CONSUMER TIPS Elisabeth Leamy

This morning a friend told me sheís on the brink of losing her home because her husband lost his job. The only thing she could think to do? Have a garage sale. While itís certainly good to have an ďanything goesĒ attitude at times like this, I couldnít help but think of all the bigger, better, faster ways she could probably cut costs and catch up on her mortgage.

Of course, I opened my big mouth. Itís what I do! I suggested she cancel cable and maybe even her home phone service (after checking to see if there was good 911 locator service for cell phones in her community). I told her how every other friend who has shopped around for car insurance has saved at least $1,000. She said her cars were both more than 10 years old, so I suggested dropping the collision and comprehensive coverage too.

And now I keep emailing her more ideas. For example, according to a new CreditCards.com report, 78 percent of people who asked their credit card company for a lower interest rate got their wish! Problem is, only one in five had ever asked. They were busy ... throwing garage sales. You know my bias from years of reading this column: I like to find a few ways to save a TON of money rather than a zillion ways to save a teeny bit.

I compiled more of my BIG savings ideas than ever before in one place as my New Yearís gift to you. Now Iím gonna send this article to my friend. Do YOU have a friend who needs ideas like this? Psst! Pass it on. Do you have a giant savings idea you donít see on my list? Pay it forward by sharing with the group in the comments section below!



Add Comment

all comments

  Other news

more
Ant and Decís Ant McPartlin moves mum in following rehab stint as he admits marriage to wife Lisa Armstrong is 'under strain'

Ant and Decís Ant McPartlin moves mum in following rehab stint as he admits marriage to wife..

19-Aug, 09:20

The Saturday Night Takeaway host recently left rehab after receiving...

Russia knife attacker wounds seven in Surgut

Russia knife attacker wounds seven in Surgut..

19-Aug, 06:51

Seven people have been wounded in a knife attack in the Russian city of...

Buying a home? Strategies for lowering your closing costs

Buying a home? Strategies for lowering your closing costs..

19-Aug, 15:36

Image source: Getty Images. Buying a home is likely to be the biggest...

Binky Felstead's baby India is the cutest playing with daddy Ė see the snap!

Binky Felstead's baby India is the cutest playing with daddy Ė see the snap!..

19-Aug, 12:00

by Sophie Hamilton Born in Chelsea Star Binky Felstead has shared the...

Tesla provides first look at cheaper Model 3 sedan

Tesla provides first look at cheaper Model 3 sedan..

09-Jul, 14:13

Electric automaker Tesla has produced its first Model 3 sedan, a highly...

Sports Bra Science: Can You Go Jiggle-Free?

Sports Bra Science: Can You Go Jiggle-Free?..

01-Mar, 01:38

In search of the perfect sports bra? You're not alone. And the bustiest...

New ads target House Republicans for supporting GOP health plan

New ads target House Republicans for supporting GOP health plan..

11-Apr, 10:32

A liberal organization is targeting a group of centrist House Republicans...

Immigration judge frees Mexican activist US trying to deport

Immigration judge frees Mexican activist US trying to deport..

09-Jun, 20:21

A Mexican woman was released from custody Friday while the U.S....