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How I Save Money Using Social Media

Business 2 Community (Website) - 8/20/2011 by Melissa Fiorenza
Though I’m nowhere near the level of intensity packed into one episode of TLC’s Extreme Couponing, I do consider myself an on-the-rise frugalista who knows that forking over full-price for everything was so five years ago. Clearly, I’m not the only one: Valassis released a stat earlier this year claiming shoppers saved $3.7 billion using coupons in 2010. That’s a lot of clipping. Or was it?

The social media geek in me has to wonder: How much of those banked bucks were thanks to Facebook and its social-platform counterparts? I ask because these days, all of my money-saving or freebie-amassing has to do with logging on somewhere. With that, I give you my top five ways to save moolah using social media, both from a consumer perspective and “insider” view. Got others? Comment below!

Swap your stuff with someone else’s.
From bookmooch.com and paperbackswap.com to freecycle.com and Craigslist, there’s usually someone somewhere who will trade items with you—or just give you something for zilch.