Cut Down Monthly Expenses with These Tactics –
I don’t know about you but the need to cut down monthly expenses stares at me almost everyday now. I have noticed how almost every week prices of daily household items are creeping up. I went to my local supermarket the other day and to my surprise, when I got home I noticed that the toothpaste I normally buy even though I paid the same usual price tag but the content had been reduced! It was smaller size toothpaste than the usual!
How cheeky is that?
Anyway, if you look around you, the economic situation is not getting any better and so it is up to individuals to make every necessary adjustment to stretch their hard-earned money. Cut down monthly expenses and make your money last longer – so to say! There is absolutely no shame in wanting to save money on your monthly expenses. Apart from saving you some bucks, think of the lessons you’re teaching the next generation, because believe me… it’s not going to get any easier for them and the earlier they start learning the better prepared they’ll be.
Recommended Post: How To Empower Your Teenager To Be Financially Literate
Likewise, as a result of the current state of the economy, flashing your frugality is actually considered to be cool! Plus, the more money you save on necessities, the more money you can spend on what you really want… things that really matter to you!
Surely, you’re aware of the obvious money-saving ideas, such as clipping coupons, or riding your bike instead of driving, but you could save much more by taking an unconventional approach on your expenses.
Below are 3 uncommon tactics you can use to cut down monthly expenses:
1. Grow Your Own
Groceries are getting very expensive. And, while clipping coupons may save you money, items such as vegetables rarely go on sale. Therefore, if you make the effort to grow these items yourself, you stand to save quite some few bucks each year on groceries without coupons.
If you haven’t already, start a vegetable and herb garden in your backyard. Alternatively, you could grow them just as well in decorative pots on your patio. There are also miniature varieties of fruit trees, which can provide you mounds of fresh fruit in a small space.
Even if you choose to grow just one vegetable, such as tomatoes or onions, it’s one less £3 purchase at the grocery store each week. In fact, if you save £3 per week on just one vegetable, you can save £156 per year. Growing a variety can save you at least £10 per week, or £520 per year, on fresh produce.
Isn’t it amazing when you put numbers to these items?
Save even more by learning how to preserve your own fruits and vegetables. A food dehydrator makes delicious snacks and trail mixes of dried fruit, saving money on snacks. You could even use your home-made preserves as gifts, saving you even more money during the holidays.
Tip: If you purchase flowers on a regular basis, consider growing flowers at home so you can create your own bouquets for free. And, if you plant them in your front yard, you also boost your curb appeal!
I personally don’t do flowers…. they make me sneeze!!
2. Make Your Own
In a modern household, bread and fizzy drinks or juices can take up a considerable part of the grocery budget. If you have hungry teens or pre-teens in the house – like we have, you’ll find that sandwiches (with a side of soda drinks) are one of the most requested meals.
Therefore, if you make your own bread and fizzy drinks you can save well over £10 per week. Making your own bread isn’t very difficult. While a bread maker helps the process go far quicker, making your bread from scratch isn’t difficult at all! The smell of fresh bread in the mornings is heavenly…
You can make any variety of bread that suits your family’s fancy. And, the best part is that the bread will be made for just pennies on the pound. And, if you use coupons to purchase your ingredients, you’ll save even more money!
Added Bonus: Because you get to choose your ingredients, your bread will be a far healthier treat.
Making fizzy drinks at home can take less than 60 seconds if you purchase a soda machine. A soda machine is compact (no bigger than an automatic can opener), and costs less than £70 including the soda flavouring, the carbonation can, and carrying bottles. If you currently spend about £5 per week on fizzy drinks, you can save £260 per year.
It’s all adding up…
3. Make the Most of Freebies
Companies give samples for a reason – because it helps them build customer loyalty and spread the word about their new product. Use this to your advantage by signing up for free offers from well-known brands of foods and household products, such as laundry detergent and cleaning products.
Well-known retailers commonly release these types of freebies:
- Air fresheners
- Laundry detergent
- Cleaning supplies
- Link Sausages (select brands only)
- Pens, pencils, markers, highlighters
- Feminine products
- Shampoo/conditioner u>Magazines
- Photo printing
- Recipe books
- Breakfast cereals
- Dog foods/treats
- Coffee/tea samples
You can save considerably by simply signing up for free offers and receiving the items you would normally pay out-of-pocket to use. You won’t get a full-sized product in a free sample, as the size of the sample will be small, generally less than three ounces in most cases.
However, a sample size of shampoo can easily provide you with almost a week of free shampoo. And, by receiving a free sample of coffee that makes two servings, you can save £4 if you usually purchase your morning coffee at Starbucks, McDonald’s, or Costa Cafe.
In some instances, by combining samples, you can create a meal for a small family. Or feed your cat or dog for a day. Or clean a week’s worth of laundry by simply using the samples.
By devoting just 10 minutes each day to signing up for free sample offers, you can drastically minimize your expenses and have free samples delivered to your mailbox a few times each week. In addition, you’ll often receive high value coupons with your freebie, which you can later use to get a free full-sized item when combined with a store sale.
There are a million ways to save money on your monthly expenses; you just have to be willing to think out-of-the-box. Start small with your saving efforts. And, once you see how much money you can save each month by incorporating these simple ideas into your life, you’ll be addicted to slashing your expenses!
In your effort to cut down your monthly expenses, ensure you carry the whole family along. Even your teenagers will see it as fun and before you know it, it will become a way of life that will help them a great deal in the future.
If you want tips on how to slash your utilities bills, click on the image below for my Action Guide – “25 Ways to Slash Your Utilities Bills”. You’re bound to find some really helpful stuff!! Go on…click the image below, it’s FREE.
If you have enjoyed this post about how to cut monthly expenses, please share the love… leave your comment below and share this content. Blessings to you and yours!
[Tweet “Are you looking for effective ways to reduce your monthly bills? Discover 3 exceptional ways to cut down your monthly expenses for more disposable income”]