Whether you are buying your first home, saving to purchase a larger home or simply just want to save a little more of your income each month, here are some everyday expenses that you can reduce and watch your bank account grow:
Cut Your Daily Coffee Run – Instead of hitting the drive-thru for your morning coffee on the way to work, consider preparing your own home brew instead. Spending $1 to $5 for premium coffee at your favorite spot is costing you much more than the average of 15 cents per cup at home.
Cancel Unnecessary Subscription Services – Still paying for the streaming service that you subscribed to in order to binge watch one show? Check your monthly statement and ask yourself when the last time was that you utilized any of the services/products that you pay for monthly. If you haven’t used them in the last month, it may be time to cancel them.
Consider Where You Shop – Shopping at trendy health food stores and boutique groceries may be costing you more. You can save money by simply switching where you shop and by utilizing store brands for staples.
Home Services – Are you paying for lawn care or for someone to clean your home? Is that something you are able to do for yourself? Cutting your own grass every week and cleaning your home yourself can save you a ton.
Dining Out – Even if you only grab fast food for lunch each day, you could be spending $8-$10 per day. That’s $40-$50 per week which is $160-$200 per month. Packing a lunch (even a few days per week) can save you hundreds per year.
While there are many ways that you can save money to purchase a home, these four simple changes to your budget may get you in your house sooner that you thought possible.
Susan Brewer Service First Real Estate (636)936-8600
Published on 2023-02-27 20:36:10
