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Real Simple: Plugging money leaks

Submitted by Merlin on February 2, 2006 - 3:10am.

Money-Saving Secrets: RealSimple.com

This article from the March, 2006 Real Simple has some handy tips on plugging the “money leaks” in your life. Leaks to plug include:

  • Paying bills by snail mail
  • Paying the minimum on credit cards
  • A cell-phone plan that doesn’t match your needs
  • Eating out on vacations
  • Frequent trips to the ATM to withdraw moderate amounts of cash

Nothing earth-shattering, but it’s sound advice if you’re looking for a modest change to get a bit smarter about money.

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This is something that I...

Submitted by Lucrosus (not verified) on February 4, 2006 - 4:53am.

This is something that I do. If I have to have money on me for some time, I make sure that most (if not all of it) is in larger bills. Psychologically, I’m more apt not to break a large bill than spend smaller bills. Also, I have to take the time to have the larger bills broken by someone, if I can even find someone that will do that.