According to a study by the U.S. Bureau of Labor Statistics, broadband Internet saves the average family $8,800 a year . . . or about13.5% of everything they spend.
--That's up from last year, when the Internet saved us $7,700 a year . . . or 12.2%.
--It's because you save money by going online to compare prices . . . you can shop from stores all over the country instead of just locally . . . you save on gas money. . . and you get special discounts and coupons online.
--Here are 10 areas where we save money online:
#1.) You save $2,497 in entertainment costs . . . which is close to a 50% discount.
#2.) You get a 20% discount on travel . . . saving $1,658.
#3.) You save $1,740 in housing costs . . . or 13%. Think about when you're looking online for houses or apartments.
#4.) You save $994 on food . . . or 25%.
#5.) It reduces your clothing costs by $1,046 . . . or 60%.
#6.) When you buy a car . . . which obviously you don't do every year . . . you save about 1.5% on the purchase price by doing research online. That's about $444.
#7.) You save $175 by NOT buying newspapers.
#8.) You save $161 in gas.
#9.) You save $110 . . . or 33% . . . on non-prescription drugs.
#10.) And you save $46 in postage, since you pay bills online.
