The Daily Tightwad Tutor–Lesson #7: Stash Your Dollar Bills
This is sort of a new thing I’m doing, but it is classic idea for many frugal people. Whenever I see a dollar bill (in my husband’s wallet, in mine, etc.), I grab and stash it in an envelope in a drawer (that no one but myself knows about…critical point so no one else dips into it…). It’s a simple, quick way to save some petty cash. It’s kind of a surprise to find out how much you have even after a month! That’s what happened to us–I grabbed our envelope as we headed out to an amusement park. We had plenty of cash for the day and I didn’t have to go to the ATM.
BTW, I know some people do this with $5 bills. I wish, I wish, but I’m happy to do it with dollar bills!
The Daily Tightwad Tutor–Lesson 4: Always Check Grocery Discount Bins
It’s typically hit or miss, but never pass by a discount bin in your grocery store–especially the health and beauty bin. You never know what you’ll find! Typically, it’ll be discontinued items. And, you can use coupons with the item. For example, just by chance last week I spotted three bottles of L’Oreal shampoo in a discount bin at ShopRite. They were going for $1.30 each (retail is about $3.99-$4.99 but varies with coupons). I happened to have .25 cent coupons, doubled to .50 cents. So, I got three bottles of L’Oreal shampoo for a total of $2.40 (my daughter loves this brand so it was worth it).
Thanks to our faithfully frugal reader and friend, Wendy, who sends in great quick money-saving ideas and who wrote a guest blog Clean Out the Closets: It Can Be Lucrative, I am going to start “The Daily Tightwad Tutor.” (You may remember I used to do the “Bargain Alert of the Day” but the price of gas skyrocketed which put a damper on my time-consuming trips round town to seek out unadvertised deals.)
Click and watch this now, a video from Yahoo’s Remake America. It’s actually a very well-edited short video on why you should use cash versus plastic! Hint: If you use cash, this video says you will save 20% every time you shop (that’s $1 out of $5 that you keep in your pocket). (Access the video here.)