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.

--

--

--

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

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Business loan, grants for small business?

Have a Worse Car Than Your Neighbor

Passive income can be generated through rents, dividends, entitlements, and automated sales of products. For example, renting an apartment where you live all year round except for vacations, or renting a parking space.

🔥🔥PEAFARM HOLIDAY ANNOUNCEMENT🚀🚀

5 Apps To Curb Your Spending and Save You Money

Social Security Death Benefits

Robinhood eyes $30 billion IPO deal

My credit score went down to 740. How long does it take to go back up?

Actively manage your life

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Kalpen Patel

Kalpen Patel

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

More from Medium

The Reason Why You Struggle to Sleep and What to Do About It

To boost your energy and have a happier productive life try these 7 tips — Just Life Trends

Starting a Food Company?

Movement Breaks: The Quick, Effective Way To Banish Fatigue And Feel Refreshed