Cutting Household Expenses

Everyone knows that the economy is just a bit jittery at this time. I won’t tell you the economy will improve this month or even this year. However, I will share with you some things that my family and I have done to cut some household expenses and it can be fun.

Track your Expenses- Keep a journal or spreadsheet of everything you spend. I keep a spreadsheet of all my household expenses. I can tell you what I spend monthly to the penny. Find your money leaks and close them. We all have them and it can be exciting when you find them and get rid of them.
Use coupons. Use coupons on everything you buy from groceries to electronics to household goods, etc. If you can’t find the coupons you need in your local Sunday paper, then Google “coupons” and find them that way. Go to the grocery store on the days they pay double for your coupons. Make a list before you go to the grocery store and only buy what you have on your list and the items you need. If you are accustomed to popping into the grocery store several times a week, cut it back to only once a week. Try using www.grocerylists.org.
Cut your grocery bill by getting your fruits and vegetables from your local farmers market. I have saved about 20% each month.
Call your credit card companies and speak with them about getting a lower interest rate. Good rule of thumb, pay off your credit card with the highest interest rate first. Also, review your monthly statement and question every charge. I found three charges last month whereby I cancelled the subscription and they decided to charge me anyway. That was a savings of about $250.
Start or join a carpool. It can be with your work mates or help with your children’s after school activities.
Call your power company and get an energy miser audit. These audits are usually free and will give you good ideas on how your home can be more energy efficient, thus, lowering your monthly utility bill.
Call your insurance company. Discuss your homeowners’ and auto policies. There might have been some add-ons to your policies you aren’t using or don’t need. Perhaps you could stand to increase the deductibles on each as well.
Sell extra or unused stuff. If you have items around your home, try selling them on Craig’s List. This could bring in a few extra dollars.


If you would like further cost saving tips or know of anyone in need of a professional Real Estate Specialist, please don’t hesitate to contact me at 407-257-3433 or Julie@moving2orlando.com.