Alpha Consumer

How to Save $16K a Year

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Posted: March 13, 2008

Check out this Redbook profile of Christina Ksoll, 42, who cut her annual spending by $16,000. How did she do it? Partly by buying a grill and inviting friends over a few times a week instead of eating out. She estimates that change alone saves $5,000 a year. Her other techniques include:

• Spending less on clothes by shopping on sites like Overstock.com and SmartBargains.com, and then getting the clothes adjusted by a tailor so they look good.

• Going to restaurants that accept coupons.

• Keeping a pack of soups at work so she can eat that when she doesn't have a lunch meeting.

• Bulk-buying paper products. If it's too much to keep around, she donates the extra to an animal shelter and still saves money.

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It's easy to save money when you are extravagant

I am sick and tired of reading about rich people that are able to save SOOoooo much money because they finally realize how much their expensive habits are costing them. What about the rest of us that don't eat out 4 times a week or buy lunch every day or a new wardrobe twice a year or get 3 premium cable channels or buy scones and a double latte every day or take a cab everywhere or.....

JimmyDaGeek of MD @ Mar 28, 2008 14:39:13 PM

saving $'s

I find this hard to beleive she can save $16K../year. by doing what she is doing now. Must be making more then the average person as they cannot go out and buy that much or they would not have a home to live in. This I totally do not believe.

Fred T of WA @ Mar 26, 2008 23:16:44 PM

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