5 Practical Ways To Cut Expenses

In these tough economic times everyone is looking for ways to make that dollar stretch just a little further. It certainly isn’t easy to make ends meet these days with wages still low, jobs still scarce and prices climbing. Most of us are looking for ways to cut expenses and save a little money here and there. Here are five great ways to cut down on your expenses and make that budget a little easier to accomplish.

Use Coupons

Coupons are a great way to save money on everything from groceries to dinners to rides at an amusement park. Check in your local paper and online for all sorts of value coupons you can use to save money on things that you need and entertainment as well. Many times groceries stores will offer 2 for the price of one coupons and this is a great way to save money on those frequently used items. Local newspapers often carry coupons for discounted meals or drinks at eating establishments and money off on other amusements.

Buy Second Hand

Before hitting the local mall for a new shirt, dress, or suit, try shopping in the thrift and second hand stores. Many times you can find brand new items with the tags still on them for only a couple of dollars. Shopping second hand stores has become trendy so you will be right in step visiting these stores. Many thrift shops also have great deals on slightly used furniture and appliances that can save you money when you have to replace these expensive items. Paying $30 or $50 for a slightly used refrigerator is a big savings over buying a new one at $400 or more.

Take Advantage of Freebies

Taking advantage of freebies is a great way to cut expenses on entertainment costs. Many times you can find free lectures on interesting topics as well as free concerts in the park and other free entertainment. Instead of eating out why not enjoy a picnic at the park or go bird watching instead of going to see a movie. There is a whole world of free and fun activities available if you only look.

Trade Services

Why not get together and trade services with your neighbors. Perhaps you can babysit for the couple next door while they go out for an evening in exchange for some work on your car or other services. By trading services everyone benefits and it is a great way not only to cut expenses but to make friends as well.

Do It Yourself

The internet and libraries are filled with information on how to do minor or major repairs yourself. Most times when a repair is needed labor costs three times the price of the material. Doing the labor yourself results in cutting out huge expenses and gives you the satisfaction of accomplishing something new.

Staying within your budget simply means finding unique and original ways to cut expenses as well as taking advantage of tried and true money saving methods. By giving some of these ideas a try you might just be surprised how much money you can save.


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