Great Ways To Save

Max out your saving Put as much as you possibly can into your 401(k). Assuming a 7 percent return and a 50 percent match, upping your annual contribution by one grand and keeping that up for 30 years will fatten your nest egg by $153,110 (not a misprint). You can stash away a maximum of $14,000 this year (a thousand more than last year), or $18,000 if you're 50 or older. Don't toss the spare change At six-month intervals, find a coin sorter and deposit your change in a savings account. (One MONEY staffer's family saved $1,000 in stray coins last year.) Fill 'er up with regular If your car's engine isn't supercharged or turbocharged, run it on regular gasoline. If the engine doesn't knock or ping, it's fine. You aren't hurting your engine or its performance. In most engines, all premium gasoline does is cost you more money. Take advantage of the concierge Book a room on the hotel's concierge floor. It'll cost $20 to $40 more than the same digs on another floor, but consider the freebies: drinks, hors d'oeuvres, dry cleaning, shoe shining and help with reservations. Start your kids saving early Have your child open an IRA. Kids who earn money from an afterschool or summer job can put as much as $4,000 a year into a Roth IRA. After five years of tax-free growth, he or she can make penalty-free withdrawals for college -- or get a jump on retirement. Bundle your communication bills If you spend more than $50 a month on local and long-distance phone service from two different companies -- or more than $110 a month on phone, cable and high-speed Internet from three different ones -- you may be able to save up to 25 percent by ordering a bundled service from one provider. Buy running shoes How is investing in $120 sneakers a smart money move? Let's see: Running reduces the risk of heart disease and stroke, lowers blood pressure and burns more calories than any other exercise -- for less than a $50-a-month gym membership.