If you want to see your monthly expenses go down and your savings go down, it starts with finding ways to save every day. Here are 5 ways to get started:
#1: Find Free Entertainment
If you continually find yourself paying for movies on Amazon Prime Video or paying for a Disney Plus account that you only use once a month, maybe try to find a free alternative. Find free online content or rent a movie or audiobook from your local public library. Maybe even look through your house a try to find a good book to read. Rich people say reading is better for you anyway! You know what else is free? Our Ideal YouTube channel.
#2: Use Energy-Saving Light Bulbs
Energy-saving light bulbs usually cost a little more at the store, but they save you big bucks on your energy bill. Next time your current light bulbs burn out, try going with those eco-friendly ones. You’ll be helping the environment and lowering your utility expenses at the same time!
#3: Cook in Bulk and Store Leftovers in the Freezer
Cooking your weekly meals in bulk and then storing any leftovers in the freezer will reduce how much you go out to eat and how much food you’re throwing in the trash. Most Americans waste a ton of money on food that they never end up eating, and cooking your own meals can cut that cost down really fast. Plus, this goes back to free entertainment. Cooking is fun!
#4: Brew Your Own Coffee
Starbucks is expensive. Dunkin Donuts is expensive. All you have to do is wake up like 30 minutes earlier before work, brew your own pot of coffee, and enjoy it for a few minutes out on your patio before you hop in the car to start your workday. Every time you go to Starbucks to get that Nitro Cold Brew in the morning before you go to work, you’re spending a whole bunch of money that you don’t have to. I know it tastes great, but if you’re serious about saving money, this is a necessary evil.
#5: Cancel Your Cable
Who watches cable anymore? Stop paying for cable, and any other service that you’re paying for and never use. Scan through your credit and debit card statements and look for any expenses that you aren’t actually getting any benefit from. Magazine subscriptions? When was the last time you read a magazine? Subscription to Disney Plus? You finished The Mandalorian weeks ago and haven’t gone back since! Stop paying for things you aren’t using, and no one really uses cable these days.