Ways to save

Yahoo! Finance often has interesting articles dealing with a variety of personal finance topics. Today I came across this article that gives six ways to help you save around $8,000 a year. Here is the list:

1. Strategic Shopping
2. Skip Starbucks
3. Upgrade Your Appliances
4. Go Generic
5. Pay an Extra $1 On Your Credit Cards
6. Sitter Sharing

Obviously, some of these won’t apply, but for those looking for some motivation this might give you exactly what you need to get on the road to spending less than you make. The one I like the best is #5. Just adding a little bit extra each month to the debt payment will speed up the process of you paying off the debt and that is a guaranteed long-term way to save money.

• There is Life After Debt
• Financial Goals for 2009 (part 2)
• Looking for a tip on tipping?
• How to avoid investment fraud
• Young American’s Guide to Avoiding Debt

• Getting Rich While Paying Debt Off
• Seven Ways to Ruin Your Financial Future
• Baseball Cards
• Dave Ramsey Baby Steps Defined
• Planning your Purchases Far, Far in Advance