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Show#11 Millionaire or Bust – Money Saving Tips, Part 2

August 18th, 2006 · podcasts

Topic of the Week
This show is the second 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.Avoid bars and clubs if you’re just going to hang out with friends. Have house parties and buy drinks. It’s much cheaper. It can also be a lot more fun.

2.Don’t drink, don’t smoke. They cost money which need not be spent. You will also be healthier, which means lower health care costs for yourself. If you won’t (or can’t) quit, just drink or smoke less.

3.Cut down on your paper usage. Use rags instead of paper towels.

4.Use reusable cups, plates and utensils rather than disposable ones. Often you can find ones that are cheap enough that you can have enough for a party. Plus the utensils won’t break and you won’t cut through your plate. Then you can just load up the dishwasher. It’s not much more work…

5.Buy movie, amusement park, convention center or ski lift tickets at the local community college or grocery store.

Talli’s Tightwad Tip of the Week
1.Don’t go to full-price movies. If movies are part of your life, downscale to matinées or the second-run theaters.

2.Be careful buying items at big bulk warehouse stores. The items are often more expensive than they would be at conventional stores when they are on sale. You’re better off stocking up on them during sales and replenishing whenever you see a sale.

3.Turn off lights and anything electrical behind you, you’d be surprised how much that can save you, especially when it comes to televisions.

4.Fresh parsley and some other herbs keeps longer if set in a cup of water in the refrigerator. Mushrooms keep over a week if transferred into a paper bag. So, store your food properly, cut down waste and reduce your food bills.

5.Buy clothes at the end of the season so that you can buy them at their lowest price during a closeout sale.

Next Week
We hope you enjoyed our two part summer money savings extravaganza. Next week we’ll be returning to the old format. 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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5 responses so far ↓

  • 1 Maria Isabel // Aug 19, 2006 at 9:22 pm

    I enjoyed this show. It is interesting how you can learn new things everyday.
    I will recommend this show to my cousins in California, in the Azores, in Portugal, and in Canada.
    Keep it up. You are both doing a good job!

  • 2 Joel // Aug 22, 2006 at 3:11 pm

    I just found this site today & I have listened to all 11 episodes. I think that it’s pretty neat! Some things I can certainly look at implementing right away, some I have to live without…. I kinda like part of the new format & I like some of the old format as well.

    Keep up the great work!

  • 3 Cesar Fernandez // Sep 14, 2006 at 7:29 pm

    I truly enjoy your podcasts and your web site with it’s links. Great job and keep up the good work. Thank you.

    CF

  • 4 Sanjay // Sep 15, 2006 at 8:40 pm

    I was not sure about the tip about warehouse stores. Do you mean to say in general store like costco or BJs tend to be more expensive in items like soaps or shaving creams than say target or walmart.

  • 5 David // Sep 20, 2006 at 2:41 pm

    What we were trying to say Sanjay is that often you’re not getting as great a deal at warehouse stores as many people believe. You can often get similar items at similar or better prices if you wait for sales at regular stores, especially if you have coupons.

    On top of that, you can buy smaller quantities which can be especially good with foods. You don’t want to have to over eat in order to prevent food from going bad and sometimes you just don’t have enough space for their quantities, especially if you live in an apartment. Better to buy what you need rather than wasting. If you get it for half price, but throw away half of it, how much did you save?

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