This is the time of year when budgets are being made and people are making financial decisions that can change the outcome of their entire year!. It’s also a great time of year to cut some financial fat out of that budget!
When you’re sitting down with your spouse, partner, roommate, or even just with yourself and you’re discussing your budget, make sure you lay everything out on the table and see what you really need to be spending your money on this year.
Like, do you really need to be enrolled in Netflix, Hulu, & Redbox? Probably not. Is that Verizon Fios Quantum High Speed internet really making a huge difference? I can tell you from personal experience, NO! Wasting money on things like disposable coffee cups when it’s way better for your wallet, and not to mention a little thing called the environment, if you just use a regular traveling mug! I didn’t mean to go all green on you.
You don’t need to cut down to the bare necessities but really analyze what it is that you’re actually utilizing!
A very good point. It’s easy to justify a few dollars here and there, but the trouble is that those dollars add up quickly and by the end of the year, you’ve spend hundreds on things you no longer have and can’t even remember buying.
If you want a few more tips on areas where you can cut back, please feel free to check out my site (http://lessonsinpersonalfinance.com/) and head over to ‘The True Cost of a PlayStation.’
I hope you find it helpful. Thanks for sharing your tips!
Great tips! And about “going green”…I find that a lot of money-saving tips can also be eco-friendly! They seem to go hand in hand sometimes. 🙂