Advertisement
savings

Ways to Stop Wasting Money

You'll keep more cash if you follow our advice.

Car insurance that costs too much, bank account fees, home-energy wasters or mutual funds with high expense ratios. Each of those leaks in isolation won't damage your finances, but all of the drips can quickly add up to big bucks—maybe even thousands of dollars a year—going down the drain.

We identify typical leaks and show you how to fix them so you can keep more money in your pocket.

1: Hunt for Discounts

Sites like retailmetnot.com, promocodes.com and joinhoney.com can scour the internet for promo codes and discounts. Honey also searches Amazon.com for the lowest price. But don't just assume Amazon has the best deal. Check out walmart.com as well.

2: Avoid Shipping Fees

Bradsdeals.com will help you find 50 stores—including big names like Coach, Microsoft, Neiman Marcus, and Ray Ban—that always offer free shipping with no minimum purchase.

Advertisement - Article continues below

Also, many big retailers will give you free shipping if your purchase is sent to a nearby store.

3: Buy an Older-Model Phone

When you're due for a phone upgrade, save $100 or more by skipping new, pricier models and going with their cheaper, almost-as-good predecessors. The iPhone 8 retails for $700, but a new iPhone 7 starts at $550. The Samsung Galaxy S8 sells for $725, but the Galaxy S7 costs $450.

4: Raise Your Homeowners Deductible

Raising your deductible from $250 to $500 or $1,000 can cut your premiums by 15% or more. It also makes you less likely to file small claims that could boost your premiums or lead to cancellation of your policy.

For many more money-saving tips, see 28 Ways to Stop Wasting Money

Advertisement
Advertisement

Most Popular

Social Security Recipients, Veterans Must Act Now to Get Extra $500 Stimulus Check
Coronavirus and Your Money

Social Security Recipients, Veterans Must Act Now to Get Extra $500 Stimulus Check

The deadline for seniors and veterans to request an additional $500 stimulus check for a dependent child is approaching fast. See how you can claim yo…
September 25, 2020
Trump Promises $200 Prescription Drug Card for Seniors
Medicare

Trump Promises $200 Prescription Drug Card for Seniors

Medicare beneficiaries will soon receive a debit card in the mail that they can use to pay for prescription drugs.
September 25, 2020
Election 2020: Joe Biden's Tax Plans
taxes

Election 2020: Joe Biden's Tax Plans

With the economy in trouble, tax policy takes on added importance in the 2020 presidential election. So, let's take a look at what Joe Biden has said …
September 18, 2020

Recommended

When Is Amazon Prime Day 2020?
spending

When Is Amazon Prime Day 2020?

Circumstances beyond its control have forced Amazon to move its annual Christmas-in-July Amazon Prime Day blowout sale in 2020 to ... later. Prime Da…
September 28, 2020
High-Tech Aids for Aging in Place
Caregiving

High-Tech Aids for Aging in Place

Apple Watch and other technology provides fast feedback, comfort for older users, and a powerful assist for caregivers.
September 23, 2020
18 Things You Should Know Before Shopping at Trader Joe's
Smart Buying

18 Things You Should Know Before Shopping at Trader Joe's

Everything you need to know to save money and shop smarter at the quirky Trader Joe's supermarket chain.
September 4, 2020
A Guide to Streaming Services
Smart Buying

A Guide to Streaming Services

Competition is growing. That’s giving you more choices—and a chance to save money.
August 27, 2020