How are you saving money in these tough times?

Question

I am looking for unique and different answers. I don't want to hear how you clip coupons. thanks

Answer 1

Canada Savings Bonds (even though the rate sucks, but it's better than sitting in the bank), and GICs

Answer 2

use as little gas as possible, buy things only if i need them and they are on sale, buy fruits and vegetables only if they are in season, having a low house payment and car payment, and having low insurance rates.

Answer 3

Put money in CDs, mutual funds, and conservative investments, also recycle soda cans for money.  

Answer 4

pay yourself first if your not able to save anything your nothing, but a slave. Money really has no real value. Make sure your stock up on food for your family and hard concrete assets you can see to have something to sell when times get tight, but sell it for as much as you can. When you do. Never settle for less or you will loose your ability to provide for your family.

Answer 5

Whoa Whoa Whoa Whoa! You can't just say "Uh oh tough times" and then start walking everwhere to save gas money! You have to understand WHY we're in tough times and then invest accordingly. Don't try and save money! All you're doing is losing your money at a lower rate!

So here's what's up. With the fed's inflation and lowering intrest rates we're not exactly playing to the strenghs of our infrastructure and credit based economy (not that inflation ever works).

What we've been doing for a while now is printing dollars out of thin air. Printing random dollars that are equal to counterfeit's value, but the global market still accepts it as if it does have value. Sounds like a nice little scam, huh?

Well we've been taking advantage of this system by printing these useless dollars and exporting to foreign countries to buy all our stuff. That way we don't have to build factories that have to be tax, regulated, and maintenance. Then we can sell the stuff for even more dollars.

But the world is catching on to the scam and inflation rates are climbing as the central bank trys to pay for the government problems, bail out banks, and pump money into the economy.

So the dollar value is dropping. Your dollar is buying less stuff so prices are rising and soon we won't be able to buy all our stuff anymore with this weak dollar and we don't have enough factories in the country to start producing our own stuff. A flawed system!.. in a nutshell (lots more to it, but you get the jist).

So what you should be doing is investing into countries who's assets aren't haven't this problem or commodities which has real value. These things value will go up as the dollar drops.

And rest assured, this is the only way to "save" your money and assets because this dollar bubble is going to pop and push this country into a horrible times- forget tough.

Europac.net

You can research more into investing in foreign stock there and start an account and actually start investing. Might as well take a look. Either make money or lose it from this crippling system.

Good luck

Answer 6

first off, i think that if people have a dollar, they dont care as much as they used to. one of my coworkers friends saved every coin and extar dollar bill they saw for a year and ended up with $800!! but if your looking for fast money, you can always try a garage sale, to sell everything you dont need. also, my neighbor, whenever she goes to walgreens to pick something up, she ends up getting her kids a candy bar or toy. of course they almost never play with the toy, and dont need the extra sugar. so when your shopping, remember to only get what you absolutly need! another thing, when your shopping and looking for something like a tank top, the ones at target are less than half they price as ambercrombie and hollister.

good luck and never give up!!

<333

Answer 7

Recycling, Buying the things that I NEED, not the things that I WANT ( those things will always be there, if not newer things come out )

Answer 8

I make a lot of the gifts I give and shop sales all through the year for Christmas and other gifts.  I never pay full retail and actually take the money I save (like on groceries) and put it into my savings account.  This one I just learned a couple months ago from Robin Miller on HGTV, morphing meals.  It really saves money to use the main ingredients from one meal's recipe in a couple of other meals later in the week.  Like I'll roast a chicken and have it with veggies, make an alfredo sauce with another veggie later in the week, then use what is left for chicken stew or soup.  I don't make partial payments on big bills like insurance because they charge a "convenience payment fee" saves me a couple of hundred dollars a year which I also put into my savings.  I also never run the dishwasher or washing machine unless I have full loads because partial loads take just as much electricity and water as a full one and I want my money's worth.I buy in bulk so I pay less  per unit cost.  I grow my own veggies, citrus and herbs.  When I have over production, I give it to my neighbors who in return give me what they over produce and we all save.