This post may contain affiliate links. Please read my disclosure for more info.(Last Updated On: November 28, 2018)
There are a lot of frivolous spending moments that people go through all the time. If you’re not budgeting right now, and you seem to be losing a lot of money, then it’s time to rethink everything. The first step to getting your finances in order is to start a budget, and stick to it. But if that’s not enough, that’s ok, here are the best ways to save money on bills.
Saving money on bills requires a little bit of ingenuity, but it could very well help you drop the overall overhead of your monthly routine, and establish a lot more savings with relative ease. Just test out these tips once, and see why so many are changing the way that they live, and garnering great success overall.
1. Stop Using Your Car (Go Public)
The first step towards saving money on bills is to drive less. Try to use public transportation, ride a bicycle, or find another way to get around.
This may be a bit stressful at first, but if you are careful, and you really look at ridesharing, and more, you’ll be able to save money on gas, maintenance, and much more.
2. Sell Unused Items
The best way to start saving money on bills is to start selling your media and items. Just sell them and take that money and save. This is going to help you get a bit more money to drop your debt a bit, and start saving money as you chip away at money you owe.
Now, this is not going to leave you without entertainment, mind you, as we’ll cover that next. Sell your items, and clear up clutter as well as get rid of things you don’t use.
3. Max Out Your Library Card
Every city has a library. Your library has a lot of media, books, and entertainment items. Your goal is to max out your library card. Your taxes pay for the libraries, so why not use them? In most cities, you could rent Blu Ray, Compact Discs, and up to 30 or more books at once. That’s more than a lifetime’s worth of reading and entertainment, and it’s 100% free of charge. Do not miss this opportunity. This will save you a lot of money on entertainment.
4. Cut Cable Television
If you’re still subscribing to cable television, it’s time to stop. This is not going to help you out. It’s going to suck up your money quickly. Instead of going this route, try streaming services, as there are streaming options for as low as $5.99 to $15.99 depending on what you want to watch most. Some options are bundled together like that of Hulu and Spotify, or Amazon Prime which has music, movies, and books all in one subscription fee. Whatever you’re into, you most likely can find it streaming, and for less money than you’re paying for even the most basic of cable solutions.
5. Use CFL and LED
The next thing that you can do is simple, change out your lighting solutions. Switch to CFL and LED bulbs instead, and you could save a lot of money annually on your lighting bills. These lightbulbs are not only cost effective, they help you reduce energy bills, and keep a lot longer. Some bulbs can last upwards of 10 years! That’s a lot of savings year after year, honestly.
6. Use More Free Entertainment
Aside from the library, did you know that your community has a lot going on? You could very well do a lot of things for free in terms of entertainment. You could see your local parks & recreation office, you could help volunteer, or find leagues and more that are low cost to join or free of charge. There’s a lot to do everywhere, if you just go out and look for the free and low cost options. Sometimes, you’ll even meet great people and could very well find your best friends.
7. Eat At Home (Make Your Own)
If you’re eating out a few times a week, it’s time to stop. This includes eating out for lunch. Start cooking and packing your own meals, and keep your leftovers as well. You need to make sure that you’re eating everything you can at home, so that you can save money on eating out.
If you absolutely like going out to eat, that’s not a bad thing. You should just try to cut back to a point where it’s a treat, and not something that you do all the time.
8. Buy Generic Items
Whenever you can, start buying generic brands instead of name brands. Now, you’ll want to read the ingredient list of items to ensure that you’re getting the same thing, but mostly, you can go with generics on a lot of things.
This includes medications that are often cheaper if you go generic. You want to look into all the items you buy and how the cost factors can diminish if you just switch brands a bit.
9. Reduce Your Phone Bill
If you’re spending a lot on a smartphone, then it’s time to reduce a little. Actively look at your cell phone plan and see how much data, calling and more you’re doing. If you see that you’re not spending a lot of time on the internet, but rather wi-fi, then push down your data a bit. If you can save a little money here and there, you could save hundreds over time. Call your phone operator and rethink the plan you’re on, as you can save a great deal by simply changing things up.
10. Take Shorter Showers
Figure out a faster routine to shower, and don’t use up so much hot water. In fact, start to lower your tolerance for hot water by introducing cold water, and you’ll find that you will save money and still maintain cleanliness. Shorter showers can help you save hundreds on your water bill per month. It can also save on electricity, and heating costs etc. Just remember to figure out a good routine so that you’re not sacrificing cleanliness.