SAVE MONEY NOW!

Greg Sherwood from KQED offers some advice on how to save money (according to Bottom Line).

Cut Your Recurring Base Costs
You should be able to cut 10% of your costs down without really changing too many things.
Family of 4 Living on $90,000
Save $9,000 a Year
$750 a Month

Save on Your Monthly Electric Bill
Ask your Utility Company About . . .
- "Time of Day" Energy Programs
- "Power Credit" Plans

Clip Coupons
The Sunday paper can save you money.

Take Action
You can't save money unless you try.

Review Your Bills
Companies can make mistakes so check to make sure there aren't any charges you're not familiar with.

Cell Phones
Find the Best Plan for Your Needs

Tax Bills
Ask to Have Penalties Waived

Hospital Bills
Look for Errors

Be a Savvy Medical Consumer And Get the Best Care

Put Your Retirement Money Into a Roth IRA
Roth IRAs can grow tax free and beneficiaries do not get taxed on withdrawals.

Three Ways to Re-Feather Your Retirement Nest
- Consider a Reverse Mortgage. Allows you to tap into equity as monthly income, lump sum or line of credit. Mortgage is repaid with sale of your house upon your death.

Guide to Reverse Mortgages from AARP
www.aarp.org/RevMort

- Reduce Your Debt. If possible, eliminate it.

- Save $10 a Day. An $8,000 debt can be paid-off in three years if you save this much.