Homepage > Money
We're live tonight online during the AMA Awards, and we want you to join us for your thoughts and opinions on the winners and the fashions! Click here to join the LIVE conversation!
Project Economy

Project Economy: Save Money On Clothes, Electricity, Water, Movie Rentals

Check Our List Of Best Times To Buy Items

POSTED: 5:22 pm EDT May 8, 2009
UPDATED: 6:53 pm EDT May 8, 2009

Call 4 Action reporter Aaron Saykin has some simple ways to save at least $100 on bills.

Some of those tips will take some extra effort, while others can be done in a matter of seconds.

"I'm sure many people are not aware of how much money they can actually save," consumer advocate Mary Bach said.

Bach hangs onto coupons until she finds a store with the same item on sale. Then, she stockpiles the item. It cuts her monthly grocery tab by as much as 50 percent.

And at the mall, Bach always makes out like a bandit. The trick isn't so much where she shops, but when.

"This party dress that I bought for my granddaughter was originally price marked at $45 and I only paid $5.99," bach said.

Bach said she loads up on winter clothing in the spring -- when it's on clearance -- and buys summer clothing in the fall. Even a novice can save at least $25 on clothing expenses that way.

How about movie rentals? You can rent your favorites for free at the library. And if you don't like the selection, try a Redbox movie for $1 at your local supermarket. Potential monthly savings run about $15 if you rent like that.

The electric bill is another way to save. Unplug so-called "vampire" appliances instead of just turning them off, because many of them steadily consume small amounts of power to stay on standby.

"In modern electronics, there are all sorts of vampires around inside your house," said Carnegie Mellon University economist Lester Lave, adding that a plasma TV is the biggest offender.

By unplugging things that aren't in use, Lave thinks a family could save $10 a month.

The water bill is another way to save big -- maybe as much as $10 -- just by shutting off the faucet while brushing your teeth, doing only full loads of laundry and showering instead of taking a bath.

"None of these things are sort of deal-breakers, but they're all enough so that, if you're conscious about these things, you can lower your monthly bills by a fair amount," Lave said.

When you add up all of those steps, it's a total of $110 in monthly savings.

The coupon game is probably the most complicated. You have to shop at multiple stores where you can find the best sale price to combine with your coupon, and be willing to try different brands.

As for the mall, you can save on more than clothing. Bach assembled the following list of items and when they tend to go on sale.

JANUARY
Christmas Items
Small Appliances
Stoves
Books
China
Stereos
Wallets
Furs
Linens
Lingerie
Shoes
Water Heaters
Coats

FEBRUARY
Air Conditioners
Curtains
Furniture
Women's Sportswear
Toys
Glassware
Winter Clothing
Carpeting
Art Supplies
Lotions
Stationery
Sleds
Used Cars
Post-Valentine's Day Merchandise

MARCH
Infant Wear
Luggage
Ski Equipment
Outdoor Toys
Winter Clearance Items

APRIL
Ladies' Coats
Children's Shoes
Post-Easter Merchandise

MAY
Tires
TV Sets
Luggage Cleaning Products
Spring Clearance Merchandise

JUNE
Dresses
Fabrics
Window Screens
Typewriters

JULY
Air Conditioners
Children's Wear
Handbags
Lingerie
Men's Shirts
Summer Sporting Goods
Electronic Equipment
Men's Shoes
Sportswear
Refrigerators
Freezers

AUGUST
Bathing Suits
Garden/Patio Furniture
Bedding
Curtains
Drapes
Summer Clearance Items
Hardware
Linens
Tires
Coats
Fans
New Cars
Floor Coverings

SEPTEMBER
Children's Clothing
China
Batteries
Mufflers
Cooking Utensils
Canned/Frozen Foods
Garden Items
Housewares
Hardware
Glassware
School Supplies

OCTOBER
Fishing Equipment
Building Materials
Lumber
Boats
Summer Camp Merchandise

NOVEMBER
Post-Halloween Merchandise
Blankets
Used Cars
Turkeys
Water Heaters
Women's Coats and Suits
Post-Thanksgiving Merchandise

DECEMBER
Children's Wear
Hats
Quilts
Party Items


Related Links:
More County News

Get RSS | E-Mail Alerts


Links We Like

The first step in reducing debt is recognizing how much you have. Let us help you with the rest and get out from under your debt in 12 months. More

Get car insurance quotes from all the major carriers and save time an money in the process. Just enter your zip code and start saving today. More

Does your phone have bad reception or drop calls in your house? Then you need a Magic Jack. More

A degree from ITT Technical Institute can help you achieve your goals and get you started on the path towards a rewarding career. More

Shop Your Insurance

Save Up To 30% On Insurance
Paying too much for insurance? Get quotes from multiple companies and choose the best plan for you.
Start saving now!
Insurance Type:


Zip Code:


Sponsored Links