If your family is like ours, you are always on the look out for simple ways to save money. We have been trying to really cut back our spending the past few years so we could save for other goals. Here are a few quick ways we found to save quiet a bit of cash, and they are all pretty easy!
1. Change your phone plan. We used to pay about $135 a month for our cell phone plans. That adds up over the course of the year ($1620)! Now we pay $25 a month, for both of us, thanks to Ting. Now we just pay for what we use based on their tiered pricing. Some months we might pay a bit more, but we have been pretty consistent over the year since switching. There are other companies that offer this type of payment, but we liked Ting because we could bring our iPhones and there were more options for phone purchasing. We now pay just $300 a year, that’s a savings of $1320 a year! For such a simple thing!
2. Cut your cable. This one was a bit harder for us, but with streaming options from NetFlix and Amazon, and the use of HDTV Antennas, it was really a no brainer. We cut out our cable and switched to an internet only service. Our cable bill, even with negotiating, was a whopping $245 a month, again a big yearly cost ($2940)! Goodness, that’s a car payment if you think about it! We now pay $60 a month, for a total of $720 a year, that’s a savings of $2220 a year! That’s a lot of money.
3. Invest in a pressure cooker. Wait, what? Yes, using a pressure cooker can save you time and money. Because you can cook things quickly, and from frozen too, you won’t need to run your oven or your crock pot for as long. Surprisingly ovens can be a bit of an energy hog, and if it’s summer, they can heat up your house causing your AC to run more. But the biggest saving comes from being able to utilize good deals on meat and freezing it, while still being able to create great tasting meals quickly.
4. Shred your own cheese. I’m guilty of loving those pre-shredded bags of cheese, but oh boy do they cost a lot more than just doing it yourself. I haven’t done the actual math, but when you figure a small bag of cheese costs about $4, but a big block costs $7, you can see that it’s going to be better to shred your own.
5. Use a water bottle. Invest in a great water bottle, and forgo using bottled water. Having some bottled water on hand is great for emergencies, like water being shut off, but using bottled water all the time is a big drain on the pocket book over the years. We love this water bottle because it is dishwasher safe. We invested in a couple so there is always a clean one available while others are washing, so it might be a small cost at first, but it will save over time.
I’d love to hear about simple ways you have found to cut back on spending too, so please be sure to leave your tips in the comments!