30 Common Sense Tips To Reduce Expenses

By: Judyturner
Are you feeling overwhelmed with the high cost of living these days? If you think it is impossible to cut back any more than you already have think again. Here are 30 different tips to cut expenses. Even if you followed a few of them you could find that it is possible to make your money go further.

1. Cut back on energy costs whenever possible. Hang clothes instead of using your dryer whenever possible (outdoors in nice weather and inside on racks during bad weather). Use energy saving CFL lights. Get in the habit of turning off lights and appliances when you leave a room.

2. Skip the movies and rent or borrow dvds. You will also save money by making your own popcorn.

3. Instead of meeting friends for coffee or drinks invite them over for potluck. Take turns each week at each others house.

4. Carry your lunch to work.

5. Share rides to work with co-workers or use public transportation.

6. Buy generic drugs instead of branded ones.

7. Use coupons while shopping at grocery stores, and always shop according to a list. Preferably shop on double-coupon days. Maybe, you can buy supplies from bulk food warehouses.

8. Call long-distance in the evening and on weekends. If you make a lot of long distance calls look for a plan that offers unlimited free long distance.

9. At the end of the day get into the habit of putting all your spare change in a jar. Once it is full roll it and put it in a savings account. Some banks will even count it for you for free.

10. Never pay full price for clothing. Check the sales flyers in your Sunday paper. Why pay full price on a pair of jeans at one store when another store is having a sale?

11. Stop smoking. Easier said than done but can you really afford not to?

12. Doing little things like not running the water while brushing your teeth will save a lot of water.

13. Don't waste money on a gym - instead, jog, walk, workout at home or cycle.

14. Maintain your car yourself - i.e., do basic stuff like changing the oil, washing it, etc.

15. Shop discount stores. But be careful, sometimes you can still find the items cheaper on sale somewhere else.

16. If you're paying a high interest on a mortgage or credit card - refinance it, change it or consolidate your debt to save on interest.

17. Eat out less. Try to keep stocked up on the ingredients for quick meals to keep from going through the drive-thru on days you are just too tired to cook.

18. When shopping for large ticket items it pays to shop around. Some stores will even match competitor prices.

19. Is rent high where you live? consider getting a roommate or move if you have to.

20. Check out Freecycle.org for getting free stuff or getting rid of things that you don't use. Many communities have their own chapter.

21. Subscribe only to the TV channels that you watch and cut out the rest.

22. We all like to splurge once in a while on things like manicures but if are trying to save money consider doing this yourself.

23. Open a savings account that you use just for emergencies. If possible have just $5.00 per week taking right out of your paycheck and work your way up. This will come in handy the next time you have an emergency car repair.

24. When shopping for your work wardrobe try to avoid anything that is "dry clean only".

25. Shop around for cheaper car insurance, homeowners, etc.

26. Drink less soft drinks and more water. Not only will it save on your grocery bill but it is also better for your health.

27. Reduce clutter and earn some extra money with a garage sale.

28. Pay bills on time to avoid late fees and higher interest rates.

29. Try your hand at gardening. If you are limited on space check online for information on raised beds or container gardening.

30. If there is some luxury that you can not live without then by all means try to figure it into your budget once in a while. We all deserve a little luxury in our lives!

Whether you try just a few of these tips or all of them, these tips can really help you stretch your budget.
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