Scrooge Strategy

Archives —
November, 2008

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58

Tip #7: Create a “No Spending” day once a week

This is tip #7 of the Save $1,000 in 30 Days Challenge.
Today’s tip is to set at least one day per week on your calendar when you don’t spend one dollar.

Do you think you could do it? Technically, even if you don’t open your wallet, you’re still spending money on things like rent/mortgage, car [...]

31

Recap of first 6 money-saving tips

I’m going on vacation for a few days, so starting tomorrow I’ll be interspersing your tips on saving money with my own.
Here are the tips I’ve covered so far:

Tip #1: Pack lunches for the rest of the week
Tip #2: Turn your thermostat down 3 degrees
Tip #3: Sell something on eBay today
Tip #4: Involve your friends [...]

121

Tip #6: Use gas prices to become your own hedge fund

This is Tip #6 of the Save $1,000 in 30 Days Challenge
Today is one of my favorite tips: To take the money you’re saving on gas and automatically hedge against any future increase in fuel prices.

The term “fuel hedging” refers to airline companies’ tendency to try to protect themselves by estimating the price of [...]

104

Tip #5: Optimize your cellphone bill

This is tip #5 of the Save $1,000 in 30 Days Challenge.
Today’s tip is to optimize your cellphone bill. Many of us (including me) pick a cellphone plan, then never check to see if it’s the right one for us based on our usage. Because the average cellphone bill is about $50, that’s $600 per [...]

49

Tip #4: Involve your friends in your savings challenge

This is tip #4 of the Save $1,000 in 30 Days Challenge.
Today’s tip is to involve your friends and family in your money saving. Without this, you’ll have a tough time achieving your goals. For more people, the reason they fail to save money is not a lack of money-saving ideas — it’s themselves and [...]

91

Tip #3: Sell something on eBay today

This is tip #3 from the 30 Day Challenge to Save $1,000.
Today’s tip is to sell something from your house on eBay. But surprisingly, it doesn’t really matter what you sell.

I’ve noticed lots of commenters saying how they’ve already cut down on lunches, heat, etc. So what can you do next? If you’re already being [...]

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using Ramit's advice?





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