Most of us have expenses in our lives that interfere with our budgets. �Do you know where your budget leaks are? �
Many budget leaks spring from the same areas. �Here are 10 ways to reign in those budget leaks and save yourself at least $500 by the end of the year.
- Turn off the TV. �No I don�t mean to hit the power button, I mean cancel your cable and/or satellite and find another entertainment source. �That can mean streaming netflix or watching your old DVDs. �Plus, if you live in a city, you can easily get local channels without any cost by using an antenna. �This step alone can easily save $100 per month (depending on the amount of your bill)
- Keep the car parked. �If you combine your errands and trips, you will save gas therefore save money.
- Cut the coffee trips. �Switch to home brew instead of hitting the drive through each day. �This can save you up to $5 per trip.
- Skip the car wash. �Say you get your car washed twice a month at $6 per trip. �That is almost $150 per year you will save. �
- Use coupons. �Coupons are a great resource for saving money. �You can literally save hundreds of dollars each year by clipping coupons from newspaper inserts and printable coupons.
- Hit the clearance racks. �Whenever you go shopping for pretty much anything, be sure to hit the clearance racks to find the best deals.
- Call and compare your insurance rates. �The commercials don�t lie. It is smart to call once a year or so to be sure that you are getting the best insurance rates.
- Use LED light bulbs. This switch can easily save you $50+ this year.
- Carpool. �If you live nearby any co-workers, consider carpooling with them. You will both save money on gas and vehicle maintenance.
- Switch your phone plan. Whenever you have a few minutes to spare, call your cell phone provider and simply ask about any discounts you may be missing. �Chances are there are one or two that you can take advantage of.
