We all would like to know how to save more money and improve our balance sheet and hopefully one day reach financial freedom. As always we would love to help you get there and today we have partnered up with Life Insurance Finder to help one lucky winner add $500 to their bank account and get closer to financial freedom! Entering is simple and you can get as many as 10 entries! All you have to do is share your best money saving tip in the comments, for more options see below.
To get things going I’ll start with my Top 5 Money Saving Tips!
1.) Cut cable. We haven’t had cable for over 3 years! I really don’t see why people still want cable. Most networks allow you to watch shows online at your convenience, with only 1 to 2 commercials. There are also other alternatives such as Netflix and Hulu. Savings: About $500/year.
2.) Search for discount codes online. Anytime I make an online purchase I make sure I search for a discount/promo code. I can’t tell you how many times I have found codes to save 10%-50% on my purchases. Just type “discount code for _____” and 80% of time you will will find something. Or just search sites like RetailMeNot for discounts. Savings: About $200/year.
3.) Use cash back credit card. We have been using a cash back credit card for the past 4 years and almost every year we get back about $500-$600. Sure there are some dangers with using credit cards, but if you are disciplined enough maximizing credit card rewards can add a few hundred a year to your bank account. Savings: About $500/year.
4.) Use eBay. eBay has been a great money saver for me. It took me sometime to get used to it and it saved me a few hundred dollars last year. My most recent purchase was a case for my iPad. I paid $35 for a case that retailed $60 in the mall. Savings: About $200/year.
5.) Get rid of landline. I haven’t had a landline since 2007. Although there maybe a few reasons to keep your landline, most of us can do without it. Savings: $400/year.
Just these 5 simple things save us around $1800/year…good enough for a week vacation!
Now your turn!
Entering is simple and you can get as many as 10 entries! You don’t have to do them all, but the more you do the better your chances. Ok here we go:
1) Tell us your best money saving tips for 2012 (1 entry).
“I just entered to win $500 with @lifeinsurancef and @moneyhighway, enter here: http://ow.ly/aORVe“
3.) Like Financial Highway on Facebook and share this contest. (2 entries).
4.) BLOG about this Giveaway! Post your best money saving tips for 2012 on your site – either in text, or in pictures and then make sure to mention you’re trying to win “the $500 Financial Highway giveaway, sponsored by Life Insurance Finder – the easiest place to compare life insurance quotes. (5 entries)
Simple! Contest is open to anyone. You’ll need a Paypal account to receive the money. You will have 3 weeks till Thursday May 31st to enter and the winner will be announced on June 1st, we’ll pick a lucky winner via Random.org.