Tip #: Buy a bread maker.
- Cost: You can buy one for $55. If it saves you just $4 a week on store-bought bread, that's $208 a year.
- Return: 280%
Tip #2: Get a credit card with a great sign-up bonus.
- Cost: The $40 annual fee. After your first purchase you get enough reward miles for a free flight, saving maybe $250. Then cancel the card.
- Return: 525%.
Tip #3: Take out a local library card.
- Cost: Nothing. If it saves you $10 a month on books, that's $120 a year.
- Return: Infinite.
Tip #4: Replace your premium cable package with a Netflix subscription and a $100 set-top box. You can download movies and TV programs as well getting DVDs through the mail.
- Cost: $100 for the cheapest set-top box, plus $17 a month for a three-movie subscription.
- Return: If it replaces a $50-a-month cable package, that's a 98% return on investment.
Tip #5: Order a packet of seeds and plant them in a window box or garden. Growing your own herbs, spices, and even vegetables – depending on the amount of space you have – is a great investment.
- Cost: Spend just $10 on seeds and saved a mere $50 in the year.
- Return: That's a 400% ROI.
Tip #6: Switch to a prepaid cellphone.
- Cost: $20 for the phone, and maybe $100 a year for minutes. Move the rest of your talk-time to free Internet calls, and stop hemorrhaging $60 a month on a cellular plan.
- Return: 500%
Tip #7: Start making your own coffee to take to work each morning.
- Cost: $20 for a Thermos, $10 for a filter and papers, and $60 a year for ground coffee. Then skip the $4 a day drive-thru.
- Return: If that saves you $1,000 a year, the return is more than 1,000 %.
[Tips by WSJ via Yahoo]
Check out more savings tips from Apartment Therapy