A nickel and dime here, a penny there, it all adds up in the end. Editor of Money Crashers Personal Finance, Gyutae Parks, knows the value of a penny well saved. He also knows how to turn those pennies into dollars. MoneyCrashers.com has garnered national attention for their sound financial advice. From CBSNews to Forbes, the guys at Money Crashers have answered questions on topics ranging from saving on auto insurance to, though they are males, black Friday sales–they seriously know their stuff, huh ladies? Here at Skinny Mom we pride ourselves on making fit mommas, and one crucial aspect of that is being financially fit. There are thousands of ways to trim, cut, and budget your finances. Gyutae could go on, and on, and on…and on. So, he’s cut it down (he’s even saving time and words for this post!) to the basics: groceries, monthly services, home energy, gas, car insurance, and–who could live without this?!–entertainment. Make the time and invest in this reading, it’s sure to pay off!

Need some money saving tips/ideas.

When it comes to saving money, the ways to do so are never ending. Here are a few of the basics:

Save on Groceries: Each week, buy a copy of the Sunday paper and clip all coupons relevant to your grocery shopping. Find out when your grocer doubles coupons and shop on that day. If you see an item on sale that you buy frequently, stock up – saving $1 on one pound of chicken is good, but saving $5 on five pounds is better. And make sure you take advantage of any discount rewards programs your grocer has to offer.

If you have a farmer’s market in your area, consider purchasing your fresh produce there. The prices are much cheaper, and the quality is similar, if not better.

Save on Monthly Services: Consider purchasing a cheaper channel package and fewer paid movie channels to save money on cable or satellite TV. If possible, cut back on your minutes plan to save money on your monthly cell phone bill, and investigate whether switching Internet providers would reduce your expenses as well.

Save on Home Energy: By adjusting your thermostat by only three degrees, you can save up to 20% on your electric bill. Make full use of your ceiling fans to save even more money, and if you don’t have any, consider installing some. It’s a one-time cost that will pay for itself in a relatively short period of time.

Save on Gas: Use a website like GasBuddy to find the cheapest gas in your area. Perform all scheduled maintenance tasks on your car, such as proper tire inflation, oil changes, and tune-ups, to increase your car’s MPG. Consolidate your errands so you use less gas.

Save on Car Insurance: If you drive an older car, consider dropping comprehensive and collision coverage. Also, consider raising your deductibles to reduce your premium.

Save on Entertainment: To save money on entertainment, stay home instead of going out. You can invite friends over for a classic board game night, or rent a DVD instead of going to the movie theater. Also, sign up for a daily deal website like Groupon to receive big discounts to local eateries via email.

Find hundreds of more ways to save at Money Crashers. Want to hear even more from the boys? Then follow them on Twitter and Facebook!