How to Double Your Savings Rate in 2011

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Save, save, save! Don't buy silly things you don't need. Don't get stuck paying high prices for hair dressers or barbers or manicurists or waiters. Remember, they don't care a bit for you but they care a great deal for your money.

Don't get sucked in by fancy stores, they may seem trendy but behind the scenes they are just particle board and paint, nothing of quality. Take a good look at them, they offer flimsy stuff at huge prices, it's all made in China so what's the difference? The illusion is what they sell.

Be smart, don't buy!

Iris Yard of MA 5:03PM August 13, 2011

lot easier to save wout mortgage/credit cad/car payments.Moral=put the money for a flatscren in a cooke jar,then buy it.

p conlee of NY 11:23PM January 01, 2011

These are good suggestions, to which I would add the following:

Revisit your cellphone plan. If you consistently have unused minutes, you may be overpaying.

Kick a bad habit. It may be cigarettes or too many lattes, but bad habits tend to have a hefty price tag, even before you consider medical costs.

Richard from MoneyRates of NY 3:48PM December 27, 2010

“If you are looking for a convenient and easy way to use your flexible spending account, check out www.FSAStore.com. It is stocked exclusively with FSA-approved products and services and in addition to all major credit/debit cards you can use your FSA debit card and not worry about a receipt or reimbursement. FSAStore.com employee”

fsastore of NY 11:44AM December 23, 2010

In fact, under new health care reform your health insurance company will no longer be allowed to cancel your policy if you get sick, we should be doing this already! search online "Wise Health Insurance" it is a good place to find insurance if you have illness like me.

daleleblanc of CA 1:18AM December 23, 2010

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Alpha Consumer

Kimberly Palmer, senior editor for U.S. News & World Report, writes about making smarter financial decisions. She’s the author of Generation Earn: The Young Professional's Guide to Spending, Investing, and Giving Back.

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