This Cheapskate had some good ideas on how to save money.
1. Don't have a cell phone. Lucky Chris' work pays for his Blackberry otherwise he'd be like me: cell phone less.
2. Get rid of a car. I guess the average American household has 2 1/2 cars. This would be nearly impossible for us. We need our 2nd vehicle. Besides we don't have car payments and insurance is reasonable. Gas is another story.
3. Give up meals outside of the home. He said that "40 percent of the average American family household food budget is spent on meals prepared outside the home."
Wow!! I was wondering about this exact topic because we eat maybe once or twice a month out of the home (minus Chris' lunch but those are mostly expensed) and I've been wondering what other people do. My goal is to spend not more than $150 every two weeks on groceries but I'm averaging $180 right now. It's pretty slim pickings towards the end of the two weeks but I can be creative towards that time if I put my mind to it.
4. Don't buy new clothes. If you looked at us you'd say....they need some new clothes. We actually NEED to go do this ASAP. We don't spend anywhere near as much as this article is saying people spend. It says $1800 per family!! I'm thinking per year. Geesh, what would that be like???
5. Let your college kids live at home while they go to school. He made a good point...that these kids accrue a lot of debt and then what happens after graduation??? They move back home.
So there you have it. These aren't ideas too surprising or anything you haven't thought of before.
I would add:
1. Unplug, unplug, and unplug that is things that don't need to be plugged into outlets.
2. Turn your furnace down a setting or two. This has saved us quite a bit on our gas bill in the past. It's back up to the highest setting for us but if you can turn it down and still have enough hot water for your needs, I say leave it down.
3. Turn it off. The computer doesn't have to be on all the time, same with the lights, radio, t.v. lamps, blah, blah, blah.
What are your cheapskate idea?