SOURCE: Dana Bashor Services

June 17, 2010 17:33 ET

Dana Bashor Services -- 5 Ways to Save Money in a Recession

SCOTTSDALE, AZ--(Marketwire - June 17, 2010) -  Although the recession has supposedly gone past, we still see its effect on our economy. The flow of money is sluggish and it isn't changing hands quickly, leaving many struggling to make ends meet. As a way to cut back and save some money Dana Bashor Services has put together a helpful guide on some alternative ways to save money that many have not considered.

1) Recycle 
Whether it's a piece of cloth or an empty spaghetti jar, it can always be reused for another purpose. Additionally, saving up those empty soda cans is a great way to make some money back by taking them to a "cash for cans" recycling center. 

2) Avoid buying food from expensive food joints
The foods available at local food restaurants is not only expensive, it's usually unhealthy too! You can save a bunch of money by making your favorite dishes at home. Simply look online for free recipes.

3) Check the Internet for discounts
Many companies provide their products at discounted prices. No matter what you need, you will always find sellers or resellers who will sell a product at a lower price, just to make a quick profit. Make sure to do a research on the Internet and you will find products at discounted prices.

4) Don't pay for cable
There are various websites on the Internet like Hulu that will allow you to watch TV and even movies for free. If you must have it, cut back to the basic package.

5) Quit smoking, drinking or gambling
It's a common observation that in the absence of money, people usually try to get rid of their sorrows by consuming alcohol or smoking cigarettes. Some people even go to the extent of gambling in the hope of winning money, which gets them in further trouble. Whether you've picked up the habit during the recession or pre, it's a good idea to cut back or quit these expensive habits to save money.

About Dana Bashor Services

Dana Bashor Services, http://danabashorservices.com, is a premier financial planning company based in Arizona. Founded by Dana Bashor in 2008, Dana Bashor Services strives to provide helpful money saving tips and advice.

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