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Consumer Minute: 4 ways to save big money in 2013

8:05 AM, Jan 2, 2013   |    comments
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It's lights out for 75-watt incandescent light bulbs! The U.S. government is pulling the plug on them. They can no longer be produced or imported, but retailers can sell the rest of their stock. The idea is to encourage consumers to buy energy-efficient bulbs instead.

The experts at "Smart Money" say you can save big in the new year in 4 key areas of your life. First, buy a used car. More used vehicles are coming onto sales lots and dropping prices. Second, drop cable and stream your favorite shows instead. Cable providers lost at least half million subscribers last year to alternative sources. Third, it's time to buy that flat screen T.V. Prices are falling as fewer people are buying television sets. And finally, the cost of e-books should go down as retailers get more flexibility to set their prices.

More than 200,000 people in Ohio will see a small bump to their paychecks. Minimum wage workers are getting a raise on January 1, 2013. Minimum wage will go up 15 cents to $7.85 an hour. For tipped workers like Laurie, their base pay goes up to $3.93, an increase of 8 cents an hour.

WKYC-TV

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