animated carThe single greatest way to reduce transportation costs.

We all need to drive. Well, most of us do. I know that in order to get to work I need a vehicle. This does not mean I need a luxury sports car or a big SUV. My ego doesn’t need to be enlarged nor does my bank account need to be reduced. There is a difference between buying a car for travel and buying a car for status. Your finances can be impacted a great deal depending on why you bought your vehicle.



I will save you the time of reading the entire article to find out the single greatest way to reduce your transportation costs, so here it is: Downsize. I know you may be a little disappointed to hear that this is the big tip but I like simple, and simple usually saves you money. Consider the following example:

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money under mouseQuick Phone / Internet / Cable Saving Tips

Are You Sure This Is The Best Deal? – In general, when I’m spending some time to work through my budget and making sure I’m doing my best to manage my money, I make a little time to go over my phone bill. It includes Internet and cell phones (I’ve completely cut out cable). Do not be afraid to get on the phone with your phone company. Check with your provider for promotions. Ask your provider if they have any new plans that could save you money on long distance, or basic service packages. Don’t be afraid to shop around and let your provider know about any deals their competitor is offering you. Because we made this call, we saved 10% a month just by bundling our three services. That’s $20 a month. Here are three quick tips.

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light bulbDon’t Let Your Electric Bill Zap Your Budget

In the previous post on household saving tips I wrote about conserving water. This post will focus on your electric bill. We’ll go over some personal finance basics regarding on of your larger utility bills. Hydro bills are especially high in the summer, with air conditioners raging. If you’re in the north and have baseboard heaters, you’ll find that hydro bills skyrocket in the winter as well. Here’s three tips to help reduce your hydro bill.

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