4. Saving money with your cell phone service

Many people are buying expensive cell phones with features they aren't going to use. However major cell phone companies offer quality free or low cost cell phones when you sign for a new service or extend your contract. If you use cell phone to make calls and send an occasional text message, you should be fine with free or low cost phones.

Also some cell phone companies offer great regional plans. Regional plans offer more minutes for the same price as nationwide plans. If you rarely leave your region, this may be a great option for you.

In addition, one should check if he has right service plan. Let's say you are paying $70 a month for 1000 minutes but you use 300 minutes a month on average. It would probably make sense to downgrade to 400 minutes plan for $40 a month.

5. Saving money with your phone company

If you make a lot of phone calls across the country and still pay by the minute, you should ask your phone company if they offer flat rate nationwide plan. Some long distance carriers offer plans where you can make unlimited calls in USA ( some plans include Canada ) for a flat fee.

Customers that make many international calls have two options to save money. First, you can purchase international calling plan for additional fee and pay bonus rates. For example you make a lot of phone calls to Germany and pay 60 cents a minute without international plan. If you will buy international rate for $7 a month, your bonus rate will be 20 cents a minute.

Also one can purchase international calling card. Generally these phone cards offer better rates than long distance carriers. There are many calling cards and rates are different depending on the card and country. You can purchase international cards either on line or at the gas stations and small stores. One thing to remember is that you must check rates for your particular country before making a purchase.

6. Save money on clothing

Winter clothing is most expensive during cold season while summer items cost more during warm months. However, at the end of the season department stores lower prices on many items. If you want to save money on clothing, it makes sense to buy at the end of the season when prices are generally lower.

Also there are many discount clothing stores that offer great deals. In fact many of them carry same or similar items as department stores but usually at lower prices.