The children are growing, becoming more active and adventurous. They are also starting to take an interest in pets, so now they are pressuring you to buy them a puppy. So your growing, very active children plus a future new puppy means you are probably going to need more space for them. Yes, your apartment or condo is enough for now, but you know this will not last. There will come a time when you will have to think of buying a new house.
Buying a new house is very stressful and a huge leap to take, especially if you are dependent on your monthly income. You have to tighten your belt in order to save for the down payment of the new house. Below are some tips to cut down on some of your expenses.
Consolidating Your Insurance Payments
There are just a lot of insurance fees to pay. You have your car insurance, life and health insurance for the whole family, jewelry insurance, educational plan, retirement insurance, etc. They are not cheap, mind you, and they take a lot out of your monthly income. However, there is a way to reduce your insurance payments though, and that is by consolidating them. This will mean taking your business from the current companies and entrusting them to a new one, but if you let just one company handle all these payments, you are going to save some money and time. Instead of dealing with multiple insurance companies, you will only get to deal with one. Also, you will get to save about 10% to 20% from your usual insurance costs because companies that offer insurance consolidation services get to purchase lower-premium insurance coverage by the bulk than those offered to individual contractors.
Upgrading Your Cable Television
Your cable television subscription may be a small thing to pay, but according to Hayden Homes, there is a way to cut down on this expense. If you have been with your current provider for a decade now, say for example, chances are your monthly bill is probably still the same or have increased through the years. However, because there is a very stiff competition among cable TV and satellite TV providers, they are offering newer, better, and more beneficial packages to attract new subscribers. Sometimes, they bundle cable TV subscription with phone subscription and/or internet subscription at a lower price compared to paying for each individually. By upgrading your subscription, you get to save some extra cash.
If these packages are not being offered by your current provider, then maybe it is time to shop for a new one. New subscribers get to enjoy good deals, what with the providers competing for more sales, so if it means changing providers, then change providers.
Taking Advantage of Coupons
Another way to cut down on your monthly groceries is by taking advantage of coupons, so start looking through magazines, be it online or not, and start saving the coupons. Print them out and use them when you shop for groceries. Who knows; your next month’s supply of tissue rolls, pastas, deodorants, soaps, lotions, shampoos, conditioners, detergents, fabric softeners, OTC medicines etc. just might be free.
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Jennifer Dalley is a freelance article writer for finance blogs. She specializes in ways to save money and cut down on your expenses.