Recession has really hit the common man hard. Prices of all the general commodities are rising and common man is finding it tougher to save money. There are a lot of ways to survive the recession and also save some money. Below are 9 tips to help you in saving the most valued item “money”.

If you leave your computer or television on sleep mode it still uses up electricity. The same goes with the other electrical gadgets that you use in your house. Even if you are not using them, the electricity is still being used. Get up and unplug all the electrical gadgets that are not in use. You will save up on electricity and finally reduce your bills too.

After a hard day, you really love a hot shower. Do you have a high speed shower? The first thing you must do is that, buy a low flow insert, and insert this in your shower. You shower will work in the same manner but will utilize a lot less water. This way you end up saving both water and electricity!

Stop throwing all your broken items just like that. Have you ever inspected these before throwing? Have you ever thought about repairing these and using them again? Well you can learn to repair your things at home. There are a lot of websites that will teach you to repair just about anything. You can therefore repair your I-Pod, computer, train your dog and repair an old wall clock etc. You will spend a lot less than you ever did before. And you will also learn new things each day.

If you have a car, then drive around only for your business or family tasks. Driving less is good for your health and will also let you save on fuel and thus save money. If you just have to go around the corner, you can also consider taking a walk. Let the machine rest and let your legs exercise.

If you have a house or own a three bedroom apartment, then you could consider giving a room on rent. If you are a student then you could also get yourself a roommate. If you rent your room, you will earn money. If you get yourself a roommate, you will save plenty of money and also find a new friend. You just have to be generous to a person who is also trying to save money!

Dump all the credit cards that you own. You will not have to pay your credit card bills. Did you know that the credit card that you own has a really high interest rate? Well, you will end up saving a lot of money and also save yourself from getting in debt. Learn to live without those plastic cards.

Invest in the CFL bulbs, they save on electricity and will also save money. These bulbs might cost a little but you will get a great return. These bulbs work for around 10 years.

If you love to read books, you can start visiting your local library. You do not have to purchase all the books that you like. Taking a membership of a local library will be inexpensive and you will be able to read infinite number of books! You can also take these books home and read at your pleasure.

If you increase the thermostat of your air conditioner by 1 or 2 degrees, your body is not going to feel any pain. And your pocket is definitely going to benefit a lot.

By: Ryan Post

About the Author: