Saturday, March 08, 2008

7 Ways for Journalists To Save Money

Being a journalist can involve a lot of travel to do interviews for newspapers, television or radio and can rack up many expenses that can occur at the last minute that may not be covered by your job. These expenses can make it difficult to make ends meet. To save money create a budget and look for ways to reduce expenses. Here are 7 ways for journalists to save money:

1. Travel Discounts. Comparison shop for discounts on parking or air, hotel and rental cars or buy as packages. Some companies that provide discount fares LongTermParking, HotDeals, SideStep, and Kayak. Sign up for online alerts with airlines to learn about their weekly specials. Search for fares early in the morning or on weekends. Check to see if they accept discounts for membership to Diner's Clubs, AAA, AARP, etc. This can save you $30 to $175 per transaction.

2. Supplies and Expenses. Shop for office supplies at Costco or online sites such as Amazon. Consider setting up a home office. You can write off a portion of your mortgage, and utility bills. If you do not have space for a home office consider using a telecommuting or telework center at companies such as Virtual Office Center, Regus or the World Environmental Organization and search for telecommuting sites. This can save you $50 to $100 per week in supplies, wear and tear on your car and gas.

3. Food. Pack you own drinks such as water and juice along with your favorite snacks. Search online for coupons to your favorite restaurants. Sign up for a free newsletter from restaurants to receive coupons. This can save you $30 to $200 per month.

4. Car Maintenance. Perform regular maintenance on your car by keeping your tires properly inflated and balanced which improves mileage. Save money on gas by using the lowest octane which is usually 87. Fill up your gas tank before going to work or in the evening when it is cool. This can save you $.05 to $.30 per gallon.

5. Insurance. Make sure you have health and disability insurance. If you need to see a doctor you won't have to worry about paying medical bills. If you become sick for an extended period of time you won't have to worry about how you will pay your bills. Contact eHealthInsurance for health insurance quotes. If you need disability insurance contact the Assurity company. This can save you $20 to $200 per month.

6. Use coupons. Use coupons to save money when shopping. Search for online coupons at sites such as Visit MyCoupons, CoolSavings, and CouponSurfer. This can save you $20 to $250 per month on your grocery bills and other household costs.

7. Go green. Try eco-friendly ways to save money. Visit sites such as Bankrate and search for ways to save money going green. This can save you $20 to $500 a month.

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