Cut Household Expenses

By: Michael Stevens
Staff Writer
Published: Aug 19, 2021

Cut household expenses to save money on utilities, insurance, and entertainment.

Cut household expenses to save money. You don't need to pay large bills each month for household expenses, start the cut and watch the savings. Here are a few tips that will help you get started.

If you have high-speed Internet service, you can save more than $20 per month by bundling. In fact, if you make long-distance calls, you could get them all for free. Bundle your Internet service with your cable or DSL provider, because the it's a flat-monthly rate, with free long distance.

You can always cut back on extras. If you eat out a lot, try cutting that by 50 percent. It's always cheaper to eat at home, and you it's a lot more healthier.

Groceries can be expensive, but try shopping at a store where it offers you a "buy-one-get-one-free" item. In addition, start clipping coupons because they add up. You could cut your grocery bill by 50 percent.

Car insurance is costly, but did you know that your monthly payment depends on your deductible? If you're a safe driver, why pay the extra money? Set money aside for your deductible and ask your insurance company to raise it. Higher deductibles will lower your monthly payments.

If your household air conditioner is running up your monthly utility bill, install a new energy-efficient one. It can also be a tax deduction. You could reduce your utility bill by 40 to 50 percent.