25 Ways To Cut Your Spending And Save Money

Posted by on November 12, 2012

Saving money isn’t easy. We all seem to think that if we just made a little bit more we would finally have enough to start putting some away. Unfortunately this usually isn’t the case. As earnings increase, spending tends to rise as well. Saving takes a deliberate effort and while sometimes this means making sacrifices, in this list of 25 ways to cut your spending and save money we’ll go over some of the the easier ways to do so.


Use Coupons

Although for some of you it may come as a blow against your pride, those coupon savings add up in the long run.


Watch Your Fees

With credit card and overdraft fees reaching record highs it’s a good idea to keep tabs on your accounts so you don’t wind up spending more than you have to.


Pay In Cash

According to researchers at New York University you’ll pay 20% less by using paper instead of plastic.


Switch To Fluorescent Lights

Compared to their incandescent counterparts fluorescent lights use 75% less energy and last up to 10 times longer.


Wear A Jacket

Okay, so you don’t have to look like the guy in the picture, but if you live in a cooler climate you can save a lot of money by wearing layers indoors and leaving the heater off. In fact, for every degree you drop the temperature you’ll cut about 1% off your energy bill.



With mortgage rates much lower than they were before the housing crisis refinancing your home could end up saving you hundreds of dollars a month.


Move To A Smaller Home

Considering that home prices have pretty much bottomed out, moving into a smaller and cheaper house is another option for financially troubled home owners.


Do It Yourself

From fixing the toilet to cleaning the carpet you’ll find yourself paying as little as 10% of what you would normally pay someone else to do if you just take some time to figure out how to do it yourself.


Eat Smart

By brown bagging your lunch, taking half of your restaurant portion home, and not eating out for dinner you can save a significant amount on food money over the course of a month.


Reduce Phantom Load

Also known as “standby power” or “vampire draw”, phantom load refers to the electricity used by appliances when they are turned off but still plugged in. By disconnecting them from the power source you can save a lot on your electric bill.