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Call 4 Action: Saving $1,000 For The Holiday

POSTED: 6:14 pm EDT October 15, 2008
UPDATED: 7:06 pm EDT October 15, 2008

With the holiday shopping season near, Call 4 Action reporter Aaron Saykin has amassed a list of simple ways shoppers can save $1,000 before the end of the year.

According to financial experts at Kiplinger, consumers would be $1,000 richer by Christmas morning if they just tweaked some of their buying habits.

“Sit down, write it down, make a plan -- that's what you should be doing anyways, right?” said Paige Beal, a marketing expert at Point Park University.

Dining out one less time per month can save as much as $120.

Making fewer trips to the grocery store can also help.

According to financial experts at Kiplinger, shoppers make $10 worth of impulse buys per visit.

Making only one trip a week can save up to $160.

Dropping extra services from cable and phone bills can save another $100.

Another way to save is to stop buying items at work.

Buying three Diet Cokes a day can add up to $15 per week.

That’s $150 between now and Christmas.

Bringing a lunch to work and not buying coffee will save another $200.

At home, turning the thermostat down 2 degrees for two months will reduce costs by another $60.

Adjusting tax withholdings is another option.

The average person can take home $450, but it will result in a smaller refund next year.

Add everything up and consumers are looking at close to another $1,100 in their pocket.

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