Top 4 Strategies for Saving Money at Home
It seems that more and more often, conversations in my household and with friends are centered around inflation. It feels like everything is just a little bit more expensive at best and astronomically higher at worst. The grocery store consistently feels like the hardest hit to take, but there’s no denying costs are up across the board every time I take a look at the previous month’s spending and prep my monthly budget. So, what can we all do to lower costs around the house? The Speedy Cash team put together a list of our top tips for saving money around the house that includes a variety of ideas, from how to lower utility bills by reducing electricity use to clearing the clutter by selling household items to boost your rainy day fund. Focusing on four areas of your household and implementing strategies for saving in each category can help you kick up the savings and say goodbye to unmanageable costs!
Finding small ways to save can help your overall monthly budget. If you’re new to budgeting, check out our handy budgeting blog that can help you learn how to budget efficiently. With a solid budget plan and a commitment to saving wherever possible around the house, you may be surprised how quickly you can turn around your financial health. The most important piece of advice I can impart is this: be patient. Changing habits takes time. Learning new habits also takes time. It’s never a race to the finish line but your progress that matters most.
Sources
1Dale, Timothy (2022, Dec 29). 15 Around-the-House Resolutions That Will Save You Money in 2023 Retrieved from: https://www.bobvila.com/articles/save-money-around-the-house/
2Madden, Kaitlin (2022, Jun 16). How to save money at home- 20 expert ways to cut bills in 2022 Retrieved from: https://www.homesandgardens.com/life-design/how-to-save-money-at-home
3Courtney Neidel and Elizabeth Ayoola (2023, Aug 25). How to Save Money Now (Before You Really Need It) Retrieved from: https://www.nerdwallet.com/article/finance/how-to-save-money