09/10/2012 11:50 am ET Updated Dec 06, 2017

How Can I Save More Money? From Alexa Von Tobel (VIDEO)

Alexa von Tobel, Founder & CEO,, joined me on Mondays With Marlo to discuss how to save more money. She said that even saving $50 per month can add up, but you have to pay yourself first, just like you would with any other monthly bill. She recommends automating your savings account, so your monthly savings can be deducted from your paycheck as soon as it's deposited. She also had lots of great ideas to help cut expenses and benefit your savings even more. For example:

  • You can save up to $400 a year if you slightly raise the temperature of your refrigerator.
  • By changing all your light bulbs to flourescent bulbs, you can save an additional $10-$20 a month.
  • And you can save another $10-$20 a month on your cable bill if you visit

For more fantastic financial advice, see all of Alexa's personal finance tips:

Personal Finance Tips From Alexa von Tobel

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