A Penny Saved

Dated: 02/12/2019

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The start of the year is a great time to review your finances. Some common-sense tips and some not-so-obvious suggestions offer many ways to save a penny around the house.

As the past year flew by you may have added cell phone plans, changed cable or internet providers, or signed up for free trials (that turned automatically into subscriptions!) It’s wise to spend some time to look at your bills and inspect them for ways to save money. You can call your services to see if there are any free or promotional offerings that they are currently having, or if you can remove any services that you are no longer using. Common bills to find savings are on cable tv, cell phone, internet, home phone, and any other online services that you may have.

Time home purchases to get the cheapest prices. For instance, think furniture in January/February, winter coats in March, barbeques and gas grills in the fall, and holiday décor after Christmas.

Even if you prefer to read the paper on your phone or watch the news, get a Sunday paper delivery. The Sunday papers are full of coupons and the amount of savings gained on using coupons would far exceed the amount of money spent on the paper. When you start seeing a coupon as cash, you’ll think twice when you clip $5, $10 or $20 out of the paper.

Keeping your pantry organized means you’re far less likely to buy things you don’t need or let them go passed their expiration dates. “Shopping” out of your pantry first, before going to the grocery store, will often mean that there is a good chance that you’ll get the most savings by first clearing out your current pantry or cabinets.

Keep a jar to collect loose change. At the end of the day you can empty out your pockets and put all the loose change inside, and every couple of months take it to the Coinstar machine at the grocery store and use it for groceries. Remember to check junk drawers, couch cushions, and your car’s center consul, too!

You can get some good-enough-for-every-day and still nicer than paper all-cotton napkins for a couple of dollars each or maybe less. Since they’re cotton, not linen, just wash, dry, and fold. No ironing required, and it will save a bunch on replenishing your paper napkin supply.

Before you purchase anything online, check out sites like RetailMeNot and Froogle, to check for promo codes, free shipping, and where to find the item you’re looking for with the cheapest price. Also try out RetailMeNot’s RxSaver. With it you can search for your prescription on the Rx website or app. Prices vary by pharmacy, and the app will compare those prices for you to find the most savings and get a free coupon for your Rx prescription.

Help to keep your energy costs lower by closing your closet doors. This way, you’re not needlessly heating and cooling closet space.

When you pay your bills online you not only save on the stamp and the envelope to send a payment in, you also receive many email reminders and the ability to pay online. This convenience will help to avoid missing a bill and having to pay a late charge.

Whether saving for a big purchase, like a new home, or simply to add a little more money to the end of the month (instead of constantly having “too much month at the end of the money”), the winter weather and time spent indoors with a review of your bank statement and your spending habits will pay you back in spades.

Melissa Rolland is a Real Estate Salesperson and Realtor®, Accredited Home Stager, and author of the book Straight from the Kitchen Table: Every Day Real Estate. She lives in Tolland, CT along with her husband Todd, an Associate Broker and Realtor®. Together they manage the Rolland Realty Group powered by eXp Realty of CT, LLC. You can connect with them at www.RollandRealtyGroup.com or (866) 408-8059.“The statements and opinions contained in this article are solely those of the individual author and do not necessarily reflect the positions or opinions of EXP REALTY INTERNATIONAL, INC. or its subsidiaries or affiliates (the “Company”). The Company does not assume any responsibility for, nor does it warrant the accuracy, completeness or quality of the information provided.

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Melissa and Todd Rolland

Melissa Rolland is a real estate salesperson, accredited home stager and has been a real estate investor for over a decade, helping hundreds of homeowners buy houses, sell houses, and invest in real e....

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