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Show#10 Millionaire or Bust – Money Saving Tips, Part 1

August 11th, 2006 · podcasts

Topic of the Week

This show is the first of a two part series we like to call our “Summer Money Savings Extravaganza.” We’ll be featuring five money saving tips and five of Talli’s Tightwad Tips. So, stay subscribed to the podcast and save some money…


Money Saving Tips
Money Saving Tip of the Week
1.Extinguish those pilot lights now that warm weather is here. We were paying about $5 per pilot light per month to keep them going. We have two. This has saved us over $10/month. Gas logs also have a pilot light. Make sure you do it properly. Follow instructions. If you don’t know how to do it properly, have someone who does, do it for you.

2.When vacationing, fill a cooler with lunch meats, bread and assorted snacks and eat those instead of eating at a restaurant. If you eat dinner out share a meal and drink water, often the meals are too big for one person anyway. You’ll keep your budget under control and eat healthier than if you had eaten out all three meals.

3.If you do want to buy magazines, get a subscription, don’t pay newsstand prices. Or read them for less or even for free online.

4.If hairdressing prices are gnawing a hole in the budget, go to a beauty school or a vo-tech school. You can get lower prices if students do your hair.

5.Turn down your thermostat at night and when you are at work during the colder months and turn it up at night and when you are at work during the hotter months to minimize the unnecessary use of A/C.

Talli’s Tightwad Tip of the Week
1.Turn off the water while you brush your teeth. You’ll save some money on the water.

2.Not all fun activities have to cost money. Go to the park for entertainment. Go hiking, go biking or take a walk, especially somewhere scenic. You’ll enjoy it more than you expect.

3.Close your blinds. During the day it will keep the house cooler, and at night it will keep the house warmer.

4.Shop at outlets. Shop garage sales and thrift stores. Don’t pay full price and you’ll be able to afford what you want, while still saving some of your money. Remember though, that doesn’t give you permission to buy more. The savings are for your future, not presents for yourself…

5.Drive fewer miles. Walk or bicycle whenever possible. If you can’t walk or bicycle, practice trip chaining. Do several errands at once rather than doing them all separately.

Next Week
Next week will be like this week. It’s our summer money savings extravaganza. For those of you who are parents, we’re saving you money to prepare for back to school, which is coming up quickly. Since we’ve accumulated more money saving tips than we can cram into normal shows, Talli and I are going to bring you 10 more money saving tips next week. Don’t worry though if you like the old format, we’ll be getting back to it. If you have any feedback on the old or new formats though, please contact us by email at info@millionaireorbust.com. We can’t improve the show if you don’t let us know what you do and don’t like.

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2 responses so far ↓

  • 1 Chris // Aug 11, 2006 at 7:21 am

    As always good one….I never thought of point#2 from davids tips..that is good!!!! I sure will try this time.

    thanks guys

  • 2 Maria Isabel // Aug 27, 2006 at 10:57 pm

    Dear David,
    I realy liked the information on how to be careful with websites that ask for personal information. I have known of someone who almost got into it. You are right it is always better not to believe in quick ways to get money.
    I also liked the “epinions.com” website to check on prices. Thanks.

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