dcsimg The Get Rich Slowly Forums • View topic - easy trick I do to save money

  GRS Home  Forum Home
Bank Rates Center
   Savings Account Rates
   Money Market Rates
   Highest CD Rates
Insurance Rates Center
  Auto           Health
   Life              Home
Mortgage Rates Center
  Mortgage Rates
  Mortgage Quotes

Last visit was:
A place for Get Rich Slowly readers to ask questions
and exchange ideas
It is currently Sat Dec 20, 2014 9:32 am




Post new topic Reply to topic  [ 32 posts ]  Go to page 1, 2, 3  Next
Author Message
 Post subject: easy trick I do to save money
PostPosted: Thu Aug 21, 2008 7:20 am 

Joined: Wed Aug 20, 2008 2:47 pm
Posts: 11
Location: Austin TX
I don't go to restaurants and fast food establishments often. When I do go, I usually get an offer to call in and do a survey to rate my experience eating there. Ex: I ate at Red Lobster last month. I got "picked" to call in and do a survey about the food, experience, etc. It took about 5 minutes and they give you a code for $4 off the next time you go. Hey, $4 is $4! Most restaurants do this nowadays. Also, fast food places sometimes do it also.

Another thing: I enrolled in Bank of America's "Keep The Change" - it's a great way to get free money just by using your debit card. Most people I know are really skeptical about this program but I absolutely LOVE IT.


Top
Offline Profile   
 Post subject:
PostPosted: Thu Aug 21, 2008 8:45 am 

Joined: Sun Aug 03, 2008 7:24 pm
Posts: 104
Location: Texas
you know that keep the change program isn't 'free money' it's YOUR money just moved over


Top
Offline Profile   
 Post subject:
PostPosted: Thu Aug 21, 2008 9:58 am 

Joined: Wed Aug 20, 2008 2:47 pm
Posts: 11
Location: Austin TX
Yeah but they do an annual match...

From their website:

"Every time you buy something with a BofA Visa debit card, the bank rounds up your purchase to the nearest dollar and transfers the difference from your checking into your savings account. It also matches 100% of transfers for the first three months, and 5% of the annual total, up to $250 a year."


Top
Offline Profile   
 Post subject:
PostPosted: Thu Aug 21, 2008 10:24 am 

Joined: Sun Aug 03, 2008 7:24 pm
Posts: 104
Location: Texas
yep, just wanted to make sure that you understood that they charge the money out of your checking account for each transaction you do...ie your purchase is $2.05 but BoA actaully charges you $3.00 for the transaction and deposits the difference. also to get the max you have to have $5000 in 'round-up' for the year. you'd get more out of your money buy just depositing $1 per day in an ING savings. but yeah, as long as it is getting you to put money into savings, it's not all bad.


Top
Offline Profile   
 Post subject:
PostPosted: Thu Aug 21, 2008 10:38 am 

Joined: Wed Aug 20, 2008 2:47 pm
Posts: 11
Location: Austin TX
hmmm that's not a bad idea. maybe i should open an ING account altogether. i've got $1500 in my b of a savings acct. just sitting there.


Top
Offline Profile   
 Post subject:
PostPosted: Thu Aug 21, 2008 12:46 pm 
Site Admin
User avatar

Joined: Wed Apr 04, 2007 7:46 pm
Posts: 1627
Location: Washington DC
At worst, its a 5% return on savings, I think. Not too shabby

_________________
C.R.E.A.M
Government Economist
CoffeeCents - PF lessons in 15 minutes
Czar of GRS Forums.


Top
Offline Profile E-mail   
 Post subject:
PostPosted: Thu Aug 21, 2008 3:29 pm 

Joined: Fri Aug 31, 2007 7:48 am
Posts: 286
Yeah, there really is no downside to this aside from the fact that it is hard to track exactly how much you spend on things.


Top
Offline Profile   
 Post subject: tips to save money on gas
PostPosted: Mon Aug 25, 2008 8:24 pm 

Joined: Mon Aug 25, 2008 8:04 pm
Posts: 2
Location: upstate SC
I have a long commute, 125 miles a day so I found a guy to ride with me that works at a place I go past everyday, we split the gas.
I also use acetone in my gas 2oz for every 10 gallons and get another 3mpg on average, also use real gas not the 10%enthenol blend, you get better gas mileage with 100% gas and a good grade.
Change to a lighter oil. Keep off the throttle as much as possible and use the the bump and glide techniques when you can, ie. speed up gradually and then coast some.
Raise the air pressure in your tires to 5psi less than the maximum rating, it lowers rolling resistance and increases mileage.
If you are going to idle more than 30 seconds shut the engine off, do not use the drive thru, walk in.
Turn the a/c compressor off for 2 minutes out of every 5, leave the fan running of course.
Engine off coasting is very effective but you must be in the right driving situation no stop and go, I do it going down long hills and slowing down for stop lights.
Using all of these methods I have raised my mpg by 10 points!
The biggest savings at the gas station is do not buy anything but gas, stay out of the store. I keep some bottled water from walmart in the car.
Get all the junk out of the trunk, every 100 lbs cost you 3% in fuel economy.
Combine trips with neighbors, it saves gas and time, plus you can make friends
Make a list of stuff to do and plan your trips, takes time and makes you think about the things you really need to do, instead of driving around just for fun.
Get a habit of cleaning or replacing your spark plugs and air filter often.


Top
Offline Profile   
 Post subject: Re: easy trick I do to save money
PostPosted: Thu Aug 28, 2008 10:14 am 

Joined: Fri Nov 02, 2007 9:38 am
Posts: 280
untgirl77 wrote:
I don't go to restaurants and fast food establishments often. When I do go, I usually get an offer to call in and do a survey to rate my experience eating there. Ex: I ate at Red Lobster last month. I got "picked" to call in and do a survey about the food, experience, etc. It took about 5 minutes and they give you a code for $4 off the next time you go. Hey, $4 is $4! Most restaurants do this nowadays. Also, fast food places sometimes do it also.

Another thing: I enrolled in Bank of America's "Keep The Change" - it's a great way to get free money just by using your debit card. Most people I know are really skeptical about this program but I absolutely LOVE IT.


Many stores are now offering a similar deal regarding customer service surveys.

I save money by not using Bank of America. Their fees are high. Instead, I use a local bank with low fees, and just deposit the extra money myself.


Top
Offline Profile   
 Post subject:
PostPosted: Thu Aug 28, 2008 11:22 am 

Joined: Fri Aug 31, 2007 7:48 am
Posts: 286
My girlfriend uses Bank of America, but she pays no fees... I don't pay fees either, even low ones. Why would you have to pay a bank to bank with them?


Top
Offline Profile   
 Post subject:
PostPosted: Thu Aug 28, 2008 2:04 pm 

Joined: Sun Aug 03, 2008 7:24 pm
Posts: 104
Location: Texas
BoA is notorious for 'service charge' fees. Although I do understand they have gotten better over the last few years. I quit using them about 6 years ago because of various extra charges.


Top
Offline Profile   
 Post subject:
PostPosted: Sat Oct 18, 2008 5:15 pm 
User avatar

Joined: Sat Oct 18, 2008 5:05 pm
Posts: 42
I don't get it why people don't use credit cards. Here's a benefit list from them.

- don't pay transaction fees
- a lot of card have some kind of reward points
- only pay at the end of the month (you NEED to pay everything off. if you can't that means you bought something you can't afford.)
- no need for pin
- on your bill, you see where you spent more (mine is mostly gas and groceries)

_________________
My blog Money Sharp
My blog Ha Ha Daily
I like driving fast


Top
Offline Profile   
 Post subject:
PostPosted: Thu Oct 23, 2008 7:10 am 
User avatar

Joined: Thu Jul 03, 2008 7:22 am
Posts: 82
Location: Grand Rapids, MI
Keep the change: I'm a member of the program, but I think there are better offerings out there.

Credit Card Buying: Agreed, there are good reward programs, but it's hard to rely on a credit card for people who spent a lot of time trying NOT to use them because of built up debt. Spend only what you actually have. Granted, this is a point of personal responsibility to not go overboard and pay it off monthly.

My Tip: Use PayPal debit card, transfer your "Spending Money" in there. Using it as a MasterCard (spending your actual money) instantly rewards you with 1.5% on all purchases.

Tip #2: Use whatever works for YOU. Just find a way to save.


Top
Offline Profile E-mail   
 Post subject:
PostPosted: Thu Oct 23, 2008 7:02 pm 

Joined: Sun Jun 10, 2007 3:19 pm
Posts: 620
MaskedMarvel wrote:
I don't get it why people don't use credit cards. Here's a benefit list from them.

- don't pay transaction fees
- a lot of card have some kind of reward points
- only pay at the end of the month (you NEED to pay everything off. if you can't that means you bought something you can't afford.)
- no need for pin
- on your bill, you see where you spent more (mine is mostly gas and groceries)


They eat your brain, that's why.

Not everyone has tasty brains, but many do.


Top
Offline Profile   
 Post subject:
PostPosted: Thu Oct 23, 2008 7:05 pm 
Site Admin
User avatar

Joined: Thu Mar 29, 2007 4:58 pm
Posts: 948
Location: Portland, Oregon
MMMMMMM....brains......


:evil:


Top
Offline Profile E-mail   
Display posts from previous:  Sort by  
Post new topic Reply to topic  [ 32 posts ]  Moderators: kombat, bpgui, JerichoHill Go to page 1, 2, 3  Next


Who is online

Users browsing this forum: No registered users and 4 guests


You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot post attachments in this forum

Search for:
Jump to:  
Powered by phpBB © 2000, 2002, 2005, 2007 phpBB Group
Theme created StylerBB.net & kodeki