

  50. Kerry June 24th, 2009

    We just bought a home and our two new ways to save money are:

    1. Rain barrels: Use rain water to water plants, vegetables, etc… rather than hose water. Rain water is untreated, free, and at air temperature, all of which are better for your plants and your wallet.

    2. Plant some vegetables & fruits: Either from seeds or from small plants. We’ll save money on fresh fruits & veggies this summer (and winter if we can freeze some of the produce).

    Also, we bike to work spring, summer, fall… saving us money on transportation costs AND gym memberships. It’s a built in workout 5 days per week.

  51. Denise June 24th, 2009

    Excellent tips above, and I always look forward to my Squawkfox updates.

    My tip is to learn to discern between your true life needs and the momentary wants. These will be different for each person. I know a charity that pays it’s employee’s based on their needs, each employee receives a different salary based on the individual’s needs. For one woman, her passion and way of connecting to her spiritual and creative self is through playing the cello, so the costs of the instrument’s strings and upkeep are factored into her salary. Each employee has to do soul searching to decide what it is they need to meet their obligations AND to be whole and fulfilled people. This leaves little to no money left over for the morning fancy latte (unless of course that is the thing that truly enriches your soul). The exercise makes you learn about yourself as well as how to prioritize your budget.

    Of course most of us can’t or wouldn’t want to get an employer to oversee this exercise, but as our own financial managers we can do it ourselves. I try to ask myself if the purchase I am about to make is truly a need that enables me to either meet my obligations or to nurture my true passion/connection to life. Sometimes camera/photography related purchases pass the litmus test, sometimes they don’t.

    Also never buy on impulse. If you see something you weren’t planning on buying, even if it seems in the moment to fall into the need category, go home, think about it some more, see if the next day you feel the same way. I have avoided spending many times, when I could have convinced myself that the purchase was a “need” if I hadn’t put the brakes on the impulse moment.

  52. Connie Richardson June 24th, 2009

    If you want to save big money over the long haul, do two things.
    Pay down your home mortgage as quickly as possible. I got an amortization schedule and every month paid the regular payment plus the next month’s principle. You will save an amazing amount of interest, own your home outright much sooner, and improve your credit rating to the point that is ridiculous.
    Secondly, learn to repair your own appliances. Not only will you save the cost of watching the expensive repairman do the work, but you can extend the useful life of your appliance by multiple years. Now you can take the money it would cost to replace the fridge, and put that into the savings pot.
    Oh, and cut your own hair and the hair of all the rest of the family. I look at it this way. Hair is a renewable resource. So if you mess it up the first time you can take heart that it will grow out and you will have learned something.
    Cheatskate is a sobriquet I wear with pride. Be proud!

  53. Chris Roland June 24th, 2009

    My best money saving tip is to pay bils on time. Fees are getting crazy and some credit card revenue models are built on how much money they will make from you from fees.

  54. Marianne June 24th, 2009

    My tip is to have FUN and enjoy being frugal! A dollar not spent is worth SO much more than a dollar saved (after all you are spending post-taxed money and paying taxes on that purchase too, whereas if you save a dollar you save the whole thing).

    I consider frugality a sport and part of my life. For example, Loblaws supermarkets have a policy that if your scanned purchase is more than the listed price in the aisle, you get it free up to $10. It’s rare for me to walk out without a couple free items. Never a big win monetarily but SO FUN to know that every time I use that product I got it free and I’m that much closer to my holiday goal (or whatever…free is thrilling).

    Being frugal and saving money might seem like a chore from the outset because there seems to be so many rules. But as a player in this frugality game, the better I understand the game strategies, the better sportswoman I am, the more I win!

    So, consider each dollar not spent a triumph, every meal made with homegrown food a score and enjoy the opportunity every day to play to WIN! It’s really, truly FUN.

  55. MoneyMateKate June 24th, 2009

    I follow you on Twitter – Tweet away!

    I love the barter system and think that it’s way underused. I’ve gotten great haircuts, handyman work, reflexology, nutritional counseling, website photography, all kinds of things in return for my professional massage skills – from people who would not have been clients otherwise, so no loss of cold hard cash. When I lived in Scotland, Land of the Frugal Geniuses, many of my co-workers had neighborhood babysitting systems. Everybody started off with 5 tokens worth 1 hour each. You “pay” and “get paid” with them, no chance of any one person abusing the system. I thought that was brilliant!

  56. Marjorie Stewart June 24th, 2009

    Houses have fallen at least 20% in the last year. This means that your local tax assessor has your house assessed for more than it’s worth. He has your home on the books at a price higher than you could get for it today. Find out what houses in your neighborhood have sold for recently. In you live in a major city, use http://www.Zillow.com for that info. Second, find out what the assessor has your home assessed for. If there is a discrepancy in the city’s favor, file a formal request for a reevaluation of your property’s market value. Ask if there is a form for this. Your assessor’s office can tell you. There is no reason you should pay taxes on last year’s higher assessment.

  57. FFB June 24th, 2009

    Set up an online savings account (like ING) and automate your savings!

  58. Alex Givant June 24th, 2009

    I’ve bought my son XBox (from Dell) and after we’ve got it they lowered the price. I’ve called customer service and asked if we can get difference. They said no. After that I’ve explained them we have right to return the stuff in 30 days and they (Dell) will pay twice for that (once to get old-priced XBox from us and second time to send us new-priced XBox). They were really happy to return us price diff.

  59. Amy June 24th, 2009

    Make your shopping list first and then go through your grocery flyers to see where what you need is on sale. If it’s not on your list, you don’t need to pick it up.

    Take advantage of the discount cards offered by your grocery store, as often you can only get the lower prices offered by using your card. Many of the discount cards will allow you to collect reward points. Often you can redeem the points for free groceries, or else redeem them throughout the year for household items you need. We’re a family of two and yet we saved enough points to get a rice cooker and a Le Creuset Casserole dish – both of which get used at least once a week. A friend saves her points and uses them to buy toys for her kids birthdays and gifts at Christmas, thereby lessening the pinch she would feel at the holidays.

  60. Mindy June 24th, 2009

    My hint is to purchase good quality affordable cars. (Do your research). Then pay them off as quickly as possible-preferably at purchase. We have done this with our cars and it makes a big difference not having the monthly car payments eating up your money each month.

  61. Steve Zussino June 24th, 2009

    I have two words for everyone: House swap!

    To propose to my fiance last year for her birthday we went to Albuquerque New Mexico! Unbelievable trip to the hot air balloon fiesta. Great place to propose. We stayed with a couple in their massive guest house (with nice leather sofas, king-size bed, fridge, big jacuzzi tub). In exchange, they stayed in Victoria when we were away. It is a great idea. Save huge money on hotels and you get to meet new people.

  62. dava June 24th, 2009

    All of these are great tips. It’s fun seeing the philosophical trend emerge again and again.

    This is an old tip but still a great one: every night we put all of the loose change in our pockets into a bucket. We call it our “vacation fund.” Guess what we do with it every few years…

    The second tip is something new (for me, anyway). This year I joined a CSA (Community Supported Agriculture)program. The only down side is that you pay a lump sum for 26 weeks of produce. However, the cost averages out to $16 per week and I get a bag of super-fresh, ultra-tasty, locally grown, organic produce every week. It’s a great deal and oh-so-healthy!

  63. Susan June 24th, 2009

    I love dogs and cats. I make unique beds for them by using and old wool sweater and one long sleeved shirt. Stuff the old shirt with fiber fill. (Purchase the fiber fill at the Salvation Army, Value Village etc.) Sew the neck of both the shirt and the sweater closed. Insert the stuffed shirt inside the sweater, circle the arms around and sew them down. I call this a Hug Me Pet Bed. Animals love wool and it keeps them warm in the winter and cool in the summer.

  64. RachelW June 24th, 2009

    I recently left my well-paying job that I hated for a lower-paying job that I adore, so saving pennies has become essential. We’ve stripped our bills to the bare minimum and do all of the usual frugal things, but the one thing that has been a saving grace has been my own personal form of bartering. I do some graphic design work on the side and have recently been able to swap designing a farmers’ market poster for a summer of free, organic veggies, and a flyer for a local restaurant for a free ‘date night’ dinner for me and my husband. Next up: convincing my salon that they need a new brochure in exchange for free haircuts!

  65. cindy June 24th, 2009

    I like to make one purchase of a foaming soap dispenser (hand soap or dish soap), then purchase the larger size regular liquid soap refills — thin them out 1 part soap to 4 parts water to refill the foaming dispenser with — you get 4 times the refills out of one large bottle. Plus the kids think its fun to wash their hands with the foam, and it takes less water to rinse off the foamy soap than the thicker liquid soap.

    We also use g-diapers with cloth inserts to save money on diapers (with two in diapers, that’s a lot of disposables I’m not buying, or putting into the landfills).

  66. Joe Ingersoll June 24th, 2009

    My tip is to use coupon/discount codes when shopping online.

    I typically do a lot of shopping online, especially around the holidays. A quick online search for coupon codes is well worth a few minutes of your time.

    Recently, I purchased an anti virus software package for my wife’s business. The package retailed for $99 and I paid $59 after the discount code was applied. Not bad for a little extra effort.

  67. Catgurl June 24th, 2009

    Well, I have to give three tips that have worked great for me.

    1) The library. We have gotten great books and awesome dvds from them. We have not rented any dvds for 10 years now. Our library gets all the main hot movies and we just put holds on them and be patient to watch the movies later. Major moolah was saved in rental fees. Also it allows us to preview books that we may buy if we really like.

    2) Entertainment Book. We like to go out for dinner sometimes and the coupons are great, it is like getting one meal free. Also, there are attractions, grocery stores and other services that you can get discounts on. For our recent trip to Montreal, I paid $14.00 for the book since half a year is gone, but we saved at least $300 on meals, attractions, hotels and car rental!

    3) Recycling your usable stuff. I discovered this website, “www.freecycle.org” You can list your items that are still usable but not able to sell and also find products that you can get for free! I already got a music stand for free and it was still in excellent condition. I would have had to pay $35 plus taxes for it retail.

    Those are my tips!

  68. Gina June 24th, 2009

    Change

    Saving money for me wasn’t about the little things – it was a sea change. I had to look at money in a different way – not as something to accumulate more and more of – but as something to learn to live without. And it had to be fun. So the thriftiness became a game. Not abut deprivation – but about living life fully, without spending cash.

    Here are just a few of the life lessons I learned along the way.

    Love is free.
    Thirty phone calls to Mom and Dad a month cost the same as one.
    Kisses are free.
    Movies from the library are better than going to the movies, unless you have a lot of people in your house who cough, crunch candy, and talk during the show.
    Borrowing books from the library is free.
    Cooking is creative and fun and delicious.
    Scratching a kitty’s chin is free.
    Hanging out with my daughter is free.
    Watching the breeze cascade through the trees is free.
    Naps are free.
    Daydreams are free.
    Long walks are free.

    And what I finally realized was that I had everything I needed to be happy – without having lots of stuff. Stuff doesn’t make me happy. And the less stuff I have, the less stuff I have to take care of, so it costs me less. And when I have less stuff I have more – room, time, space, air.

    So my mission is ongoing – have less to live more. It’s a very joyful journey.

  69. Nola June 24th, 2009

    My best tip for saving money is Don’t Shop. I live in a small town. We have no malls or big box stores. I never go to a store to “see what’s new” or browse. I wear my (provided) work uniform rather than my own business clothes to work although, as manager, I can choose. I have been a library devotee since childhood. And I thought it was a rule that you had to buy your groceries with a list from the fliers. Who knew?

  70. Theresa June 24th, 2009

    Be “green” to save some green.

    It can cost a bit more up front, but eventually it will pay for itself and start saving you money.

    1. Bike or walk to work, to the store, wherever you can.
    2. Use CFLs.
    3. Use your programmable thermostat.
    4. Start composting.
    5. Return your bottles at the redemption centre.
    6. Bring your reusable grocery bag instead of paying 5 cents for a plastic bag.
    7. When replacing appliances, buy Energy Star.
    8. Grow your own fruits/veggies.

  71. Angel June 24th, 2009

    I would LOVE the book…

    Favorite way to save money = Don’t SPEND IT! :-)

  72. marci June 24th, 2009

    Get paid for exercising :) Get up off the seat of your pants and learn to do-for-yourself as much as possible, and get in that exercise at the same time. From painting my own house inside and out, to sewing grandkids gifts out of rummage sale dollar a bag material. Growing a great garden with saved seeds and self-harvesting clams, fish, mushrooms, and edible forages – and exercise in the process. Use the library to learn how to do new things, such as fix that plumbing leak, set up cement forms for the patio pour, set mini glass tiles on the bathroom counter, put grandkids handprints on tiles to put up as your kitchen backsplash – all learned from the library. Scrounge garage sales and the local dump/transfer station/ or recycling center for great buys and free finds… figure out a way to reuse what you find instead of buying new. Paint your old clunker truck yourself. Learn to saw firewood, split it and stack it, for almost free firewood and a very very low electric bill ($under $50 even in winter) Exercise your brain as well – learn to can, freeze, dehydrate foods, and use what you have available and like it, instead of dreaming of high cost fancy foods. It’s all about making do with what you have and no spending a penny in the process. Mostly, get out of debt and stay there – no interest saves bundles and bundles of $$.

  73. Robert M June 24th, 2009

    Love your site.

    My tip is for people paying off auto loans. Lets say you’re paying $200 at the end of each month for your loan. You can payoff your car quicker if you were to pay $50 a week instead by paying less interest. Be sure first if there’s no problems with the bank when doing this, but in most cases it should be fine.

  74. Nora June 24th, 2009

    Once my CPP and EI deductions on my paycheque have been maxed out, each pay results in a little bit extra money for me. I take that money and set up an automatic transfer on the day that I get paid into my RRSP account for the amount that I would have paid in CPP and EI. This way I am increasing my RRSP contributions to reach my annual goal by increasing the amount I “pay myself first”.

  75. Katie June 24th, 2009

    My favorite tip I learned from my grandparents. When they were first married, they had a difficult time budgeting so they made little pouches for each monthly expense and kept them together on a ring. Each month they would put enough money in each bag to cover the expenses. I do this now with recurring cash purchases (gasoline, groceries, dining out) and it has really helped me reign in my spending.

  76. Darryl June 24th, 2009

    New to your blog but love that you’re a local organic farmer…do you supply any of the local sellers? SPUD perhaps?

    Anyway, my money saving tip – slow down. Driving at speeds higher than 90km/hr will dramatically increase your fuel usage (going 120 in a 100 zone uses 20% more fuel). Flooring it off of the red light/stop sign is also a bad idea. A European study has shown that by making fast starts you might shave 4% off of your trip time, but your fuel consumption increases by 37%! For a full size car that works out to more than $200 per year.

  77. Andrea June 24th, 2009

    Hi!

    My money saving tip is this:
    everytime I have some change in my purse, I put it in an old piggy bank. At the end of the month it’s a pretty little fortune, so I change that dimes to a paper money and save it in a favorite book untill I have enough money to buy me something I want (new book, something for crafts etc…)

  78. One Frugal Girl June 25th, 2009

    Spend money up front on quality pots and pans, knives and cooking classes if necessary. Although you’ll initially spend a decent chunk of change there is nothing better than learning to cook and eat at home each night. You’ll be discouraged to cook if your pans are rusty, your food sticks and your knives don’t cut properly. If you don’t know how to cook splurge on cooking classes at a local community college or other location. A lot of small kitchen shops offer classes various nights of the month. Since my husband and I bought new items for our kitchen we stopped eating out almost entirely. Now we enjoy the evening by cooking and experimenting with new recipes in the kitchen.

  79. RS June 25th, 2009

    Would love to get a copy of the book.

    My tips:
    1. Pre-paid cell phone. Since we only use a cell phone for emergencies/necessities, switching from a plan to a pre-paid option brought our cell phone expenses down signficantly, plus no service fee.

    2. Use a reel mower – Cheaper than a gas/electric mower, no need for gas/fumes/long electric cord; Good for your health, and good for the environment. I’ve been using one for over 4 years, and love it.

  80. Renée June 25th, 2009

    Don’t buy hot drinks. No Starbucks, no Tim’s. It adds up too quickly.

  81. CarolMM June 25th, 2009

    I find food to be the one thing that I can consistently save money on. My best money saving tip uses several frugal methods.

    1. I have an Airmiles Card and a sponsored credit card which I use for most purchases. (Balance is paid in FULL every month)

    2. I redeem my Airmiles for a $20 gift certificate for A&P.

    3. Rather than waiting for sales on boneless, skinless chicken breast, I buy whole chickens. If I manage to get a 2 for 1 sale, I can snag 4 chickens with my $20 gift certificate, give or take a few dollars.

    4. I can roast the chicken whole and carve it into 4 portions.

    Or with more time,

    5. I remove the skin from the chicken and then carefully remove the meat from the bones. One chicken will yeild 2 breasts, 2 thighs, 2 drumsticks, 2 wings and a lot of chicken pieces for stir-frys or fajitas.

    6. Then, I boil the bones for soup stock.

    It takes me about an hour to skin and bone a whole chicken, but I have several different meals ready in the freezer for a busy night.

  82. Sara June 25th, 2009

    That’ a great idea… share advices through a challenge!

    I usually try making stuff on my own: I do jewelry, t-shirts, purses.
    DIY is obviously helpful if you want to save money.
    But my best advice is: learn to understand what you need, buy it and then love it.
    That is: buy only a thing that you really need and once it’s yours take care of it, so it can last long.

  83. Kerry June 25th, 2009

    You guys are amazing! I love reading through each and every one of your ideas. I’m going to ask Carl to help me pick two winners since your “money saving ways” are exceptional and add lots of value. Please do keep the entries coming! There’s lots of time left until the deadline. :)

  84. Kathryn June 25th, 2009

    I already follow you on twitter so here is my best money saving tip.

    Don’t pay bank fees! There are many alternative banks out there (PC Financial being one) who don’t charge bank fees. Fees can add up to hundreds of dollars a year for every account. Talk to your bank to see if they will remove the fees. If not, change banks. Vote with your feet!

  85. Michael McKim June 25th, 2009

    Hi Fox! Here’s my money-saving tip:

    Buy a coffee machine.

    Before I bought mine, I was spending an average of $3.00 per day on coffee at either Starbucks or Tim Hortons. That works out to $90.00/month and a ridiculous $1080.00/year. Yikes!

    Once I figured this out, I was absolutely shocked.

    I bought a coffee maker for about $50.00. I set the timer at night and when I wake up in the morning, I have nice, hot coffee that costs a fraction of the price.

    Now, my only costs are coffee grounds ($5/month) and cream ($8/month) for a grand total of $156/year. That works out to savings of $924/year. This is money that now goes into savings and student loan payments.

    To reiterate, buy a coffee machine!

  86. Karlyn June 25th, 2009

    Before you go shopping, write a list.
    Then.. stick to it. I save every time. Impulse shopping is a killer.
    Thanks,
    Karlyn

  87. J.Shinn June 25th, 2009

    One of the most expensive things in our lives is food! So here is my tip:

    Shop at ONE grocery store near you only and shop there regularly. Makes trips there at least 2 to 3 times a week if not 4 or 5 times. This allows you to get acquainted with their sales pattern and avoid chasing the same manufacturer sales across town at different stores (which purposely occur at separate times). I personally shop at a Publix 5 seconds from my house and use coupons to purchase sale items ONLY. Buy one get one sales, percentage sales, ad sales; any sale! The real key is to prepare meals on paper (breakfast, lunch and dinner with snacks as well) for the week so that you do not buy everything you need in one trip. One day you will buy meats and breads, the other day you will get the fruits and veggies. The whole store is not on sale each day so why buy a little of everything on one day? I save now about $750 per month doing this!

  88. Robin June 25th, 2009

    First, thanks for the great resume series.

    My money saving tip is simple. Stop reading and watching all the advertising. It is designed to part you from your money, and create needs you don’t have or solve problems you don’t have.

  89. Kim D June 25th, 2009

    Become an eBay and Craigslist gymnast. I’ve sold hundreds of dollars in goods I no longer needed on eBay. Any time I need tickets to a venue (e.g. ski resorts, attractions such as the aquarium, etc.), my first stop is Craigslist. You’ll save 30-50% off face value. Just make sure tickets are transferable.

  90. AMQ June 25th, 2009

    My student money saving (generating?) tip:

    Become a mystery shopper. It’s fun, quirky, different, uncommon and unheard of, so the opportunities are vast. Do it with a friend anytime when you go the mall or shop, while developing knowledge of how human marketing and communication affects shoppers. Who knows, this will even help you stop or change your mindset about impulse buying! Believe it or not, there is a online agency which, to my surprise, had so many job offers available in my small Canadian town!.

  91. Michelle June 26th, 2009

    My frugal tip is to use the library. I’m a cookbook fanatic, but now I borrow books before I go out and buy them. I save tons of money, and end up with the books I know that I will absolutely use.

  92. SilverEggplant June 26th, 2009

    Great idea Fox! I think it’s really great of everyone to share their tips with others- I think the best money saving tip I’ve learned is to continually share and exchange information with others. I always learn new tips about the art of frugality from friends, family, reading websites, and even talking to random strangers. I’ve also gotten great deals and saved money just from talking to people in my neighbourhood and asking for their advice and recommendations.
    I also read your book so I would have to recommend reading your book as the next best money saving tip! (how’s that for brown nosing ;))

  93. Lorna June 26th, 2009

    My money saving tip is to research any significant purchase and buy quality. I grew up in a very frugal household, but I’ve realized since leaving my parents home that they often put too much emphasis on price. It is worth it to buy a good quality product once than to buy the same thing over again.

  94. Sagan June 26th, 2009

    Exciting! Pick me, pick me!

    My best tip has to do with grocery shopping: I regularly shop at three grocery stores because they each have their own best prices for different kinds of food. One store is 5 minutes walk away; the other two are both a 25-minute walk away, but in opposite directions. By walking to all of these stores, I’m saving tons of money in a number of ways: I’m saving money from shopping the sales and getting the best prices from THREE different stores, I’m saving money from transportation costs AND cutting back on environmental and health costs by walking, I’m saving money on therapy by walking because walking helps me to de-stress, I’m saving money from going to the gym because all that walking and carrying heavy grocery bags is a workout in itself, and I’m saving money on the costs of making plastic bags because I reuse my own cloth bags. In addition to all of that, I’m saving on time and mental stress because these expeditions of grocery trips mean that I’ve got to plan in advance what I need and what I’ll be making for the week, causing me a lot less headaches every day when I’m trying to figure out what to buy.

    …I really enjoy grocery shopping :)

    PS I would LOVE to do a book review if I won this book!

  95. JamsWife June 26th, 2009

    My money saving tip is price matching! Both Zellers and Walmart will price match to any other advertized sale. I go through all the flyers, find the deals I want to take advantage of, and then just go to ONE store instead of drive to 2 or 3 stores. Saves a lot of money and time!

  96. Patricia June 27th, 2009

    In the mid 80′s after my father’s death we decided to approach my mother about combining our households as she could no longer keep up with expenses on the house. To that end we first purchased half ownership of the house.Then later the second half. Mother held the mortgage.Note that we paid fair market value and that we saw a lawyer and had a formal mortgage drawn up. We saved many dollars because we split the costs of insurance, utilities etc. For mother it provided her with additional income to travel etc. As she aged it saved the costs of elder care for her as well as we provided that. As time went by she reduced the interest on the principle to zero for which we are ever grateful. In essence because mother was a frugal person the mortgage we paid was ‘paying ourselves ‘. Other benefits were that she had sufficient money to pay for quality care in a retirement home and then a nursing home when she could no longer be cared for at home. Our daughters got to really know Grandma and have very fond memories of her.

  97. Alan @ Saving For Serenity June 27th, 2009

    My money saving tip?

    Don’t get a girlfriend.

  98. Timmy June 29th, 2009

    I don’t rent DVDs, instead I get them from my local public library. You don’t get to see all the latest and greatest releases, but think of the money one saves by not renting them at $5 or $6 a pop! Plus the catalogue of my library is on line and I can place holds over the interweb. I’m able to manage them and make sure that I have 4 or 5 movies to watch each week! So I’m saving about $20 a week by not renting any DVDs.

  99. Brandon June 30th, 2009

    So what were the 2 best pieces of advice?

  100. Kerry June 30th, 2009

    @Brandon This is the million dollar question! I’m still reading through all these awesome comments and I’m trying my best to pick JUST TWO! Got any favorites. ;)

  101. Brandon June 30th, 2009

    I like Theresa’s “BE GREEN” and Nora’s “EI Savings Strategy”. I don’t mind mine either, but I’m a bit biased on that front.

  102. maxmelia July 5th, 2009

    Bartering is one best way to save money. We have been doing it forever.:)

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