12 August 2020

3 Easy Ways to Cut Expenses at Home


Despite many people working 40+ hours a week, many Americans still struggle to save. In fact, stats show that well over half of all Americans have less than $1000 in savings. A big part of this is the hefty monthly expenses that most people have. From groceries, to subscription services, to car payments and everything in between, there are a lot of expenses that most people are responsible for.

While some people can find a second job or work overtime to keep up, others aren’t so lucky. Thankfully, you aren’t doomed to barely treading water if you can’t make more money. There is the option to cut down your spending. While this might seem like a huge ordeal and a lofty goal, that isn’t always the case.

With that in mind, this blog post is going to go over 3 easy and simple ways to cut your expenses at home.

Reduce Electricity and Energy Usage

One of the first things to think of when you want to cut expenses comes down to reducing your energy and electricity usage. Our power and energy bills are some of our largest every month, but they don’t have to be. Be sure to turn off all lights when they’re not in use, and limit how often you turn on the furnace and air conditioning.

Also, switching to more efficient appliances, light bulbs and even windows can help you reduce your usage. While it can take a bit of work to make this reduction a habit, it can save you a lot of money. Instead of spending the average of around $112 a month on electricity, you could find yourself spending much less if you consistently monitor and reduce your usage.

In addition to reducing your usage, you could also consider switching providers. If you get a better rate on your electricity and energy, you will spend less every month. It is simple and easy to compare electricity rates by EnergyBot to make sure you’re getting a good deal.

Grow Your Own Food


Another huge cost for most Americans every month is food. Everything from veggies, to fruit, to meat can be expensive to pick up every time you go to the store. A good solution to cut spending in this department is to grow your own food. Starting your own garden is quite simple and also very rewarding.

While you might not be able to grow everything you need, you can certainly grow a lot of what you would normally buy in the produce section. Also, many people think you need a huge yard to grow your own food, but that isn’t the case. There are plenty of smaller micro gardens that people can create, even if they only have a small space to work with.

Monitor Your Spending

Sometimes the simplest way to cut down your expenses is to actually monitor your spending. Doing this will allow you to see exactly where your money is going, and how much. By doing this, you may be able to identify some problem areas, or notice some recurring costs that you weren’t aware are so expensive. If you are struggling financially and paying for some things you hardly use or don’t need, consider cutting them.

There are many great budgeting tools out there that can help you track and manage all of your expenses each and every month. Cutting back some expenses or subscriptions based on your findings can help you save hundreds or even thousands of dollars every year.

We hope the information in this article has been able to help you cut your home expenses down in size. By reducing your usage, growing some of your own food and tracking all spending, you should see a drastic reduction in your expenses most months.

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