Good NestingBut as you’re about to see, you don’t have to cut back to keep more money in your pocket.
It’s no secret that our money is not stretching as far nowadays, as trips to the grocery store and gas pump are leading to severe sticker shock. While you could look for a second job, ask for more hours at work, get a side hustle, or sell your stuff for extra cash to account for these price increases, we’ll show you clever hacks to cut everyday expenses.
Pay Your Year’s Car Insurance Upfront
Will everyone be able to take advantage of this money-saving trick? No, as you’ll need some cash saved to pay a year’s worth of car insurance upfront. But if you can manage it, some say it can help you save up to $700 per year on car insurance.
If this sounds like a move you’d like to make, call up your auto insurance provider and ask if they offer discounts for paying a lump sum. And while you’re at it, ask for other available discounts too, such as ones for driving few miles per year, not filing a claim in the past five years, being retired, etc.
Use Your Cellphone For WiFi
The average Internet bill costs $40 per month. And while Internet service is essential since it can help you with school, working from home, online shopping, entertainment, and more, you can ditch your carrier and stay connected for less. How? By upgrading your cellphone plan to one with unlimited data and using it as a hotspot to connect your other devices.
A typical unlimited data upgrade costs around $10. So by making this move, you can save $30 per month, which equals $360 per year.
Enjoy Free Entertainment And Cut The Cord
Although it may be hard to believe, the average cable bill sits at approximately $200 per month. Get rid of that bill, and you can save thousands per year.
How can you do that without sacrificing entertainment? First, buy some cheap HD antennas and hook them up to your TVs to get free local channels. Then, use your Internet connection to watch free streaming services like Tubi, Vudu, Pluto TV, YouTube, Peacock, and Crackle.
Install A New Showerhead To Reduce Your Water Bill
Do you cringe every time you open your water bill? Well, instead of timing your showers, you can use less water by installing water-efficient showerheads.
These water savers aren’t too expensive, and they’re an excellent investment because studies show they can reduce your water usage by a whopping 40 percent.
Make Your Car More Fuel-Efficient
Gas prices are so high that they may make you want to walk instead of driving your car. While you can’t control the prices of fuel, you can make your car more fuel-efficient by:
- Using the oil grade recommended by your car’s manufacturer (2% increase in fuel efficiency).
- Inflating your car’s tires to their recommended PSI (3% increase in fuel efficiency).
- Eliminating excess weight from your trunk, back seat, etc. (2% increase in fuel efficiency).
While those efficiency increases may not seem like much, number crunchers say making those simple moves can help you save over $160 in gas per year.
