Penny Pinchers: Six Unusual Ways You Can Save Money on Monthly Bills

Sunday, December 29, 2013, AM | Leave Comment

There are many ways to save money on your living expenses such as switching to energy-efficient light bulbs and checking your home for air leaks, but there are a few unique ways that are easy to do and also help reduce monthly expenses.

Penny Pinchers

Here are six unusual suggestions.

  1. Bundle Packages

    You can reduce your communication expenses by combining your Bell internet services, phone lines, mobile phone and satellite television services in one package. Bundle packages can be pre-set or consumers can build their own. In the course of a year, you will get significant savings for your household expenses.

  2. Save Water

    You can dramatically use less water if you fill a water bottle with sand, put on the cap and put it in your toilet tank. This is a cheap and easy way to make a low-flow toilet. Also, when you shower, turn off the water while you soap-up, then turn it on again to rinse off. It will reduce the amount of water you use by more than half.

  3. Join with Friends and Family

    Purchasing groceries and other items in bulk saves a lot of money. Most families don’t need to buy so much and don’t have sufficient storage space to keep it until it gets used. If several people join together to purchase certain items in bulk, it gets used faster and saves a lot.

  4. Change your Credit Cards

    You can find a low-interest credit card, or if you already have one, look for cards that offer rewards. These cards offer rewards when you spend the money you were already planning to spend. Never pay a fee for rewards. There are plenty for free. You can also transfer your balance on a high-interest card to a low-interest card.

  5. Use Appliances at Night

    You already know it is better to use your dishwasher, washing machine and dryer when they are full, but it can also save you money to run them at night. Ask your utility provider if they have lower rates for off-peak usage.

  6. Lower Medical Bills

    If you smoke, quit. If you drink alcohol, reduce it. These alone will help keep you healthier and could reduce insurance costs. Use hand sanitizer when you go out in public. After touching hand rails, shopping carts and money, your hands are loaded with germs and keeping them clean can help you avoid doctor bills or OTC medicine for colds and flu.

Saving money on monthly bills is easy. It just takes a little knowledge and the ability to change wasteful habits.

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