Friday, April 29, 2016

6 Tips To Cut Back On Your Monthly Bills

Nobody wants to live paycheck to paycheck just because their monthly bills are too high. Taking the time to save a few dollars on each bill every month will give you the financial freedom everyone desires. These are the six best ways to cut back on your monthly bills.

Refinance Mortgage


There is no need to pay a high interest rate on your mortgage when refinancing is so easy. Refinancing to get a lower interest rate can drastically reduce your monthly mortgage payment, and you may even get a large cash out at the same time. 



Shop Electricity Rates


Most people choose to stick with the same electric company that they have always used, but you may be able to save money each month by shopping your rates. Electricity Match is a great source that will help you find the perfect electric plan for your needs.

Unplug Unused Electronics


Even if your electronics are not turned on, they will still use electricity while they are plugged in the wall. If you leave these electronics plugged in, then you are basically throwing away money each month on your energy bill. 

It may take a few seconds longer to plug in an electronic item when you want to use it, but it is well worth the extra effort to save money.

Use a Programmable Thermostat


There is no need to have your air condition or heater constantly running if you are not at home. A programmable thermostat can automatically adjust the temperature in your home when you away and guarantee that you never have to step in to an uncomfortable house.

Bundle Entertainment Services


Most people will have trouble living without their television and internet service, but there is still a way to save money on these bills every month. 

Every entertainment service company will give you a big discount if you bundle your services together. This means you can save money each month just by getting your television and internet service from the same provider. 


Take Shorter Showers


The best way to save on your water bill is by simply taking shorter showers every day. Cutting your shower routine by a few minutes may not seem like it will make much of a difference, but this reduction in water quickly adds up throughout the month. 

You can also plan your outdoor watering on certain days and hours so you don’t use as much.

It may take a little extra effort each day, but following these six tips will end up saving you a large sum of money on your monthly bills. Once you implement these changes for a few months, you will have the financial security to fully enjoy your life.


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