Comments on: How to Save Money Every Month

By: Jenny

Jenny — Sun, 20 May 2012 03:36:30 +0000

That’s definitely an idea I need to do. When i see an ad on the paper, i feel like I need it, so now I don’t even bother looking at it.

By: Debbie F.

Debbie F. — Tue, 14 Feb 2012 19:40:25 +0000

Installing a timer on your hot water heater.
http://www.energysavers.gov/your_home/water_heating/index.cfm/mytopic=13110

By: Debbie F.

Debbie F. — Tue, 14 Feb 2012 19:39:12 +0000

I will be calling in an electrician to hook me up with a timer for my ELECTRIC hot water heater. I just bought a house and I’m not staying there…yet, so I shut off the hot water heater from the breaker while I am not there.

Have you thought of that?? I think that’s better than installing one of those tankless hot water heaters. When you use a tankless, you’re wasting water until the hot water FINALLY reaches your faucet.

=o)

By: Ron

Ron — Tue, 14 Feb 2012 19:27:57 +0000

I suggest that you take another look at dialing down the water heater to 112 degrees.
Per energysavers.gov states, “While there is a very slight risk of promoting legionellae bacteria when hot water tanks are maintained at 120 degrees, this level is still considered safe for the majority of the population.”
http://www.energysavers.gov/your_home/water_heating/index.cfm/mytopic=13090
I opted for 120 degrees.

By: Debbie F.

Debbie F. — Fri, 03 Feb 2012 15:16:01 +0000

Aisha,

Termination fee vs. monthly cell phone charges?? Chica…it’s cheaper to terminate and get hit once vs. getting hit monthly!!

By: Aisha

Aisha — Fri, 03 Feb 2012 15:00:53 +0000

Yes I agree!! Having a landline these days is MUCH cheaper than the smart phone plans. Paying for the “smart” phone plan is paying double for the same features. Why am I paying for internet on a phone when I’m at a computer all day long at work? AND pay for internet at home.

I’m coming to the realization of how much I could be saving, but is it worth paying the termination fees? Its a good “long run” decision, but I dont have the “short term” cash…

By: LJ

LJ — Sat, 28 Jan 2012 03:55:40 +0000

If you get paid once a month, why not divide up your take-home pay and proceed as if you were being paid twice a month? (Be your own paymaster, in other words.) Divide your net pay in half. Put half into savings and LEAVE IT ALONE until the 2nd half of the month. Act as if it were not even there. Let me try to illustrate: Say you get paid on the 1st of the month and your take-home pay that month is $3,000. Put $1500 in checking, $1500 in savings. Pay half of your bills on the 1st out of the $1500 in checking. Whatever is left is spending money. On the 16th of the month, move the 2nd $1500 to checking, pay the other half of your bills, and whatever is left is spending money. I don’t know how tight your finances are right now, but you should be trying to put something — ANYTHING — into a 2nd savings account out of each paycheck, and this savings account you don’t touch. You might even consider using a different bank for it so you get used to it being inaccessible. It’s really savings! If you have to start out putting $10 out of each $1500 into this savings, OK, do it! But try to increase it as you can; they say “pay yourself first” which means savings. I hope this helps.

By: percy

percy — Sun, 01 Jan 2012 18:07:20 +0000

You have an income problem not a budgeting problem my friend. You just need to make more money.

By: CJ

CJ — Sat, 24 Dec 2011 22:20:44 +0000

I totally agree. I’m glad I now have a land line. I think wireless providers charge way too much for phone service today, especially if you get the “smart” phone package.

~ CJ, Low Insurance

By: Wise One

Wise One — Fri, 23 Dec 2011 15:58:45 +0000

That is dumb. All water is recycled. It’s called evaporation and precipitation. The amount of water on earth never decreases. Wash your car at home, using a moderate amount of water and detergent. You will use much less of both than a carwash. And washing a car is good, free exercise.