SmartMoney.com has run a story of 7 things that you're wasting money on. Times are tough and we know a lot of you are looking to save a few bucks here and there. So where are you wasting money? The seven places they mention are bottled water, extended warranties, gym memberships, overdraft fees, organic produce, auto insurance, and music downloads. There's definitely money to be saved in each of these and SmartMoney breaks down an estimate of how much money you could save. There are obviously many variables to consider here. Some other items we'd like to add to this list are eating out, coffee runs, entertainment expenses, alcohol and movie rentals. Another thing is to be more thoughtful and plan ahead. For example, if you're going to run errands on the weekend, map out where you need to travel and make sure you take the most direct route. This will save not just time, but gas, which we know is money. Please go on the message boards and share your tips.

Labels: advice, economy, money