Money Saving Tips

Now days everyone is looking to save money - whether it be by not eating out as often, walking instead of driving, or staying home more - all of these can add up to some big savings in a year.

Here are a few money saving tips we have gathered from friends and family:

The average person spends $6.60 on lunch away from home. Bring your midday meal just twice this week and save $13. Do it eight times this month and save $52.

Rather than buy individual hand soaps just buy a large, inexpensive bottle of shampoo. Fill a pump container with half water and half shampoo and use as hand soap.

Extend the life of your kitchen sponge by tossing it in with a load of dishes in the dishwasher every couple of days or so. This will sanitize it and give you several additional weeks' use.

Repurposing old T-shirts and cloth diapers as dishrags and cleaning cloths cuts down on waste, so it's better for the environment. (just like our PAPERLESS Ultimate checking account that pays you top interest!) The average American family uses 1 1/2 rolls of paper towels per week, so cutting down to just one a month could save you roughly $45 a year.

After your dishwasher's final rinse, open the door and pull out the racks. Let the dishes air-dry to save electricity.

Did you know coffee grounds can keep your refrigerator smelling nice and fresh? Rather than wasting a whole box of baking soda, place the grounds, new or used, in a bowl and remember to replace them every month or two.

Spend less by avoiding the dollar bins. How many of those items do you actually need? Probably none. Steer clear of this impulse zone, which is often placed near the front of the store to catch your eye as you walk in.


Keeping your fridge and freezer colder than necessary can boost your energy consumption--and your bills. Your fridge should be set between 37°F and 40°F, the freezer between 0° and 5°F.

Trees and shrubs are great for beautifying your yard. But did you know they also shield your home from sun and wind? You could save up to 30 percent in home heating and air conditioning costs by planting some natural protection. (Open any new checking account or loan at Reliabank during our summer promo and we'll give you a nice little potted spruce tree to add to your landscaping!)

Make your own cleaners - mix 1 cup each of white vinegar and water in a spray bottle. Use it to clean counters, soap scum in the shower and toilets. Try baking soda to clean bathroom surfaces, stainless steel appliances, sinks and stove tops. Lightly wet the surface, sprinkle baking soda on top, scrub with a sponge and rinse.
 
With the $$ you save you can add to your Reliabank savings account or your Ultimate Checking account! Earn money by saving money!