41. Lower Your Interest Rates – Call your bank and/or credit card company to negotiate a better interest rate on your loan or outstanding debt. This can save you hundreds in interest payments. Debt Goal has a new calculator that will show you your projected savings from lowering your rates.
42. Don’t Pay for Your Credit Report – Instead, visit AnnualCreditReport.com and get your truly free credit report. Get your credit score from the source at MyFICO.com
43. Kill the Energy Vampire – Connect all of your appliances to surge protectors and shut the switch off when you are finished using them. Most of today’s appliances constantly use electricity when plugged in to the outlet.
44. Cut the Cable TV – Removing unnecessary or extra expenses like this is one of the easiest ways to save money. Move all your TV watching to online services like Hulu.com. It’s free and has fewer commercials.
45. Pay Yourself First – Put money in your saving account every paycheck. Make it the first thing you do and then pay all bill with your remaining funds.
46. Cancel Your Home Phone Line – Not using your home phone as much? Consider going to your cell phone for most of your calls. Install Skype on your computer for making computer to computer calls or cheap long distance calls. Video is better than voice anyway.
47. Work Out and Exercise at Home – Skip the monthly gym membership and start working out at home or in your neighborhood. Run or walk around the block. Rent workout DVDs from the library to do at home in front of your own TV.
48. Fuel Efficient Auto – If you travel a great deal during the week, consider a high fuel efficient vehicle to save on rising gas prices.
49. Read the Fine Print – Do a thorough review of all your monthly bills. Study the fine print to see exactly what you are being charged for. Cut out any charges for services you aren’t using.
50. The Savings Trade-Off - Think about saving money in terms of trade-offs – save money here, spend it there. If you’re planning on a vacation this year, keep that in mind as you are looking to save money elsewhere. It’ll give you a sense of accomplishment as you save more towards a particular goal and will motivate you to be more creative.
51. Bring Lunch for Errands – Even if you don’t have a day job, when running errands in town, pack a lunch instead of eating out. This is a healthier alternative that saves you time and money while watching your waistline.
52. Do-it-Yourself Home Repair and Improvement – Most basic home repairs you can do yourself if you take some time to study the manual or look online for video tutorials. And basic improvements, like painting can easily be done cheaper if you use your own labor.
53. Stretch Your Coffee Beans – Use half of your used coffee beans in the next batch. Repeat this cycle and you’ll only use half the recommended scoop each time. Some coffee drinkers swear by this method. See more coffee related tips in my ultimate guide to saving money on coffee.
54. Go on a Spend-Free Splurge – Commit to a week without spending new money. Make it a goal to only spend money for the week that you earn from selling old stuff or making returns.
55. Separate Your Savings - Set up a separate bank account with a bank other than your main bank. Deposit extra money in the account whenever possible. This will create a nice barrier between you and your savings. Of all of the ways to save money this is probably my favorite.
56. Start a Dinner Club – If you miss the social element of dining with friends, start having each other over to your houses and cook for each other. Similarly to eating at home, you can save money by making your own meals instead of buying pre-prepared meals. – Money Smarts Blog
57. Talk Yourself Out of It – Install a dialog in your head that uses the following questions: “Do I NEED this, or do I just WANT this? If I think I need it, do I have others like it, or will it fulfill a need I can’t meet without it? If I WANT it,will I really enjoy it and appreciate it, or is it just going to make its way to the back of the closet, the bottom of the toolbox, or the one-more-thing-to-dust category?”
58. Go Cash Only – Avoid using credit cards for a while. Spend only on things you can already afford with cash, or with your debit card. Find a good reward debit card to help you save even more.
59. Throw Out the “Deals” – Stop looking at deals and sales unless you are really in need of something. This means cancel all the catalog subscriptions and trowing out the junk mail when it arrives.
60. Invest with a Low Cost Broker – Stop using an expensive broker that charges you an arm and a leg each time you trade. Use one of the best online stock brokers to do your investment trading.