What are some ways to save money today? That is a question I often ask, especially on my days off. Today was such a day, so I devoted some time to applying Wiser Dollar strategies and asking what are some ways to save. As a result of attempting to apply such strategies, we were able to save over $280.00. So join me now as we walk through various strategies employed over the last 24 hours.
Yesterday evening I applied for a credit card that allows me to earn 2% cash back on all purchases. My current card pays 1% on a lot of what I buy, so I’m essentially doubling the money back. I will go into greater detail in future posts concerning how to use credit cards to make money. But there needs to be a warning with this post. If you carry credit card debt or have had difficulty with credit cards in the recent past then this strategy should not be applied.
Also yesterday evening my older son asked for new shoes. With no restraints in place, I could be purchasing him new shoes every two weeks. But it had been probably three months since I last purchased him shoes so I agreed with one restraint. I would pay up to $100. Now the purchase that ensued was not as frugal of a choice as I would have made. I seldom pay more than $60 for my shoes, but I thought it was an appropriate and even gracious amount. The shoes he purchased were over $160.00, so he had to pay the extra. Now I could have saved more, but by providing some imposed discipline my expense was at least $60 less than it could have been.
Today I called the office of a medical doctor who had recently performed tests on my younger son. The medical bill we received for the tests was about $732.00. We have a high deductible insurance plan, because of that the costs had been discounted, but 732 bucks is still a lot. I will go into more detail in future posts on how to negotiate savings, but because of a short phone call, the medical office decreased the bill by 30%. So instead of paying $732.00, we paid $512.00.
I went to Sam’s Club today to stock up on some items. While I am not comparing the costs on each item for the blog, I know the savings is significant over what the cost would be had I purchased all the items at a grocery store or specialty shop.
Also over the last 24 hours, I have consumed three meals. All of the meals were eaten at home and in this case all three consisted of left overs. I don’t know how to put a dollar figure on that, but savings can add up when instead of throwing away good food and eating out, we eat up what we already have.
Finally I needed to take care of some banking. So I drove to the bank intent on making a withdraw and picking up a free coke they provide. However, I forgot that it was a holiday with the bank being closed. So this strategy didn’t work so well. I had driven several miles for naught; but I’ll attempt to apply this strategy again tomorrow.
What money saving strategies have you applied recently? I’d like to hear.
- Related post: Free Food!
- Receive a free $10 Walmart or Target gift card when you make your first purchase through Ebates along with cash back bonuses at your favorite stores. Click here to sign up.
- Become a member at Sam’s Club for $45 and then receive great savings throughout the year. The Van Heusen shirt I wear today was purchased at Sam’s at about 60% off retail!
- Purchase discounted checks through Extra Value Checks. I recently purchased checks with them and received about 50% off what banks would typically charge!
- Shop Walmart’s online clearance site for huge savings on thousands of items, plus receive free shipping on orders over $50!
photo credit: Pictures of Money, Money via Flickr cc License – 10/8/15 with no changes