If you are looking to cut expenses down you are on the right track when it comes to saving a few extra dollars a month, in addition to just taking a look at unnecessary expenses. Sometimes items that you use (or don’t use) could be cut as well, so it might be a good idea to take a look at what might have thought were normal expenses, and see if you can tweak a little.
Cancel Your Gym Membership
So as soon as January rolls around, maybe even December if you want to get a jump on the deals, you write down your New Year’s resolution that you want to start going to the gym to lose a few pounds. You get into a rhythm, start going regularly and you see the weight start to come off. Well something happens where you have to miss a day, and then another, and it’s the whole week you haven’t gone. Well it gets harder and harder to go back once you missed, and pretty soon you are paying every month and not even going. Save yourself the $25-50 a month you are spending and start to run, or at least walk, cut the grass, and work on your landscaping outside now that it is nice.
Cut the Cable Cord
Speaking of the weather and being outside, what are you doing inside watching TV anyways? What better time to cut the cable cord then now. With all of the streaming like Netflix, Hulu, and Amazon Prime, cable is becoming less and less like a priority with the rise of DVR and binge-watching, showing little need to watch live, and therefore increasing the need to cancel the always rising cable bill. Without the need to pick specific channels to watch, it is less realistic to pay for all of the channels that are going to waste along with the money in your wallet.
Use Cash Instead of Credit
When you make a purchase and hand over your debit card there can be little thought about the money you have in your account and where you will be after the purchase, let alone use a credit card with virtually an endless amount of spending that could occur before you hit your limit. In an effort to reduce purchases and at least give thought before handing over your card, try using cash instead of plastic. You can then physically see the money leaving your hand, and only leaving you a certain amount until your next paycheck.
Skip the Bottle and Drink Out of the Tap
Yes, if you buy a case of bottled water from Costco it can only be a few dollars. If you’re grabbing a couple for work, having after dinner, and taking one upstairs when you go to bed, you could be going through a case every few days, which if you add up over the course of a month or even a year, it could be huge savings if you could just take a water jug and fill up with the tap water as needed.