Wednesday, November 9, 2016, AM | Leave Comment
Every homeowner eventually reaches a point in his or her life when the time comes to reevaluate the expenses.
A recent loss of work hours, layoff, family setting or disability may call for an immediate resolution.
The first thing you can do is try to cut some costs at home.
The following are six tips for cutting the household expenses to compensate for a tight monetary situation:
Trim the CPI Fat
The CPI is the first place that you should start when it comes to trimming the fat on expenses. CPI stands for cable, phone and Internet. Neat, huh? Your cable service most likely has some extras such as premium channels.
Cutting out one or two premium channels can save you a large amount of money. Another great way to save money is to reach out to companies such as ACN Inc. for great telecommunication services.
Also make sure to look into your phone bill, because it may have a few extra features, as well, especially if it is mobile phone service. Call and remove a few of those items.
Additionally, you may want to cut back your Internet service to a little less Mbps to save some cash.
Have an Insulation Inspection
Another move that you can make to trim some of the fat from your bills is to schedule an insulation inspection.
A good insulation inspection will let you know early if you are losing any hot or cold air, which can raise your electricity bill.
Many companies will come out and do a free or inexpensive check for you and then provide you with a quote on the spot. Then all you have to do is agree to the work and they will start helping you to insulate your home.
Start Working From Home
You can earn some money for your household by making the decision to work from home. Many opportunities are available for people who want to work from home.
It really is starting to become more and more common over the years. Just be sure to take the time to look into a lot of different job opportunities so that you can find the very best option for you.
Become a DIYer
Becoming a DIYer is one of the best ways you can sincerely save money. A DIYer is a person who takes matters into his or her hands when it comes to auto repair, appliance repair, computer problem diagnostics and such items.
You can save a lot of money if you can just buy cheap parts and then replace them or restore them yourself.
Start Using Solar Energy
Solar energy can save your family a lot of money on electricity. You can save up to 80 percent of your electric bill if you can find a program that will provide you with free solar panels.
Solar panels will power all of your household appliances and such during the daylight hours. Many people have raved about saving hundreds of dollars a month.
Resort to the Car Insurance
If you still have not saved enough to satisfy yourself, you can always resort to manipulating your auto insurance.
What you can do is call the insurance company and ask them to raise your deductible and eliminate any extra features that you may have on your account.
You would be surprised how much you can save off of your car insurance when you take the time to explore what is on your account.
The previously mentioned tips are just some suggestions that can get you started in the world of saving money. You will probably come up with some additional money saving techniques. Hopefully you will make it through this tough time and come out a better person by it.
Kara Masterson is a freelance writer from West Jordan, Utah. She graduated from the University of Utah and enjoys writing and spending time with her dog, Max.