The Geico/Warren Buffett Savings Hack

"Berkshire Hathaway owns GEICO Insurance, and shareholders of Berkshire Hathaway get a discount of 8% on their insurance premiums... As of the time this article was written, type A stock had a price of about $205,000 and type B had a cost of $137... If your only motivation to buy these stocks is to get the discount, I would probably recommend going with the type B stock. After you have purchased the stock then call Geico at 1-800-861-8380 and tell them you want your Berkshire Hathaway shareholder discount. It’s as easy as that."

Check out the entire tip here: ArtofBeingCheap.com

------- [Photo by Steve Dunleavy]