Now that 2017 just flew by, it’s time to look at the upcoming year and see how we can all save some money! Here are some tips to tackle the New Year’s with a money-saving bang.
Chop Off Unused Memberships and Subscriptions
Haven’t been to the gym in 3 months? Haven’t logged into your Netflix account in a while? Paying for a magazine subscription that you simply recycle because you don’t have the time to read? Whenever you realize that a membership or subscription has turned into a monthly donation instead, it’s time to say goodbye.
If you’ve put this off, it’s time to buckle down. You can save hundreds of dollars a year by finding the best prices are your constant expenses like utilities and insurances. Price comparison shopping isn’t even that difficult. You can find comparison sites online or even make a few calls. Get at least 2-3 quotes on each expense. The big ones to concentrate on at least once a year (or at the end of each contract) are electricity, car insurance, home insurance, cell phone plans, and even extras like cable.
Food can easily become one of the top expenses of any budget. Even groceries can cost hundreds more than necessary as wants seem to become needs. Think of your favorite meals. Then think of the least expensive ways of making them happen. Lunches can be made as one pot meals on the weekends and packaged individually for the week. Dinners can be more at home with the occasional night out as a treat. Most of your favorite dishes are actually tastier at home if you get a little practice with spices and whatnot.
Analyze Wants Vs Needs
A huge thing to do at least annually is to take a close look at your outgoing money and really think about each expense. Do you need it? If not, does it make you happy continuously? Does it better your life? Look at your life’s priorities and schedule then spend accordingly. You may be surprised to notice that huge chunks of your money aren’t going to your personal priorities at all.
What do you try to do each year to save money?