Here is today’s money saving tip: go generic. Generic brands of paint, food, etc. are often cheaper and have the same quality as name brands. For example at CVS Bayer brand aspirin costs $6.27 for 100 pills. The same amount of generic aspirin costs just $2.27. That’s a difference of 4 bucks! Which is a lot when you consider that both pills are basically the same thing.
Save some cash, go generic.
James
James Hendrickson
James Hendrickson is an internet entrepreneur, blogging junky, hunter and personal finance geek. When he’s not lurking in coffee shops in Portland, Oregon, you’ll find him in the Pacific Northwest’s great outdoors. James has a masters degree in Sociology from the University of Maryland at College Park and a Bachelors degree on Sociology from Earlham College. He loves individual stocks, bonds and precious metals.
Another tip is to get your doctor to write a prescription for items sold over the counter. For example, Feosol Iron is $12 for 60 tablets, but a prescription (with NO insurance) for it is less than $4 for the same thing.
Really good idea. In my country the doctors are now advised to write the ‘active ingredient’ and not the brand name. Sure, some still do (they are getting incentives from the pharma companies), but some of us have learned to read between the ‘lines’. So we’re looking for the active ingredient and, if there’s a brand name and a generic one and both have the SAME ingredient, we’re gonna pay less for the ‘no name’ pill, since it does the same thing :D
Its the same with other things like flour and sugar as well. The name brands aren’t necessarily any better and generics are significantly cheaper in price.