There are a million ways to reduce the amount of money you’re spending. If you’re looking to put away a little bit of money and cut down on your monthly bills, take a look at these easy ways to save money every month.
Cut Out Cable
Think realistically about how much you watch TV. Then think about how much of it is actually live. If you’ve bought a TV in the last 10 years, odds are you own a smart TV with apps either already installed or available for installation. One of the biggest reasons cable is still around is because many people think it’s something they just have to have. You don’t! If all your favorite content is on streaming services or available to stream, why pay for a thousand channels when you might watch five of them? There are even new free streaming services that offer options for channel surfing.
Host Gatherings at Home
You know how expensive it is to go out to dinner and a movie. Hanging out in a bar can also rack up a pretty big tab. One of the easiest ways to save money every month is by inviting people over instead of meeting out somewhere. If you host a BYOB or potluck event, everyone saves money on drinks, food, and tipping. Whether you want to have everyone over to watch the big game or just to hang out, meeting up at someone’s house saves everyone money. And you can stay as late as you want!
Keep an Eye on Utilities
This one is obvious, but so many people don’t take it into account. It’s as simple as taking shorter showers, turning off the lights when you leave a room, and even cutting down on cooling costs. Utilities and electric cost more in heavily populated areas as well as in very remote areas; places such as New York City, Boston, and Hawaii have some of the highest electric rates in the country. It may not seem like a significant cut the first month, but if you keep actively trying to cut down on your utilities, you just might find you’ve saved quite a bit of money during the course of a year.
No matter what your financial situation is like, it’s always good to save a little bit of money once in a while. Cutting cable, hosting events at home, and paying attention to your monthly utilities are all fantastic strategies that will keep your wallet thick.