How to Save on Household Expenses

By Brittany Loeffler on August 30, 2019

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Finding ways to save money is essential while attending college or just starting out. The best way to save money each month is by cutting back on household expenses or finding alternatives to spending a lot of money. While there are some things that you must spend money on, there are other things and services that you can live without. To help lower the cost of your monthly household expenses, we’ve come up with a few things to cut back on and how to save money on the necessary things.

household expenses

via Pixabay

Be Energy Efficient

Not only will becoming energy efficient help you save money on household expenses such as your electric and gas bill, but you are also helping the environment. While the start-up cost to becoming energy efficient may be a little much, in the end, it pays for itself. You can start by buying energy-efficient appliances and switching to energy-efficient lightbulbs. Not only are these products better for the environment, but they last longer too.

If you don’t have the means to buy energy-efficient appliances, you can simply make sure that all of the lights are off when you leave a room. Unplug electronics and appliances you aren’t using at the moment. While these changes may seem small, overall they can save you quite a bit when it comes to your utility bills.

Cancel Unnecessary Subscriptions

Subscriptions can really add up, especially if you sign up for them and then forget about it. While $10 here and $15 there doesn’t seem like much, when you pay multiple subscriptions each month, this cost can really add up. So, write down the services you have subscribed to and figure out which ones you can cancel. Do you really need a Hulu, Amazon Prime, and a Netflix subscription to stream movies and tv shows? Probably not.

Make a Meal Plan and Clip Coupons

Groceries and eating out can really cut into a monthly budget, especially when you’re trying to lower your household expenses. Rather than eating two or three times a week, make your food for the week in bulk. This way you can just warm it up in the microwave when you have a crazy busy day.

When making your grocery list for the week, take a look at the current sales the store is having and any coupons that may be in the paper. Base your week’s meals off of these sales and coupons. It also helps to create a meal plan so you don’t buy food that you’ll just end up throwing out.

Bundle Your Services

Some companies offer great deals when you bundle multiple services from them. For example, if you pay for cable, WiFi, and telephone service, you can save money when you bundle them at the same company. Insurance can also be bundled. So, if you pay renters insurance and auto insurance, your insurance company will probably give you a discount when you combine your policies.

Homemade Cleaning Supplies

There is no need to spend extra money on expensive cleaning supplies anymore. Now you can make your own with simple ingredients that you can find in your pantry! Not only will this help you save on household expenses, but you will use a natural cleaner without harsh chemicals. It’s better overall for the environment and maybe even your health. You can create an all-purpose cleaner with just vinegar and baking soda. To make these cleaning supplies smell fresh, you can add essential oil drops to the mixture.

Find Affordable Entertainment

There is more to life than just going to work, coming home to eat dinner, going to sleep, and doing it all over again. It’s important to go out to have some fun and enjoy some entertainment often. However, these costs can really add up over the month. So, instead of going to the movies every weekend, try renting a movie at home instead and make a night of it. Opt for buying used books rather than a new one from an expensive retailer. Or indulge in free activities such as hiking or watching a sunset.

Learn How to DIY

A huge part of living on your own is learning how to fix things around the house. While it takes time to learn these skills, they will help you lower household expenses because you will be able to fix and do things yourself rather than pay someone else to do it. YouTube is a great place to watch videos on how to fix certain things around your home.

Save on Household Expenses

While there are some items and services you absolutely have to pay for while living on your own, there are ways that you can cut back on those household expenses. Be more conscious of the electricity you use, examine your monthly subscriptions, bundle services like insurance, create a meal plan to save money on food, opt for cheaper entertainment, and learn how to do things yourself. You’ll be surprised at how much you can save!

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