Hidden Ways You Can Save Money on Monthly Home Bills

| October 7, 2020
Monthly Home Bills

Monthly Home Bills

Even households who think their monthly bill expenditure is small can save a tremendous chunk of change over the course of the year by making a few simple adjustments and changes to their budget.

Households that need to cut costs can choose from many simple money-saving strategies. Try out some of the following ideas if you would like to reduce your monthly home bills.

Where’s Your Money Going?

We often spend money each month on subscriptions and services we have long forgotten or no longer need.

At a cost of even $10 per month, one or two services adds up to more than $200 over the course of a year.

Examine your credit card and bank statements now and cancel any unnecessary or unwanted subscriptions or services.

Compare and Save

The internet provider that gave you an outstanding deal last year may be the most expensive choice this year.

Do not be afraid to compare the costs of all services used in the home, from the internet to auto insurance.




No two providers charge the same rates so the potential for savings is there if you look.

Schedule Annual Service

Preventative maintenance keeps appliances, fixtures, etc. efficiently operating for a longer life span and reduced breakdown.

Scheduled maintenance checks once or twice per year on all major appliances. AC service, HVAC service, and pest control are a few annual services needed in your home.

Consider Alternatives

Cut the cable cord and opt to watch television via a streaming service. Monthly cable costs may run $100 or more while a streaming service costs as little as $10 per month, depending on your preferences.

Do you still need a home phone? Most of us exclusively use our cell phone, making this extra bill unnecessary.

Make a Shopping List

A shopping list saves time and money, both things most of us need more of.

You will plan better meals with a list and buy fewer snacks and foods the family doesn’t need and that is not good for them.

Shop Better

Store A may be closer than Store B, but if prices are double the price, driving a little further may be worth the savings during bigger shopping trips.

Compare prices at a few different retailers to determine if it’s worth that drive.

You don’t need to make dramatic changes to your monthly home bills in order to save money. 

 

 

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Category: Family Finances

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