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Reader Buzz: Saving Money

February 15th, 2007 @ 5:48 pm by Reader Buzz

Mrs. Bee here.

Real Simple Magazine’s monthly question in the most recent issue is “What’s the most surprising financial advice you’ve ever received?” One of the featured answers was wedding related:

Pennies, nickels, dimes, or quarters - hold on to your change. In just two years, I accumulated enough to pay for a nice chunk of my wedding.

In what ways have you and your SO cut back or found ways to save money towards your wedding?

Tags: Features, money |
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17 Responses to “Reader Buzz: Saving Money”

1.
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emma

Fewer weekends eating out and putting our money in a savings account with higher than average interest rates (like emigrant.com or ingdirect.com). We love, love to try new restaurants, but going out every weekend was starting to add up! So, we would do it only 2-3 times a month (compared to 5-6 times). The rest of the time, we would stay in and cook for each other. And I have to say that a meal cooked with love tastes SO much better. :)

 
2.
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Sarah

make my own coffee in the morning, bring my lunch to work, eat out less, don’t watch movies at the theater as often, limit shopping to wedding related purchases, eliminate holiday gifts to each other. hsbcdirect has a new promotion until april–their rate is 6.0% for new money deposited.

 
3.
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Isabelle

I take my lunch to work, negotiate my APRs on my credit cards, and take a middle level grade gas (when I require a high octane). I can’t run on the lowest octane, the engine rattles, but it does fine on middle grade. I’m saving some b/c of the gas prices.

Here’s a good tip on gas station credit cards..

When the rebate amount drops after that promo time, you can use the credit card and get a discount on in store purchases, including gas cards!)

 
4.
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Mary

We’ve been recycling our bottles and cans. With the help of our friends and co-workers, we’ve raised over $100 in the past 6 months. It’s not a lot, but it’s at least one person’s meal at our wedding and it’s almost no effort.

 
5.
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seattleaug11

No new spring clothes. Well at least not as many as I would normally like. I got one new dress and I had to have a for sure double use for it in the near future. I am one of the lucky brides and my family is paying for the whole wedding. All my soon to be hubby and I have to pay for is the honeymoon.

 
6.
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skichik

We aren’t going out to bars or happy hours. We used to go out to dinner about twice a month and that has stopped. We buy a lot of stuff in the grocery store on sale. We stopped carrying cash all of the time. It’s embarassing putting $3 on a credit card so we’ll go without little things that we indulged in before.

Most of the things people mention here as tips we were already doing, making your own lunch, no coffee, no wawa stops.

 
7.
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fossie

bringing our own lunch mainly and making our own food at home (healthier for you anyway and i started to get tired of getting food poisoning from badly prepared food!) — i try to make home cooked food exciting by trying new recipes often.

i think my favorite secret way of saving money is taking advantage of the local public library — you can rent dvds for free (some libraries charge $1 per dvd but that still beats blockbuster’s prices).

and i try to avoid reading fashion magazines or visit fashion store websites so i don’t feel tempted to buy new things.

 
8.
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Dani

No shopping sprees, cutting WAY down on eating out/going out….working TONS of OT at my job…these are all ways we are saving. I swear I haven’t bought anything substantial for myself in a very long time…We are also huge fans of going out drinking, trying new restaurants, etc…I never realized how much money we were spending on entertainment until we stopped doing it as much. …

 
9.
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jmnz

I only use paper money - no spare change even if it’s only pennies. At the end of the week I take all the change and put it in a jar. In a little under a year I saved almost $600 and used it for my wedding dress. I’m trying to recycle bottles but FI keeps giving them away! (Yes, the bags of bottles! He says it because they take up so much room.) Also, any money left in laundry goes straight to the change jar as well. Found $20 bucks in his jeans once but I figure if he forgot it was there, he gave up all claims to it.

 
10.
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jmnz

Oh, and we stopped getting coffee everyday. That’s an easy way to say $50-70 a week depending on how often you go. We just go once a week now when we do weekly grocery shopping. Re: groceries, if it’s not on the list, we both need to agree to buy it and it needs to be on sale.

 
11.
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katie

definitely eat out less and cook more at home. eating out can seriously add up!

 
12.
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Julie

I’m a biomedical Ph.D. student living in Washington, DC, so I’m already pretty frugal (my stipend barely covers my rent and utilities). On top of that, my fiance is a medical student, so he is already $200K in debt. I already do pretty much everything everyone has suggested thus far (I cook every night for my fiance and myself, we always pack our lunches, are not coffee drinkers, maybe go out to dinner once a month, etc etc. However, I love the idea about cashing in change! I have loads of change back at my parents house from when I was in high school, and several buckets worth with me in D.C. from undergrad and now graduate school. I was always saving it up for something special, but I just didn’t know what — a wedding seems like the perfect event!

 
13.
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Melissa

We were engaged the month before I graduated from college, so we never had to “cut back”–we just kept living like college students! Fi’s PhD stipend covers our tiny apartment, bills, and groceries. Basically, my entire first year’s salary will go to the wedding, but I’m proud that we’re able to do it all on our own.

 
14.
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Leesuh

My FI and I have a 5 gallon water bottle and we’re filling it up with change. We don’t use change at all to pay for anything - we save it. We saved over $100 bucks in 2 weeks. Since our wedding is in March of 2008, imagine how much we could save!

 
15.
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hm

i already work two jobs; my entire paycheck for my part-time job goes to the wedding. i added an extra shift on friday night; that way i have a built-in excuse for not going out to bars and clubs, and i make money instead. i do have saturday nights free!

 
16.
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eisor

Here is what we’ve done to cut back expenses:

~ Cut back on eating out. Cook at home and pack lunches. Buy off-brand groceries.
~ Cash in credit card rewards for useful/needed products or gift cards.
~ Cut back on our cable/internet/phone package. (Do we really need 1000 channels??)
~ Stop shopping. I used to go shopping every week. Now, I’ll go a whole month without going shopping. (Except groceries.)
~ No new clothes.
~ Shop at garage sales & thrift stores.
~ Rent movies from Kroger’s new $1 a day movie rental.
~ Selling all my DVDs for $5 a piece.

That’s all I can think of right now!

 
17.
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Hannah

We actually have been doing the change-saving idea for about a year now. We call it our honeymoon fund. My fiance practically dives on the floor of any restaraunt or store when there’s a penny or dime sitting there.
We also set up a budget for eating out weekly, since we do it alot, and out of the money we allot ourselves if we have any left over it goes to the honeymoon fund.

 

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