Money Saving Tips

  • At Work
    • Pack a Lunch - Take the money you save by packing a lunch and invest it. Say you spend $5 a day for lunch. That adds up to about $1300 per year. If you invest it at 10% that becomes $1430 a year. That adds up after 25 years!
    • Join company offered 401K plan - Invest in your employer's 401K plan. Have your money deduted pretax and watch your retirement savings grow. Many employers also provide company matching dollars for employees that participate in the plan. That's money for free.
  • At Home
    • Check your home's insulating system - Proper insulation can reduce your heating and cooling needs by up to 30%
    • Update your Windows - Leaky windows account for 10% to 25% of your heating bill.
    • Lanscape your yard - Not only will it make your yard attractive, but could save up to 25% of energy needed for heating and cooling.
    • For more information go to: http://www.eren.doe.gov/consumerinfo/energy_savers/
  • More Tips - Check out 66 Ways to Save Money from the Consumer Literacy Consortium