Paying bills is no fun but it is a responsibility that we all have once adulthood reaches us. Most of our money is spent on these living essentials, such as lights, water, and rent or a mortgage. If you’re like most people, saving a bit of cash on these bills would be nice, but how can you ever reduce these numbers? Take a look below to learn three easy ways to cut the costs of your monthly debts and save more of your money.
1. Stop Paying Online: $3 may not seem like a lot of money to pay a bill online, but when you pay several bills this way each month, it adds up to a nice chunk of change each year. If you pay only 4 bills online each month and encounter a convenience fee, that’s more than $120 per year. Stop paying those fees and you’ll have a ton of cash left over.
2. Compare Your Options: Although on TV provider might have a bigger name than the next, they’re also likely the most expensive, too. Compare your options and find affordable tv service, phone service, etc. and watch how much money you have saved at the end of each month.
3. Upgrade: If you think that spending money to upgrade the appliances around the home is too costly, think again. You reduce the risk of appliance breakdown and the stress that comes with that when the appliances are fresh and new. Plus new technology almost guarantees that the upgrades will considerably reduce the amount of money you spend to heat, cool, and otherwise create a livable home.
There are tons of simple ways to reduce the expenses you’re out each month. Start with the three above and watch your cash flow increase dramatically, like magic.