The Uber and Lyft ride-hailing apps have seemingly inscrutable ways for calculating how much you'll spend on a ride, and -- while convenient -- the prices do add up. When it comes to saving money with ride-hailing apps, is one of them better than the other? The answer is yes, but not like you think. Uber's far less transparent pricing system makes it harder to see how much it costs on certain rides compared to Lyft. And so much about the final price comes down to where you are on a certain date at a certain time and how many Uber or Lyft drivers are on the road nearby. That kind of calculation doesn't make it easier to understand which service will save you more bucks. But there are some good rules of thumb to follow that can help you get the best possible rate, especially if you're a frequent rider. It also helps to know how the services work, so you can be well informed when you pick a ride. Here's everything you need to know about Lyft's and Uber's ability … [Read more...] about How to save money with Uber and Lyft
Better ways to save money
Start the Countdown Remember when saving felt more like a fun project and less like a death sentence? Bring that magic back. Bust out a piggy bank if you have to. iStockphoto/Thinkstock The same gremlin that shrinks your jeans, hides your forks and runs your gas tank on empty is probably laying waste to your bank account. If your funds somehow dwindle to a few lonely dollars by the end of every pay period, it's time to regain control of your spending, cut a few costs and vanquish the gremlin for good. After all, he'll have his work cut out for him wrestling with your missing socks. There are two ways to look at saving money: as a punishment, or as a reward. If you opt for the former, the continual squeeze will feel like a series of painful sacrifices. However, if you embrace the latter, making small budgetary concessions will help you reach your goals, whether it's hiking the Arctic Circle or enrolling in a master's program. Better still, saving money can be surprisingly … [Read more...] about 10 Painless Ways to Save Money
Food is the average American household’s largest expenditure after housing and transportation, according to the Bureau of Labor Statistics. But unlike the top two expenses, there are a lot of ways to manage your grocery budget month to month to cut back on extraneous costs. Welcome to Cheap Chow week! Food is more expensive than ever, and it may seem like your only cost-effective options are fast food or instant ramen. But it doesn’t have to be that way. This week we’ll be showing you how to buy, cook, and eat food in a fiscally effective manner, without sacrificing fun or flavor. Here are a few tips to try. Loyalty Counts To maximize your dollars, sign up for your local grocery store’s loyalty program for big savings (here’s Meijer’s, Publix’s, Safeway’s, Winn-Dixie’s). You can also sign up for email newsletters for more potential savings. Coupons are of course a big source of savings. You’ll find your grocer’s in … [Read more...] about How to Save Money on Groceries
Retirement plans can be useful for lowering taxable income and, hey, they're not so bad in retirement either. © Ariel Skelley/Blend Images/Corbis You can be forgiven for not obsessing about taxes year-round. For one, there's usually no reason to be that terrified of our federal and state responsibilities. Despite lots of whining and jokes at the expense of the IRS, paying taxes has become downright simplified. We can file online and benefit from the guidance of automated software and quick turnarounds on refunds. But that doesn't mean that you should wander through the world, blissfully unaware of your tax status until mid-April. They say that only two things in life are certain: taxes and Kate Middleton's shiny hair (that's the phrase, right?). But there are still some ways you can reduce your income on your tax return to give you a bit of break when that tax liability bill hits. If you know your taxes are going result in a check to the government this year, taking a few … [Read more...] about What can you do to save on income tax payments?
Unplugging unused electronics is just one way to cut costs. Thinkstock If you’ve been dragging your feet about making better environmental choices because it seems like too much effort, then maybe you just need a little more motivation – like factoring in all the money you can save when you cut your energy use. Here are three ways to use less energy and free up funds to put toward the things you really want. … [Read more...] about Energy-Saving Tips to Save Money and the Planet