This year is all about saving money every day while trying to increase your income potential. If you did one thing each day that could save as little as $5 over the course of a year, you could have an extra $1800 in your pocket at the end of the year. Not all of these tips may apply to you, so to keep it fair, not all of them will apply to me.

This past year our apartment complex offered a special: if we extended our lease into 2011, they gave us a $200 rent credit. In Oregon, even if you are in a lease, the price to break it is one month’s rent, so we really lost nothing to take advantage of the free money.

When they offered a second credit for referring a friend to live in the complex, we started telling everyone we knew. The result was a $250 credit on our rent this month. Cashing in on referral fees is easier than most people know. When you’re talking to your friends and family about the things you like that you’ve purchased or done, service professionals that you like, you are giving referrals. This doesn’t just go for apartments, but many other business and service providers will give discounts, gifts, or free services for your referrals and loyalty.

365 Days of Saving Money: $3177 Annually (Running Total)