How is your budget looking? Are you feeling the pinch of a stretched budget? Household expenses can really put the family budget to the test when you are already stretched thin. The key is to allow some room in your budget to make way for savings in addition to any emergencies or any surprises that may come up. Luckily, there are some really easy ways to save money on your household bills.
Simply following some of these easy tips, can make a huge difference your family’s financial situation.
Call and Ask for Discounts
Sometimes something as simple as a phone call can save you a lot of money throughout the year. Many phone companies say that you can just ask for a discount to save $10 or more each month. That’s over $100 per year that you can put toward your savings goals or other expenses.
Cut Down on Useage
Less is more! For starters, you can use less power to save more money. Turn off your lights when you aren’t home. Unplug electronics and small appliances when not in use. Use weather stripping around doors and windows. Use a clothesline instead of an electric dryer, your clothes will smell better, last longer and it’s free! The less is more rule works with phone bills too. Opt for a phone plan that uses less minutes or data to save money on your monthly bills.
Insurance is a large expense for most families, if you call around and compare rates through different insurance companies, you can likely save a significant amount of money. This is true for car insurance, homeowners or renters insurance as well as medical insurance. This is another example of how a simple phone call can save a lot of money.
Cut the Cord
The average family spends $100 each and every month on television services such as cable or satellite. Cancelling cable in favor of a streaming service such as Netflix, HULU, SlingTV and Amazon is a big money saver. Each of these services cost just a fraction of what satellite and cable cost.
How do you keep your budget in check? Do you have any tips that we haven’t mentioned here?