Savings Center

9 Things You Should Buy to Save You Money

 

7. Rechargeable Batteries

Batteries can cost a small fortune, especially if you regularly use electronic equipment that can drain them quickly. While initially more expensive than regular alkaline batteries, purchasing Nickel-Metal Hydride rechargeable batteries can save you a lot of money in the long run. NiMHs replaced old-style NiCad rechargeable batteries and have a much higher capacity than NiCad's do. Best of all, they don't suffer from memory effect that could quickly shorten their life.

8. Clothes Line or Clothes Rack

If you are allowed to line dry your clothes, purchasing a clothes line will save you more than $100 a year over using a dryer. If you aren't allowed to use a clothes line in your neighborhood, purchasing a clothes rack or two for drying will save you the same amount. Most cost around $20, meaning that you will regain the cost in a few months.

9. Safe Deposit Box

While this may not save you money on a yearly basis (and, hopefully, never), I have included it since it will save you a lot of money if you are a victim of any type of accident, disaster or robbery. It'll also save you a ton of grief in settling claims, since you'll have all the documentation to take care of anything that might arise.

As the above suggestions show, spending a little bit of money upfront can mean a lot of extra money in your pocket down the road. By taking the time to make a small investment in the above items, you'll shave hundreds of dollars off your current spending in the long run.

>To order reprints of this article, click here: Reprints

Jeffrey Strain has been a freelance personal finance writer for the past 10 years helping people save money and get their finances in order. He currently owns and runs SavingAdvice.com.

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