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Learn From The Best -- 5 Extreme Cheapskate Tips

11/13/2012

Extreme cheapskates are just that -- extreme. From Kay eschewing toilet paper, to Jeff serving road kill, the folks featured on Extreme Cheapskates  stop at nothing to save money. Now, we're not advocating that you give up toilet paper,and now that the first season of Extreme Cheapskates is over, there are a few tips we could all pick up from these fanatical savers. Below, five money-saving tips you don't need to be extreme to appreciate.

Cut Your Own Hair: We're not saying do anything too complicated, but if it's a matter of a little bang trim, or some split ends, you can probably invest in some haircutting shears and figure it out at home.

Walk: This won't work for everyone, but if your commute isn't particularly long, skip the subway and ride your bike or walk to work. You can save up to a $100 a month.
Share Your Opinion: Learn from cheapskate Kay and make some extra money -- and score free gift cards -- by taking online surveys.

Save Your Change: No, we're not suggesting that you use pennies to pay for dinner, like extreme cheapskate Terrence. But designate a change jar by putting all of your pocket change in it at the end of the day. You'll be shocked and amazed by how much cash you can save by exerting very little effort. 

Shop Secondhand and Consign, Consign, Consign: Thrift and vintage stores -- along with discount stores like Ross, TJ Maxx and Marshall's -- offer great alternatives to high-priced retail shops. But another great alternative? Consignment shops -- where you can re-sell your gently worn goods and pick up slightly worn designer goods at a fraction of the cost. Is there anything better than making money while you're picking up new things, too? We don't think so.

Got a fabulous money-saving tip you'd like to share? Tell us in the comments! 

--Julie Gerstein

 

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