September 19, 2006
If you're looking for some health-related money-saving tips, look no further.
The biggest tip we can offer is to go to the dentist and doctor regularly. You can save on future medical and dental costs, or even avoid them entirely, by taking care of yourself. And you may save up some extra years in the process -- not a bad deal! So, brush, floss, and get those checkups. Some more suggestions:
- Don't smoke.
- Don't drink alcohol, or at least reduce your alcohol consumption.
- Spend more time exercising and less time shopping.
- Instead of buying exercise videos, consider taping some exercise programs on TV.
- If you have significant routine health-related expenses, look into using a flexible spending account, which can save you a lot of money by exempting some expenses from your taxable income. Ask your benefits administrator at work about this possibility.
You might even come out ahead by spending money on a gym membership -- if you use the gym regularly and end up preventing or avoiding some costly medical conditions in the process.
You'll find many more handy tips where most of these came from -- on our Living Below Your Means discussion board. The board's directory of tips is especially handy. (You have to sign up for a free trial.) Once you've saved some money, put it to work for you -- learn more in our Short-Term Savings Center, which features some good interest-rate deals.