Coupons

Image via Wikipedia

Did someone say coupons? If you are like me then you would rather have fingernails scrape the chalkboard.  Nothing is worse than combing through the Sunday paper for 10 minutes searching for coupons of items you actually use.  Coupons have evolved….grocery stores send out email/newsletters that state discounts or come with printable coupons.  Websites, blogs even on facebook you can find some buys or at least the mention of some deals.  The facts are that if you use coupons you can save on average 11.5% from your bill.  With the typical family’s grocery bill is about $4000 a year that would be a savings of $460.  “Professional” coupon clippers can get anywhere from 20 to 30% off of the bill. Not a bad return on your time. Remember that coupons are not limited to food only. Airport parking, golf, zoos, movies, flights, clothes, and more….

Save money while fixing your car

Image via Wikipedia

Yes you can do this...A good mechanic will not only fix your car but will help you save money.  Most of the time if your mechanic can diagnose the problem and send you shopping for the parts you can save 10 to 50% on the parts.  Alternators and fuel pumps among other parts can be recondition and bought for a fraction of the cost.  

Get this I once had a "multi-function turn signal switch" go bad in my car.  Replacement cost for a new one $300 plus labor.  My mechanic suggested that I call the local salvage yard, so I did and found one for $50, but I had to buy the entire steering column.  After consulting with my mechanic quickly he said that would be no problem. In the end I had a bill for $195 which I gladly settled with cash for $175. By the way, if anyone is interested I have a steering wheel I have one for sale……

Save Money With Health Ins????

Health Insurance….yeah I said it. The past year this term can fuel plenty of debate. The fact remains that we all need it and if you have it whether it through your employer or individually understanding and reviewing your policy regularly will help you save money.  If you need to adjust your budget quickly raising your deductible can help.  However you must understand what goes with a high deductible plan.  Many of you have heard of and HSA.  HSA’s are beginning if not already replaced the “traditional” health plan.  HSA’s will raise deductibles to 5,000 or 10,000 thereby lowering your monthly premium.  You should however fund the SA part (Savings Account) of your HSA on a regular basis. You also can simple use other savings you will have on health related expense, keeping receipts because this money can be tax deductible.  Once you meet your deductible generally 100% of your care is covered.  Worse case you are out 10,000 with and HSA….No health insurance your guess is as good as mine.  If you have a traditional coverage you can expect to pay 2 to 3 times more each month on the premiums compared to and HSA.  So check it out and understand what you have.