Cut your spending by $500 a month

In today's tight economy, who doesn't want to free up some cash? Trim the fat but not the fun from your budget - here's how.

1 of 63
BACKNEXT
Slash your grocery bill
Monthly savings up to: $183*

Shop once a week. The more trips you make to the store, the likelier you are to buy on impulse because you see more tempting items. About two-thirds of purchases are unplanned; cut that in half to save $143 a month (if you spend $100 a week on groceries).

Give up the bottle. Stop drinking bottled water and instead buy a filter for your faucet (about $34, plus $25 for replacements). If your family consumes 12 gallons a month, you'll save about $15.

Eat what's ripe. Out-of-season produce costs 20% to 50% more than it does when it's in season. For a list of what's in season when, go to fruitsandveggiesmorematters.org. Estimated savings: $7 a month.

Differentiate between clean and dirty. Organic produce costs $1 to $2 more than the conventional kind. Cut your pesticide intake by going organic on the dirtiest produce (apples, lettuce) and conventional on the cleanest (kiwi, tomatoes). For a list of clean and dirty fruits and veggies, go to foodnews.org. Savings: $18 a month.


NEXT: Ditch your second (or third) car
Last updated August 17 2009: 9:37 AM ET
Email | Print | Share  |  RSS
 
google my aol my msn my yahoo! netvibes
Paste this link into your favorite RSS desktop reader
See all CNNMoney.com RSS FEEDS (close)
Note: Assumes spending $55 a month on produce ($35 on organics), one-third of it out of season.
More Galleries
Tools to make your money grow You've started saving and built a financial base. Time for a few new strategies and tools to get your money to grow even more. From real estate to IRAs, here are some tips. More
Ready to start saving? Here's how to do it right When you are just starting out or finally starting to get serious about saving, the basics will get you far. Here are more than a dozen tips that will help you lay the base for building your net worth. More
Our biggest money highs and lows How much money do you need to feel rich? What are your biggest money mistakes? Money magazine surveyed 1,000 Americans for the answers to these and other questions. See how your answers stack up. More

Special Offer
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.