6 ways spending time can save you money

I’m no Scrooge McDuck, but, like him, I jump at the chance to save money. Before I do, however, I also consider the time I’ll have to put in. It’s like an hourly wage. Suppose I drive 15

minutes each way to an outlet mall to buy a suit costing $100 less than one in a store close to home. Saving $100 in a half hour of my time? It’s like making $200 an hour. Not a

clotheshorse? Try these other ways I’ve found to save thousands of dollars, tax free, in very little time. CUT SUBSCRIPTION COSTS  EARN $390 AN HOUR Keep track of your teaser rates for

cable, satellite and internet services, then call to cancel before each rate expires. Most likely the company will work with you. In early 2018 I called to cancel my satellite radio. I was

transferred to the loyalty department and offered a discount to stay — just as I was the previous year, when I did exactly the same thing.  _Time spent on the phone: 10 minutes_ _Money

saved: $65_ SKIP THE CAR PURCHASE EARN $500 AN HOUR I take the time to shop for a good, small, modest sedan, say, for $30,000, and drive it for a decade, more or less. It depreciates less

than a $75,000 luxury car, I pay less sales tax, and my insurance is cheaper. I save even more by not buying the next luxury car five years later. _Time spent shopping: 15 hours_ _Money

saved: $7,600 annually over 10 years (sales tax and depreciation)_ PICK GOOD CREDIT CARDS EARN $180 AN HOUR Scrooge likes free money (and diving into gold coins), so I think he’d like credit

cards like mine, which charge no annual fee and pay 2 percent cash back. Say you’re spending $1,500 a month with a 1 percent cash-back card. Switch to a 2 percent card; you’ll get $180 more

a year. _Time spent researching and applying for a card: 1 hour_ _Money saved: $180_ FOR WAYS TO SAVE AND MORE, GET AARP’S MONTHLY MONEY NEWSLETTER. UNCOVER A HOTEL BARGAIN