If your family is one of the millions that get to the end of each month and then wonders why there is nothing left in your budget, you have come to the right place.
Why? Well, it’s because with some simple methods you can reduce your monthly spend, something that can leave extra money for life’s essentials, emergencies, and even a little fun now and then.
Read on to find out more…..
ow, I’m not saying that’s entertainment should be cut back altogether. After all, it is essential both for family bonding and to help everyone chill out and reduce stress.
However, the entertainment area is often somewhere in which smart saving can be made.
The first of these is to check just how many TV and Film subscription you have going at one time. I’m taking Sky, Virgin, Netflix, Now TV, and Amazon Prime here.
Then pick just one to keep and give up the rest. You’ll save money, and you’ll have a little less to choose from, something that can actually be a good thing if you are prone to arguing over who gets their pick!
Secondly, when you want to take the family out for dinner or to do something fun, feel free! Just make sure that you check the offers and vouchers first.
After all, you can save a fortune doing this and have the same experience as if you have paid half the price. Something that will allow you to save money, or if you are feeling like you need a treat do an activity that would have previously been out of your price range.
The bills have to be paid right? Otherwise, you get someone knocking on your door! However, how much you pay each month maybe something that is up for negotiation.
Of course, the easiest way to reduce your monthly payments is to find things like best car loan rates by using a comparison site.
In fact, there are also sites dedicated to best utility rates, credit card rates, and even insurance rates as well. Do this for all the categories of bills you have, and you can really save a great deal.
Also don’t be afraid of a little negotiation direct with your providers, especially if you have been a loyal customer for a long time. After all, they don’t want to lose your business and so may be able to offer you preferential rates.
Lastly, when it comes to saving money, one of the easiest things to do is to examine your food and grocery purchases when considering your monthly spend..
In particular, it may be time to say goodbye to costly takeaways at the weekend. Of course, you can still have a treat or two, just buy them at the supermarket along with the rest of your shop. They will be much cheaper that way.
Also, don’t forget that anything you buy that is prepared will cost more, maybe just a few pence extra on a single item, but over time this can really add up.
That means if you are committed to reducing your monthly spend over the long term it’s best always to pick loose items that you have to peel or prepare yourself.
Why don’t you take a look at my guest post:-