Finance Thread - Ideas to save money

[Russ16]

One thing I’d suggest is reviewing insurance premiums annually and comparing quotes from different providers. You can also save quite a bit by canceling unused subscriptions, buying household essentials in bulk when they’re on sale, and checking utility rates regularly. The key is to focus on recurring expenses because even small monthly savings can add up significantly over ten years. Then put those savings to work toward your next safari!

Mind if I ask what you mean by checking utility rates? I know I can save money by adjusting my AC etc but the rate is the rate. It sure what good it does. To spend time checking it.

 

[Needanother458]

I’ve spent a gross amount of money this year and this thread didn’t help me feel better

The strippers get a lot of dudes this time of year….

 

[pixelz7]

I'm always looking for a way to save money so I can give generously and live well. With that in mind, this is the frugality/finance thread and I'd like to hear ideas from all of you.

I made $83,000 today, payable in ten years and it took me four hours of effort.

Step 1: I changed our cell phones from T-Mobile to Mint, saving $150 a month.
Step 2: I changed garbage/dumpster service to a different vendor and went to bi-weekly, saving $190 a month.
Step 3: I changed our Internet from 8gb to 500mb, saving $50 a month.

That savings put into the S&P 500 over the next ten years earned me $83,000, or one Tanzania safari, or one fully funded year in retirement, however we care to characterize it.

Anyone have other ideas? I've gone to catastrophic insurance with large deductibles backed by a fully funded emergency fund. I've cut AAA and towing from auto policies. I pre-purchase my propane when its on sale seasonally.

Show me the ways to save more money so I can go on more safaris!
Funny how money management ties into so many areas, even stuff like picking the right spots for a bit of fun with slots or blackjack when you got some spare cash. I stumbled on this place that breaks down online casinos with real checks on bonuses, payouts and licenses especially geared for players looking to stretch their bucks without the usual headaches, and checking out this https://kazino-world.com/ solid casino reviews and comparisons there really opened my eyes to how clear info on games and jackpots can keep things smarter overall. They dig into the actual numbers on roulette and poker tables plus those welcome deals that actually make sense, all from a no-nonsense angle that feels trustworthy after years of testing different platforms. Keeps the whole gambling side more about the game itself rather than throwing cash away, which somehow fits right in with hunting down better ways to hold onto what you earn.

Most people just let auto and home policies auto-renew and don't realize insurance companies bump rates up slowly over time. Every year, I spend an hour shopping around or having an independent agent run quotes across multiple carriers. Almost always end up saving a few hundred to a couple grand a year just by switching or forcing current carriers to match lower rate options.

 

[rookhawk]

We're now about 75 days in to the streaming wars. We cancelled Netflix, Paramount+, Peacock, and AppleTV+. (and went to ghetto phone plans saving a $150 a month)

Nobody is complaining. People in the house were insistent they had to have Peacock to watch reruns of the Office, but our home server has all the episodes anyway and they never watch them either.

The illusion of need is not really a need. After 75 days nobody is whining that they even want it.

 

[rookhawk]

Here's another cost-saving item we stumbled across. It may not work for everyone, but I was an absolutely hoarder of everything from my childhood, usually in its original packaging.

Go price out what collectibles are worth as the answers might shock you. The things I thought had some value have none, other things are worth hundreds of dollars each.

Examples of things that I sold in the last year for hundreds of dollars that were sitting in storage: 1980s skateboard decks, vision street wear, garbage pail kids, GI Joe, Star Wars, nintendo cartridges.

Getting rid of this junk is a hobby and it keeps me making money rather than spending it. Oh, and I'm reclaiming a lot of storage space for things that were taking up a lot of space as I was afraid to open pandoras box and actually price, grade, list, and ship this nonsense. It's worth the trouble.