7 Expenses You Can Cut
Saving money can be difficult, but it can often be as simple as cutting certain things or activities from your daily life. Save money by cutting the following suggested money drains from your budget.
One of the places people waste money the most is their grocery bill. Rather than buying convenience foods, go for unprepared foods like raw veggies and meats and make your meals from scratch. To save even more money, make your meat last longer by bulking up portions of rice and pasta and reducing your portions of meat — or by eliminating meat entirely from several meals. By doing this, a family of four could save $240 per month on groceries.
Cable has long been the king of living room entertainment. According to U.S. News and World Report, the average cable bill runs around $80 a month, making it an area ripe for reduction. If you only watch a couple shows, shelling out for hundreds of channels could be entirely unnecessary. You can easily and cheaply replace your cable service with show-streaming services like Hulu or Netflix using just your internet connection.
It can be tempting to grab a cup of joe at a coffee shop to start your day. But, dropping that takeaway coffee and making some for yourself before you leave the house could easily save $80 per month.
Renting movies rather than seeing them in theaters, enjoying free concerts rather than paid ones, and checking out books at the library rather than buying them are all good ways to save money spent on entertainment.
There is a reason eating out is so attractive. It’s simple, convenient and could potentially offer nicer food than what you keep in your fridge. That convenience comes at a high price when compared to cooking at home. You can save big by cooking up large dishes on the weekend, freezing them and eating portions of them during the week.
The night out at the bar
Going out for a night at a bar is fun, but buying drinks can be detrimental to a limited budget. Habitual bar-goers should cut back or even try going alcohol-free for a month to see how much money they save.
Calling in the workers
One major drain on a household budget is calling plumbers and other highly-paid people to maintain your house. Instead, learn to perform some of those maintenance duties yourself, reducing pricey service calls (although if any project makes you uneasy, you should still call in the experts).
Cutting expenses can be a good and easy way to save money, and the items and service you can cut certainly aren’t limited to this list. For any expense, ask yourself if you need it or if you just want it. The answer could save you a good deal of money.