When it comes to saving money, we could all use a few helpful suggestions. Here are seven ways to cut expenses. You may or may not agree with each one, but it's worth a discussion.
#1 Drop all the paid TV services. Even the $8 a month for DVD rentals can add up over the course of a year. Plus, many TV shows are now available online free. Remember, when TV came to your home free over-the-air? It still does with the proper antenna.
#2 Quit buying new books and magazines. At the very least, find a good used book store like the one in the Los Cerritos Mall. You can read many bestsellers for $1-$3 each. Libraries are still an option, too. Consider swapping books with a friend who loves to read. Some people have a bigger home library that you would realize.
#3 Eating Out in expensive! You can cook at home for much less. If you miss the social aspect of it, consider taking the family out for dessert occasionally. Especially, when there's a BOGO coupon (buy-one-get-one).
#4 Watch the travel expenses. Do you really need two or three vehicles? Insurance premiums alone are a killer! Is there any chance you could somehow benefit from public transportation? Don't forget how quickly the maintenance costs add up over time. And, let's not even get into new versus used vehicles. Either way, it's your second largest investment and simply depreciates in value from year to year.
#5 Hair and Nails. Oh, no! You thought we would forget. This can save hundreds of dollars in a very short time. Is there a talented hairdresser than doesn't charge as much as you've been paying? Also, consider doing it at home or going an extra week or two between salon visits.
#6 Phones and Internet. Do you really need that landline? You could save as much as $100 a month without it! What about your cell data plan? Are there any new promotions that would cut your bill? As for the Internet, are you paying too much for the download speed that you get at home? Talk with your DSL provider and see if there's a less expensive plan that still covers your email and web surfing needs.
#7 Groceries. Plan ahead and make yourself a list of weekly meal suggestions. It's the best way to save on your grocery bills, without the usual impulse buying. Coupons can trim your bill, or shop at a well-known establishment that offers lower prices instead of coupons. Have you ever done a little comparison shopping for the things you usually purchase? It can be shocking! Some items are DOLLARS less from one store to another. Again, it really adds up over time.
Do you have any additional suggestions? Let us know. We'd love to share your comments, too.