5 Tips To Cut Monthly Bills

by Lori

Photo courtesy of Creative Commons 2.0, Images_of_Money

5 Tips To Cut Monthly Bills

By: Lori Thayer

Stop hating to open your mail, cut monthly bills. There are many ways to decrease your monthly bills. Today we’ll detail 5 tips to cut monthly bills: pay on time, shop around, decrease waste, cut out the unnecessary and reduce fees.

Always Pay On Time

Pay your bills on or ahead of time to avoid late charges. Paying bills late often become a slippery slope and the fees begin to mount up quickly.

The easiest way to do this is to schedule the payment online immediately upon receiving the bill. Alternately schedule the payments automatically through the service provider or with your bank. In this instance be sure you continue to check the bill each month for any unexpected charges.

Shop around at least once a year

Shop around for better rates on car, home and life insurance. Don’t be afraid to shop for a better deal for your mortgage, car loan and banking services as well. These can be more of a hassle to change but the savings might be worth it.

Decrease waste

Wasting less results in saving more.

  • Use low flow shower heads to save gallons during a 5 minute shower.
  • Turn off lights when leaving a room.
  • Turn off and unplug electronics that don’t need to be left plugged in (most of them).
  • Reduce your trash by buying items with less packaging and recycling. If you have to pay for trash pickups or trash overflow this can save a lot.

Cut out the unnecessary

What monthly bills are you paying for but not using. Consider these areas:

  • Movie Services 
  • Gyms
  • Satellite or Cable TV Service
  • Newspaper or magazine subscriptions

Reduce Fees

Fees can be sneaky. Check each bill carefully so you are aware of new or changing fees. The biggest fee offenders are credit cards and banks. 

What are the biggest changes you’ve ever made that has cut monthly bills? Share your ideas with us in the comments below.

Disclosure: Please note that some of the links on this site are affiliate links and I will earn a commission if you purchase through those links. These are all resources that I am recommending because they are helpful and are companies that I trust, not because of the commissions that I may earn from you using these products. Please do not spend money unless you really need the resource and it will help you reach your goals.

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Lori Thayer is passionate about finding ways to optimize life. As a step-mom of two teenagers, a full-time software tester and a momprenuer she knows how busy life can be. She is dedicated to finding ways to be more efficient and find tools to optimize life so that she can spend more time enjoying life with her family. She loves to hike, camp, read, learn about energy, wellness and online marketing as well as singing karaoke with her husband on the xbox at home.

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