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RICH'S LIFE HACKS: Saving Money

LIFE HACKS

SAVING MONEY .. 

IN A RECESSION

CARRY CASH

Research shows that if you pay in cash rather than with a credit card, you’ll spend less. Take this tip one step further and only carry large bills like $50s or $100s, which are hard to break — it’ll keep you from making impulse purchases.

SKIP THE SHOPPING CART

When you run into the grocery store to “pick up a few items,” carry them in your arms instead of using a cart or shopping basket. By forcing yourself to hold your purchases, you’ll be less likely to buy things you didn’t intend to buy and don’t truly need.

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POUR KOOL AID IN YOUR TOILET:

Pour a package of dark-colored Kool-Aid, like grape or strawberry, in the tank of your toilet and don’t flush it for an hour. Then, check your toilet bowl. If the water changes color, you know you have a slow leak that’s wasting water — and money. Fortunately, you can usually fix these leaks easily and cheaply.

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