How will you cut expenses this month to increase your savings?

Question

I've examined my expenses over the past month, and next month I'm ready to start cutting things to save money! Here's a list of what I plan to do so far - you tell me what you'd add! : ride my bike to work on nice days; buy groceries in bulk, use some coupons, buy less/cheaper meat or other high protein foods instead of meat; switch to CFL bulbs, turn lights out when not in rooms, turn heat down or a/c off when not home; ditch my parking pass next to work, and park in free lot further away; use fewer cellphone minutes/plan; make errands more gas-effecient by doing everything in one trip when possible; driving the speed limit and not accelerating too fast, thus saving some gas; limit alcohol purchases (those weekend bar trips with friends add up!); buy used items or clothes when necessary, but limit purchases in general except when items are absolutely essential. AND just so this doesn't sound boring - plan one or two specific, cheap "fun" things for the month and budget for those.

Answer 1

Limit purchased lunches. Bag a few of them. You could pack about $3 worth per day, as opposed to paying $9 for lunch.

Bring your drinks or use the water fountain. Bottled water isn't cheap, and the plastic bottles harm the environment in the long run.

Take your first cup of coffee at home instead of getting it on the road. You could save at least $1 per cup, more if you're a Starbucks junkie.

Ditch the movie package on your cable subscription. Borrow DVDs from your local library instead. They're free. Save at least $15/mo that way.

And that's just for starters. Good luck on your frugality kick.

Answer 2

Sounds like you'll save alot

Answer 3

i will not do anything brecause i am retired= but you are on the right track -- do it not just for one month -- do it for six and you will be on you way to have a rainy day fund built up which should make you sleep better!!!

Answer 4

I won't do anything extra to save money. I save money every month so nothing extra is required.