The Money Coach has some practical advice for saving money in the current economic climate. Save on everything from housing costs to car costs to daily coffee expenses. For example: Using generic drugs might save you $840 in a year. Stop smoking and save thousands. Save money on utility bills by unplugging unused electrical appliances, lowering your hot water temperature, or running full loads of laundry. Save money on clothes by giving up designer labels. Spend within your limits on children’s clothes and shoes. Seek out free or low-cost forms of entertainment at museums or cultural centers instead spending money on concerts or sporting events.
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