TWO CENTS

Last week, Canadian Dream shared some good savings tips on his blog. Here are two items that are at the top of my list:

1. Don't buy a new car. Cars can depreciate at 15% per year. They are absolutely the worst purchase you could ever make.

2. Use a VOIP phone. I used to spend about $100-$120 per month in communication costs (includes Internet) when I was with a certain phone company that is named after a certain gentleman who invented the telephone. I then switched to a VOIP company that charged me $20 per month and gave me every feature on the planet, plus 500 minutes of free calling anywhere in North America.