Sunday, January 31, 2010

Tips 27, 28, 29, and 30

More tips from "365 Ways to Live Cheap".

27. Invest in a Deep Freezer. This will allow you to buy food in bulk and possibly save money. You can save approximately 15 percent on food bill without major increase in the electric bill.

28. Start an automatic appliance replacement fund. This is a really good idea since we just had to go through replacing the air conditioner, hot water heater, and heater. Thankfully we had just refinanced the house to lower our interest rate and had some extra money in our savings account. It cost us over $5,000 to replace all of them, but hopefully it will be worth it since we are now more energy efficient.

This takes us to a new chapter. The next few tips will be about saving money on automobiles.

29. Focus on reliability and fuel efficiency. Do your research before buying a new or used car. Check out Consumer Reports and CarSoup.com. Check to find the most reliable cars. Know your numbers before you talk to a sales rep. This will help you better negotiate the final price of the vehicle.

30. When you finally purchase that vehicle, make sure you read the owners manual. This can save you a lot of money and time. Make sure you buy the gas that the vehicle requires. Notice that most newer cars require on 87 gasoline. Anything more can cause damage to the engine. Also, most cars only require an oil change after 5,000 to 8,000 miles. Getting the oil changed earlier only wastes money and time.

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