Money can be one of the most stressful things that we have to deal with as responsible adults. Whether it’s the massive bills that you get at the beginning of each month, or the countless extra payments that seem to turn up when you think you’ve got your budget figured out, there’s a lot to worry about.
The good news is that there are more ways to save your cash than you might think. A lot of people assume that the only way to start achieving more with their money is to cut down on the things that they enjoy, like trips to the movies, or date nights. However, cutting some of your most stressful monthly bills could be an excellent alternative. Here are 3 quick ways to reduce your monthly bills.
Haggle with Your Providers
There are a number of companies in your life that you might be paying money to on a regular basis. This could include your internet provider, your cable company, and even your insurance companies. While it’s a little nerve wracking to call and ask for a discount on your payments, you might be surprised at what you can accomplish just by talking to customer service.
If you’ve been loyal with a provider for quite a while now, contact them and ask whether there are any discounts that they can offer you for your loyalty. If they say no, consider changing to one who can give you a better deal. Just telling your supplier that you’re thinking of changing could be enough to prompt them to offer you a discount.
Deal with Your Loans
Most of us need to take at least one or two loans out during the course of our lives. Unless you’re a very lucky person who always has enough money in your bank account for the things that you want, then you might need a loan for something like a new car, or even just a change to your home.
If you’ve taken out a loan in the past, then now might be the time to see if you can deal with it. For instance, using a student loan calculator, you can find out how much you could potentially save on your loans if you were to refinance your old deal. The chances are that everything from your credit rating to your situation has changed a lot since you got this loan. So why not see whether you can save some extra money on it?
Finally, you’d be surprised how much money we spend on the things that we just end up wasting. For instance, if you’re paying for a subscription service that you never use, then you’re just wasting your money on something that’s not benefiting you. Another example of waste is the money that we spend on things like disposable paper towels and bottles of water, when we could just be taking refillable bottles with us to work.
Planning a strategy that will help you to waste less, on everything from your home water, to your electricity and food bills, will mean that you can cut monthly costs, without giving up anything that you need or want. At the same time, you’ll be doing the environment a favor too.