By Simon K Dunn
It seems like no matter where you are at or who you are talking with the topic nearly always turns to money matters. Many cannot find a job or they have had to accept a job that pays considerably less than what they are accustomed to making. People everywhere are having a hard time making ends meet. Here are some easy ways to cut expenses that will help you save money.
A good place to start saving is with your clothing expenses. Forget about buying new clothes with a brand name sewn on the inside. Many times those same clothes can be purchased nearly new at a thrift store or consignment shop for one-fourth to one-half of the original price. By purchasing three coordinating tops and three coordinating skirts, you can have nine different outfits. Add some belts, scarves and jewelry, and you will have even more.
Coupons can add up to quite a savings on your groceries. You can find them in the local Sunday newspaper, in the grocery store and online. Many smart shoppers are finding they can save 50% or more on their groceries each week just by using coupons.
Unless you are a couch potato that spends all of your time on the sofa watching television, you are probably paying too much for your cable TV. Very few people watch all of the channels that their plan includes. Why not pick out three or four of your favorite channels and limit your cable TV to those? You can put the money you save into a special savings account.
Look for items that are reusable when you need to purchase something. For example, purchase a battery charger and rechargeable batteries instead of constantly buying new ones. Rechargeable batteries cost much more initially, but in the long run, you can save a considerable amount of money. Another example would be to purchase an artificial Christmas tree.
Stop using your credit card until you have it totally paid off. After that, only use it if you can set aside the money to pay off the bill completely when it comes due. You can save an enormous amount of money in a year just by saving all of the finance charges and interest that you would have to pay on your credit card each month.
Would you like to be out from under the bondage of a mortgage payment? All you have to do is pay one extra payment a year, and you can cut your mortgage payment back from thirty years to eighteen years. That will help you save a considerable amount in interest payments.
Avoid the temptation to spend. You can do this in two ways. Only go to the store when you need to purchase an item. Never go to window shop. When you do go to the store, only take the money you know you will need with you. This will help you cut down on compulsory buying.
Work hard and try to find other simple ways to cut expenses and save money. Evaluate everything in your home that costs you money to have, and ask yourself if it is really necessary or if there is a way to cut back on what it costs. As you cut back, you will be amazed at how fast your savings will grow.
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MLA Style Citation:
Dunn, Simon K. "7 Ways To Cut Expenses And Save Money." 7 Ways To Cut Expenses And Save Money. 2 Jul. 2010. uberarticles.com. 24 Oct 2014 <http://uberarticles.com/finance/loans/7-ways-to-cut-expenses-and-save-money/>.
APA Style Citation:
Dunn, S (2010, July 2). 7 Ways To Cut Expenses And Save Money. Retrieved October 24, 2014, from http://uberarticles.com/finance/loans/7-ways-to-cut-expenses-and-save-money/
Chicago Style Citation:
Dunn, Simon K. "7 Ways To Cut Expenses And Save Money" uberarticles.com. http://uberarticles.com/finance/loans/7-ways-to-cut-expenses-and-save-money/
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