Each week I round up advice from some of my favorite personal finance bloggers to share with Kip Tips readers. This past weekend I had the chance to meet many of these bloggers in New Orleans during a financial media conference. So I used the opportunity to ask them in-person what is their single best tip for saving money. Here is the advice they offered:
Downgrade your technology, says Sandy Smith of Yes, I Am Cheap. She says that we get so hooked on technology that we fail to ask ourselves whether we really need to buy the latest and greatest gadgets. We often don’t bother to add up how much we’re spending on technology. Rather than buy a new iPhone 6, she’s sticking with the $50 phone she has with a pay-as-you-go plan.
Downgrade your technology, says Sandy Smith of Yes, I Am Cheap. She says that we get so hooked on technology that we fail to ask ourselves whether we really need to buy the latest and greatest gadgets. We often don’t bother to add up how much we’re spending on technology. Rather than buy a new iPhone 6, she’s sticking with the $50 phone she has with a pay-as-you-go plan.
