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The Times Real Estate

How to Cut Monthly Expenses: 5 Tricks Every Household Should Try



Being an adult comes with a lot of freedom – you can eat whenever you want, buy whatever you want, spend your free time however you want, etc. However, it also comes with one tiny downfall – everything seems a lot more expensive when you’re the one paying for it. Fortunately, there are ways to cut costs without sacrificing comfort. So, if you’re looking for ways to reduce your bills a bit, here are a few suggestions to consider.

Don’t blast the heat and AC

In summer, many of us like blasting the AC until we can comfortably walk around our home in a sweater. Similarly, in winter, some people leave the heating on until they can wear T-shirts. Needless to say, this creates extra expenses where you don’t need them, and lowering your heating and AC by just a few degrees can reduce your utility bills. And while you’re at it, don’t forget to clean and maintain your cooling and heating units, so they can function more efficiently. In short, instead of transforming your home into a sauna or an igloo, set your temperature to a comfortable level, and master the art of layering your clothes.

Choose your service provider

We often stick to the same service provider simply because we got used to it. It’s easier, and they all look the same. However, if you do some research, you might realize that they are not all the same. After all, there is constant competition in every field, and some providers will offer a better deal. The same goes for your energy providers. So, do some research, and if you’re from the Land Down Under, look for Australia's leading energy providers. It might seem like a hustle, but since your expenses do depend on your provider as well, it’s not something you should ignore.

Switch to LED lights

Switching your usual light bulbs with LEDs might seem like a big investment, but keep in mind that what they cost initially, you would eventually get back through lower expenses. Your energy bill is bound to drop, as LED bulbs are much more efficient than your typical lights, and they last longer as well. Of course, you don’t have to replace every bulb at the same time – you can upgrade one room at a time if it’s financially easier for you. Just start with the most active rooms, and the difference would still be visible.

Control your food expenses

Healthy food is expensive, nobody is denying that, but admit it – you’re probably buying things you don’t really need, too. When it comes to food, there are many ways to save money. For starters, start planning your meals, so you can also come up with your grocery list. Additionally, limit your visits to the restaurant – eat out only on special occasions. Finally, stop wasting food – prepare only as much as you need, and if you do make more, put it in the fridge and have it for your next meal. In short, stick to your grocery list, plan meals in advance, don’t eat out unless you have a good reason to, and you might even be surprised by how much money a bit of organization can save you.

Buy second-hand

Many people are surprised by how many great things you can find in second-hand stores. Sure, sometimes, it may require some digging, but often, you will find yourself in the right place at the right time, and you’ll find just the piece of clothing you were looking for. Second-hand stores used to be sort of a taboo, until people realized how many quality jewels they can hide for a very affordable price. So, don’t hesitate to give them a try.

Your monthly expenses depend on your own choices and habits. So, if you’d really like to reduce them, think about the listed suggestions, consider your own habits, and make some changes. By doing so, you should have a much easier time saving some money.

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