Money-Saving Tips and Tricks

March 2, 2009

If you're suffering through difficult economic times and looking for ways to save money, get out your pen and paper and start taking notes! Dr. Phil's guests offer real tips to help you save money on clothes, utilities and vacations. Plus, learn how to cut your grocery bill in half and how to entertain your family on the cheap.

 

 

 

 

 

 

 

The Art of Spending Less

The Economides are proud to be America's cheapest family. They say they have the secret to living on $44,000 a year, while raising five children. "We want to encourage others that frugality is not a life of deprivation." You might be surprised how easy it is to implement their frugal ways of living.

 

 

Money-Saving Tips: How to Live on Less

 


 

Keys to Shopping at Thrift Stores
Susie Pearson is a volunteer at the UCLA Thrift Shop in Los Angeles. She shares tips for shopping at stores like hers. And, models show off three budget-friendly outfits she's selected from the shop.

 

 

 

"Do a little research beforehand."

 



Blowing Their Budget

Daniel and Mandy say they worry they won't be able to make ends meet if they don't curb their spending. They've separated twice because of money issues and have even filed for bankruptcy.

 

 

 

How should they realign their lifestyle?

 


 

Frugal Coupon Mom

Ashley is a stay-at-home mom who says that she has been able to slash her groceries bills by more than half. She has started a Web site to help others do the same. Find out which products she says you should never pay full price for.

 

 

 

Can Ashley convince Mandy that cutting coupons isn't a waste of time?

 


 

Audience Members Weigh In

They share their secrets to saving money when it comes to furniture, clothes, food and vacations.

 

  

 

 

"By the end of the year, we have enough money for our vacation."

 

 

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