Seven easy ways to save $100 a week

If you've been living on Easy Street for awhile, with few financial concerns until the recent downturns, then Famoosh Torabi's article, "7 Easy Ways to Save $100 a week" is well worth reading. I'll forward it along to my older son, who is just out of college and could be holding onto a lot more of his paycheck. He's pretty much heard it all before from me, but then he's somewhat "mother-deaf."

For the rest of us, not new to watching our dollars, I'd be interested to hear whether any of the seven ideas are new to you. Torabi's suggestions include limiting visits to the ATM, drinking at home instead of in restaurants or bars, self-manicures and pedicures, using the library.

Maybe I'm cranky today. I've been "cutting back" for a long time. So I don't agree when Torabi suggests that when using your debit card at whole Foods, you can get cash back without paying a fee. What's wrong with that suggestion? If you're trying to cut costs, you probably won't be doing a lot of your shopping at Whole Foods -- except perhaps for its store brand.

Better still, don't make a habit of using the ATM. It isn't just the fee issue. The ATM makes taking out more money too easy.

Torabi describes the library as, "a cheapskate's mecca," and estimates that you can save about $5 a week by using the library. Actually, if the library is a mecca, it's an intelligent person's mecca, full of enlightenment and entertainment. Especially if you have children, and as the cold weather arrives, you'll gain a lot more than $5 a week by hanging out regularly at the library.

Read the piece and decide for yourself about these seven ways to save $100 a week.
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