Business Week quizzed financial advisors for tips on how to reduce expenses while boosting savings. Here's a continuation of the savings tips:16. Pay Bills and Send Emails Online
Set up your bills so you pay automatically every month online. You will save money on stamps, and avoid late fees. Send emails and you will save time spent at the post office.
17. Go Generic
Most brand-name products are the same as the store-brand. Save money by sticking to the store-brand.. although the label might not be as pretty.
18. Deduct Your Business Expenses
Keep personal and business expenses on separate cards. This will make it easier to be reimbursed.
19. Take Time for Big Purchases
Take time and think about what you want to buy. Research the product, read reviews, and take at least 48 hours before you make the purchase.
20. Buy Used
Don't buy new. Most things aren't worth the extra cost. Cars, books, Apple products and furniture can be bought used at a fraction of their original cost.
Check back tomorrow. We'll roll out five new savings tips each day for the remainder of the week.
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