Everyone is looking to save some money. I have had a family budget for a long time, but we were not saving the amount of money I would like. We felt that we made good money and deserved to have and do nice things. If we ever want to take that family vacation to Disneyland, without putting it on a credit card, then I had to make changes.
These are six things that I did to cut our budget by $1000/month:
#1 Cut expensive cable bills-
Everyone keeps saying cut cable or satellite. Well if everyone is saying it, then it must be true. I have finally pulled the plug and do not regret it. When you can buy high-speed internet, then get cheap TV through Netflix, Hulu, Amazon Prime, or Sling TV. There are so many options that are way cheaper than satellite. We already had internet and Amazon Prime. This cut our monthly budget by about a 100$.
#2 Meal plan-
Grocery stores are designed to take your money. Why do you think the milk is always in the back of the store and all the most expensive items are at eye level. By making a meal plan and sticking to it, our monthly food budget was cut in half. Everyone always says do not go shopping hungry. From first-hand experience, this is something to live by. Do your meal plans, have a list, and stick to it. Oh, and if you have a husband like mine, leave him at home. He is not capable of sticking to a list and loves to try anything new. End-cap displays in the aisles will get him every time, but stay strong and stick to a plan.
#3 Don’t buy fancy coffee-
If you are like me coffee is your vice. I love all kinds of coffee and would go buy it sometimes multiple times a day. This was costing us a couple hundred dollars per month. Yes I know that sounds excessive, but I love coffee. I love everything about coffee. The smell of it, the atmosphere of a nice coffee shop, the taste, and all the delicious options. I have cut myself off cold turkey and now buy the fancy creamers at the store. I even bought a cheap Keurig for my office at work and keep creamer in my mini refrigerator. When you go back and look it seems ridiculous to spend that much on coffee. Yet, until you analyze your monthly spending, you may not realize how much you spend on a 5$ coffee at the end of the month.
#4 Don’t eat out at expensive restaurants-
My husband and I both work full-time jobs. We are tired when we get home and do not want to have to think about what to make for dinner. We also never seemed to have all the ingredients for any one meal. So we would order take-out or stop on the way home to pick up dinner. This adds up fast! If you go back to #2 and do a good meal plan for the week. Then you do not have to think too hard about what to make for dinner and you will have all the ingredients.
#5 Paper towels-
Paper towels are a waste of money. If you think about it you are buying trash. We use cloth napkins and kitchen towels. These are all washable and reusable.
I cut both my husband’s and my son’s hair. Men need haircuts every couple weeks, so the $ can add up with two men in the family. This is something I learned by simply watching YouTube videos. There are tons of great videos out there.
These six things will lead you in the right direction to saving money each month.
Even if it does not save you as much money as it saved my family. I am sure if you analyze where your money is going each month, you will find items that are very like my six items. When I look back on the items that I cut out of my budget, the hardest thing to cut was going out for coffee and stop ordering take out. After having a few months of discipline, these are minor things in my life. My family is better off with more money towards a trip to Disneyland!!