With the economy in a crunch, we could all use a few less expenses these days. Purchases that may seem like necessities in your life can be cut out to save hundreds of dollars each year.
Yes, you do need water to live. It accounts for nearly 70% of your body. But, guess what? You shouldn’t be paying any more than your water bill for this life necessity. Bottled water may seem like a safer and more convenient option, but it isn’t any better than good old tap water.
If you insist on filtering your water before drinking, a better investment is a faucet filter. Keep a durable water bottle handy when you need a thirst quencher on the go.
- Home Phone
With all of the social media options out there, there is no reason to have a home phone. These days, most people rely on their cell devices for all phone use, which will save a few hundred dollars a year.
- Gym Membership
Did you vow to lose some weight this year? Was your first step a gym membership? In the beginning you were a faithful member working out every day, but now you can’t remember the last time you went. Ditch the membership.
A run, walk, or bike ride through your neighborhood or nearby park can be just as effective, and it costs nothing. As with any workout, whether at a gym or outdoors, consistency is the key factor, not a membership.
- Paying for Checks and Postage
If you have a bank account, you shouldn’t have to pay for checks or regular postage. Most banks now have some form of online banking with bill pay. This service should be offered free of charge and will allow you to submit bill payments electronically. Your payments will often be processed faster and it will cost you nothing to have it sent on time.
- Expensive Habits, Smoking, Drinking, etc.
This one is a good idea, not only for your wallet, but for your health as well. Many self damaging habits are also very expensive over the course of a few months or years. What better time than now to stop a harming habit? Whether it’s smoking or drinking, try to reduce your consumption if you can’t go cold turkey. It could add years to your life and hundreds to your bank account.
It’s impossible to cut every expense, and sometimes things get out of hand. When they do, consider payday loans to avoid late fees.
This blog post was provided by Check ‘n Go, an ethical online payday and installment loans company. Providing installment loans for over 16 years, Check ‘n Go has always been committed to responsible lending and continually works with legislators to improve the credibility of the cash advance industry. Check ‘n Go is a one-stop shop for all check cashing and payday loan needs, located in 20 states, and online locations in an additional 6.