New program aims to help Delawareans save smarter.
aarp delaware, finance February 3rd, 2008From AARP DELAWARE NEWS March 15 2007
Here are five quick savings tips from First State Saves that you can start today.
- Save your loose change. Putting aside fifty cents a day over the course of a year will allow you to save nearly 40 percent of a $500 emergency fund.
- Substitute coffee for expensive coffee drinks. The $2 a day you could well save by buying a coffee rather than a cappucino or latte would allow you, over the course of a year, to completely fund a $500 emergency fund.
- Ask your physician to consider prescribing generic drugs. Generic drugs can cost several hundred dollars less to purchase annually than brand-name drugs.
- Shop around for gas. Comparing prices at different stations and using the lowest octane (recommended by the car owner’s manual) can save you hundreds of dollars a year.
- Borrow books rather than purchasing them. Borrowing books and reading magazines at your local library, rather than purchasing reading material, can save you hundreds of dollars a year.
February 3rd, 2008 at 10:29 am
Great tips. With regard to books, if you’re in a technical field, such as computers or medicine, that is constantly changing, reading new material is essential to stay current. Books used to be a very big part of my household budget. In addition to utilizing the library or book swapping, the information now available on the Internet can replace the need to buy a book and save you tons very quickly. While there are must-have books for your bookshelf, Amazon has geat prices on used.