5 More Ways to Save Money Right Now

As promised in my previous money-saving tips post, here are some more. Not everyone can do all of them, but we can all do some of them. Today. Right now.

1. Use a Clothesline

If your electricity bill is too high, do yourself a favor and stop using your clothes dryer so dang much. This isn’t always feasible at certain times of the year or in certain parts of the country, but when possible, use a clothesline instead. Hang your stuff out on the back porch, in the yard or even in your bathroom. You will save more than a few cents which, when combined with all the other cents you’re saving following my tips, will add up to whole dollars pretty quickly.


2. Beware of Energy Vampires

Another way to keep engery bills in check is to unplug appliances when not in use. Toasters, toaster ovens, coffee makers, fans, etc. Turn off power strips when you leave your house or apartment for an extended period of time as well. All of these things are energy vampires—they drain electricity out of outlets and cash out of your piggy bank. Cell phone chargers are energy vampires too so unplug them when they’re sitting idle.

3. Kick the Microwave Habit

Microwaves use up a lot of juice. Instead of nuking your frozen items, thaw them out on the counter, in your sink or in the fridge overnight. They’ll take less time to heat up on a stove top or in the oven. Humans survived for thousands and thousands of years without microwaves, you can too.


4. Kick Bad Habits

There are plenty of reasons to quit smoking, drinking and gambling. Saving money is right up there with concerns about mental and physical wellbeing. Moderation in all things is advised. Get some professional help if you aren’t able to stop or cut back. If you smoke or spend a lot of time at the bar, I don’t need to tell you how much of your hard-earned cash is going to support these habits. And drugs? Forget about it. I’m not trying to be your parent here, I’m speaking to you as your financial advisor.

5. Carpool and Ride Share

Ride your bike to work, ride the train (or bus), but if those aren’t options then carpool with a coworker. Share those rides and share the cost. Rotate who drives, make a schedule and cut down on costs as you shrink your carbon footprint in the process.

Read even more Money Saving Tips

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