Saving Money

Who thinks about saving money while enjoying a morning shower? That's exactly what a post at Microfrugality.com on "Low Flow Showerheads: A 640 Percent ROI in One Year" points out. This article highlights a good product that can save you money and really does offer a 640% return, based on a family of four.

A recent post at Generation X Finance's blog, "Start Making Year End Tax Moves Now and Save Big Money" highlights the biggest tax credits or issues that most people should already be aware of but may need a reminder. The first-time homebuyer tax credit, new car purchase deduction, charitable gift deductions, adjusting your tax withholding and unemployment benefits taxes or 401K contributions are things that many people do think about before the end of the year.

The Five Cent Nickel's Saving and Spending During the Holiday Season encourages a step away from consumerism and getting back to a good old-fashioned Christmas with homemade gifts or limited gift exchanges. Because many consumers have gotten into credit card debt buying gifts for exchanges during the Christmas season, it may be time for those that don't have the cash to back out of participating or limiting their participation.

7 Tips for Streamlining Your Shopping List found at wisebread.com uses little tips to help you from overspending in the store. Things like using a spreadsheet might seem foreign for a shopping list, but they can help you buy only the things you need from particular stores. Writing something down as soon as you run out helps you stick with your list and know you are getting what you came after.

When teaching your children about money, use common sense rules that most people know, but don't always practice. Basic thoughts, like "Money is neither good nor evil, Money is not a goal, Money will not make you happy, and Don't be jealous of other people's money" are sayings you have probably heard before.