This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Extreme Savers Try Toilet Cloths, Car Ovens

Sometimes people go too far to save a buck.

When times are tough, people typically rein in their budgets. While most people cut everyday extravagances like gourmet coffee or premium cable channels, others take frugality to the extreme. Here are some unusual ways people are trying to save money:

Reusing toilet cloths: Some penny-pinching consumers have switched from toilet paper to cloth napkins, which have the added benefit of helping the environment. The same principle applies to paper towels, though with less of the ick factor.

Green-minded savers say that wiping with cloth in the bathroom is similar to using cloth diapers on babies instead of disposable ones. Wallypop, a family business in Des Moines, Iowa, sells colorful wipes in a variety of fabrics. The reusable towels are machine washable.

Picking up plants from funeral homes: Fresh flowers can brighten up a home, but they can be expensive. The obvious solution is to grow your own, but that's messy and takes time. Some people have tried calling local funeral homes to see if they can take plants left over from funerals. Mourners seldom take home all their flowers, and funeral directors might be happy to unload the bouquets.

Turning pet hair into clothing: Knitting can be a wonderfully frugal way to outfit your family. If you're an extreme saver, there's a way to avoid buying yarn. Kendall Crolius tells readers how to turn extraneous pet hair into yarn in her book Knitting With Dog Hair (St. Martin's Griffin). The book's tagline says it all: "better a sweater from a dog you know and love than from a sheep you'll never meet."

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,912.11 -70.48 -0.42%
S&P 500 1,969.95 -8.96 -0.45%
NASDAQ 4,442.6980 -2.2110 -0.05%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs