3 Ways To Cut Expenses Easily

  1. Cancel subscriptions — If there are any magazines, streaming services or memberships that you are not using very much or at all, then cancel them! If it has been months since you actually used this product or service, then get rid of it. If you find out after that you miss it, you can always re-subscribe, when expenses are not so tight. Even though they aren’t costing you money directly, drop any email newsletters or merchandise catalogues that tempt you to make impulse purchases. Again, you may sign up again in the future, but you need to deal with now first.
  2. Reduce utility expenses — You can’t do without gas and electricity, but you can find ways to lower your utility bills. Like using Look After My Bills (www.lookaftermybills.com) to help find you a cheaper deal on your gas and electricity, every year. All you need to do is register and tell them when your current deal ends and they will do all the work for you. There are also other small things you can do around your property to keep utility expenses low, such as:
  • Turning off lights when you leave a room.
  • Using LED light bulbs, which cost more, but last longer and use less electricity, more than paying for themselves.
  • Unplugging any unused electrical devices, because many electronic devices draw a small amount of electricity when not in use, and this adds up.
  • Installing a smart thermostat, which enables you to change the temperature of your property when you’re not there, saving on utility bills.
  • Buying energy efficient appliances when replacing old appliances.

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Finance professional, blogger and a firm believer in making money work for you, instead of you working for it.

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Kalpen Patel

Kalpen Patel

Finance professional, blogger and a firm believer in making money work for you, instead of you working for it.

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