This is a collaborative post.
There are so many monthly expenses to juggle for the average person that keeping on top of everything can often become a little exhausting. You face many different bills and small payments that add up to take a big chunk out of your salary. Of course, you can be a little more disciplined by reducing your luxury expenditures, but this will only partly solve the problem. Usually, the majority of the money you spend goes towards unavoidable necessities such as utility bills, rent, petrol, food, water, and so on. That being said, you might not need to spend as much money as you currently do on the essential expenses in your life. We’re going to talk about some lifestyle aspects that could be much less costly for you.
The first way in which you could save a lot of money on a monthly basis is to think about all the costs of maintaining your household. For starters, you should think about your utility bills. You could save a lot of money on water by simply being a little less wasteful. You could try to encourage everyone in the house to cut their showering time in half for a month. You also don’t need to leave the tap running whilst you’re brushing your teeth. Pay a little more attention to the way in which you use water so that you can reduce your monthly water bill.
The same goes for electricity. Many households are far more wasteful than necessary when it comes to energy usage. You could start by insulating your walls and getting thicker glazing for your windows. This will better trap heat in your house and reduce wasteful energy usage; you won’t need to turn the radiators up to such a high heat if the house is naturally warmer. You should inspect the electrical appliances in your house such as your oven, kettle, and TV to see how energy-efficient these things are. When it’s time to replace these things, you should look for more efficient-efficient devices so that you reduce your electricity usage. You should also unplug devices that aren’t being used. All of these conservative measures will reduce your monthly energy bill.
Another lifestyle aspect that’s very costly for most people is the upkeep of their car. You face numerous regular costs such as petrol, servicing, insurance, road tax, and so on. Of course, many of these costs can be reduced if you do your research. Start by taking a look at your insurance plan. You should check out some comparison sites if you want to be able to say “I saved hundreds on my insurance renewal.” You’ll probably find that you’ve been spending far more on your insurance that necessary if you never did any research into the full extent of potential options out there. Make sure you get the best quote.
Of course, there are also ways to save money on your car by becoming a more responsible owner. For starters, you should regularly check the tyre pressure, oil levels, and bodywork of your vehicle to make sure that it’s in good shape. If your car unexpectedly breaks down or a bit of dirt that was left uncleaned leads to rust then you’ll be looking at a costly repair to sort it out. By maintaining your car more effectively (and servicing it regularly), you’ll be able to reduce the risk of something going majorly wrong and costing you a lot of money to fix. You should also drive more sensibly if you want to use fuel more economically. Don’t drive as fast, and don’t accelerate or brake aggressively. Make your petrol go further so you don’t have to fill up as often.
The final costly lifestyle aspect we’re going to discuss is food shopping. Whilst it’s an absolute necessity to buy food, obviously, you might be spending more money than is necessary on your weekly shop. That doesn’t mean you need to take a few more items out of your basket; it just means you need to be conscious of cheaper ways to buy food. You could check out cashback websites to see if there are ways to reclaim money on your online shop. Make sure you compare different supermarkets too. The big brands can charge massively different prices for the same item of food. You need to be savvy when you’re food shopping. You could even save money by growing things such as carrots and strawberries in your garden rather than buying fruit and vegetables from the shop.