Savings Tips from Our Readers

Some of the best, and most innovative, tips we get come from you the reader. That’s why for your weekly dose of motivation to Kick Start Your Savings we are sharing your tips. Whether it’s from our American Saver newsletter, on our Facebook page, or on our Twitter page, you are always willing to share your tips to help each other out. Keep it up! Together we can start small to save big.

Tips from American Saver

Every payday I would get a roll of quarters ($10) and put it in a jar at home. Now it’s a roll of dollars ($25) every payday to put in a jar that I don’t touch. Every other month, I deposit the rolled coins into a side account that is outside of town. That way I’m less tempted to touch it. - Linda Jones, Virginia

I buy all of the clothes for my children during the off-season. While most are gearing up for school shopping (fall and winter clothes), I will be shopping for summer clothes for 2012. I will be picking up bathing suits, shorts, t-shirts and dresses at about a 75% markdown. All of their school clothes for 2011 were bought last year (off-season) and neatly stored in their closets to be brought out this September. With coupons and rewards points, I have found complete outfits that cost less than $2. It can be challenging because I have to estimate future sizes, but so far I have been quite successful. My kids are only 4 and 7, so latest styles are not important to them. Beware; this method may not work with teens! -Betsy Moore, Nashua, New Hampshire

Before going shopping at a chain store, check with an online gift card reseller, where you can buy gift cards at a discount. I’ve used these in the past to buy wedding gifts. Combine the gift card with a coupon or discount code and you can save even more. - Marcia Turner, Penfield, New York

I recycle. My county has a program where homeowners can get discounts on their trash bill for recycling. Check with your county to see if you can save money by recycling. That way you can be green and save money too. - Nicolle Blackmon, Philadelphia, Pennsylvania

See if your auto insurance provider has a “pay as you go” plan. You can save up to 30% with many large insurers if you drive less than 15,000 miles a year. - Claudia Sotelo, Pel Air, Maryland

Send your savings tips to: Katie Bryan

If we select your tip for publication, we will send you a check for $25 (the initial purchase price of a $50 EE Savings Bond) and an application for a $50 EE Savings Bond. We recommend purchasing a savings bond at a local bank or credit union. Please include your name, address, and phone number so we can contact you if we choose your tip.

From Facebook and Twitter

Money Saved is ____________ (Fill in the blank).

Peace of Mind – Education Cents

Money Earned! – Shafeeq Ahmed

A means of ensuring that future goals are met – Susan Todd

Stress relief and freedom – Mainstream Mom

Financial Freedom – Denise Teixeira Aguiar

A promise for a future - @FthfulFin