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Don’t Work Hard to Save Very Little
Posted By Jim On 11/17/2010 @ 12:06 pm In Frugal Living | 16 Comments
It’s no secret I’m a fan of Kim Palmer, my biased review of her book Generation Earn  is probably proof enough (though Trent also praised her book in his review ), but her latest list  of money saving tips, culled from fellow bloggers, has some horrible and dangerous suggestions.
For example, turning off your car while it’s still moving is dangerous. The idea is that you can use your car’s momentum to slide into parking spots or when you’re going downhill, saving a few drops of gasoline in the process. The dangerous part, which Kim notes, is that you have no power brakes and no power steering. What she doesn’t mention is the fact that if you try this while going downhill, you’ll have to spend time and attention restarting your car. Is it really worth the risk? I say no.
There are so many things any one person can do to save money (just take a peek of my list of 100 Money Saving Tips  if you need ideas) that you should do the ones that have the biggest impact.
Reusing sandwich bags can save you $30 a year, cutting back on cable  can save you $30 a month… and requires less work. Taking cold showers can save you a few dollars a month on energy bills, whereas brown bagging your lunch can save you a few dollars every single day.
I think it’s important to save money, in any form, but it’s even more important to maximize your savings by first tackling the ideas that have greatest impact.
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 Email: mailto:?subject=http://www.bargaineering.com/articles/work-hard-save.html
 review of her book Generation Earn: http://www.bargaineering.com/articles/review-generation-earn-kimberly-palmer.html
 Trent also praised her book in his review: http://www.thesimpledollar.com/2010/10/10/review-generation-earn/
 list: http://money.usnews.com/money/blogs/alpha-consumer/2010/11/12/how-to-live-on-500-a-month.html
 100 Money Saving Tips: http://www.bargaineering.com/articles/100-money-saving-tips-for-the-holiday-gifting-bonanza.html
 cutting back on cable: http://www.bargaineering.com/articles/cut-the-cable-ways-to-save-money-on-television-and-movies.html
Thank you for reading!