Saturday, January 17, 2009

Top 10 Ways to Save Money in a Recession [Lifehacker Top 10]


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Top 10 Ways to Save Money in a Recession [Lifehacker Top 10]

Times are tough, money's tight, and nobody should be spending more than they need. If you think you've exhausted all avenues for saving a buck, check out our ten suggestions for saving money in a recession.

Photo by Bob Jagendorf.

10. Get better at re-using your stuff

It's the kind of stuff that fueled your grandparents' stories about hard times: Stretching supposedly disposable, used items further than most consumer companies want you to; Using your mind—and your hands—to solve problems without jumping in the car and busting out the wallet. We suggest finding inspiration from how Lifehacker readers creatively reuse disposable items. Re-purposing isn't all about balled-up tinfoil and grimacing, of course. Our most popular re-purposing posts of 2008 show that a little thought and some creative tinkering usually pays off with a one-of-a-kind solution to household needs.

9. Cut your food costs

Other than shelter (rent) and water (also rent, or municipal bills), food is the one thing you have to spend money on every day. If you really want to hack down your bills, carnivores can save money by buying whole animals—a process that's easier than they might think. For a weekend kick, you can make your favorite chain restaurant recipe at home. Stay away from the high-fat cruft on dollar menus and switch to a cheaper, healthier Mediterranean diet or these twenty health foods for $1 or less. And for those nights when cooking a full, heal...



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