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TRUSTDale Tip of the Day: *Ways to Save for a Rainy Day

Perhaps you've intended to start an emergency fund. The barrier has simply been a lack of funds left over at the end of the month to put aside.

Save on insurance costs

  1. Analyze your homeowner's coverage. Check if there's any coverage you have that you can do without. Consider raising your deductible to save money on premiums.
  2. Compare health plans. Working couples can reduce out-of-pocket medical expenses and premiums by carefully comparing the costs of the benefits offered by each employer to find the best deal.
  3. Get a break on car insurance for good behavior. Ask about discounts if you've gone a certain number of years without an accident or ticket, store your car in a garage or drive fewer than a certain number of miles each year

*Source: http://articles.moneycentral.msn.com/SavingandDebt/SaveMoney/28WaysToSaveForARainyDay.aspx?page=2