If money is tight right now, or if you’re just trying to live frugally, there are a number of ways to save money without having to drastically change your lifestyle. One of the best way to save money is by going through all of your recurring bills to see where you can eliminate or reduce spending.
In our age of user-friendly, advanced technology, there are more services available to us than ever before. You can call an Uber with one tap on your phone or order more laundry detergent by clicking the Amazon Dash button in your cabinet. With services this readily available to us, it’s hard not to sign up. Read on to learn how to save some money on your monthly services without having to sacrifice too many of life’s comforts.
There are countless ways to save on water, heat, and electricity. Yes, you can turn down the heat in the winter time and take shorter showers, but there are less commonly known ways to save as well. For example:
- Keep multiple electric-powered items plugged into one power-strip and power off the strip overnight. This will stop those items from consuming electricity in standby mode
- Insulate your windows in the winter time by using caulking, weather stripping, and shrink wrap your windows with heat shrink film to keep the heat in
- Some Saturday afternoon make a checklist of all of your home’s lightbulbs. Then go out and replace them with energy efficient CFLs and LED bulbs
- Hang clothes on the line in fair weather and wash your clothes in cold water; much of the energy consumed by washing clothes goes to heating the water up first
Remember when there were only a few good shows on TV and paying for cable was the only way to watch them? Now any given household can have Netflix, Amazon Streaming, HBO Go, and countless other monthly services for watching TV.
To save on watching your favorite movies and television, try these tips:
- Ditch Netflix DVD services or expensive premium cable channels and rent from your local library system. Through inter-library loans you can get the newest movies and TV shows shipped to your library for free
- Cancel your cable bill and try a cheap service like Hulu. If you’re worried about missing the news, use websites or news apps on your smart TV to keep up to date on the issues
- Negotiate rates with your provider. Sometimes all it takes is a phone call to learn about better options. Since many people are taking the internet-only approach, cable companies are desperate to maintain customers
Saving on telephone bills:
- First, ditch the landline. You probably only get telemarketers calling there anyway; what do you have to lose?
- Use a family plan and calculate your data usage. Make sure your family is on wifi whenever possible. You can save up to $30/month just by having a lower data plan
- Negotiate with your provider. Reminding your provider that you have other options when it comes to cell phones can get you a better rate.
General tips and tricks:
- If you have a student email address (.edu) this can be used to gain discounts from a number of monthly services
- Ask your providers to apply promotions to your account. If you see that something you pay for is running a deal, call and ask if you can have the rate as well. You’re a loyal customer after all
- If you’ve built up good credit, look for lower interest rates online. There are apps and websites dedicated to finding you better deals