How To Minimize Your Expenses Where It Counts


Spending money is easy but cutting down your expenses can seem incredibly difficult. From paying rent, to phone bills, and dinners out – it can be hard to keep money in our pockets these days. The key to successfully minimizing your expenses is by cutting down where it counts and where you seem to be slipping the most. Through actively tracking your habits and discovering what is draining your bank account the fastest you can then take the necessary steps to save more and spend less.


           Anyone living in a major city knows how difficult and time-consuming commuting can be. Not to mention the unnecessary expenses from buying a car, maintaining it, and paying for gas all add up with time, especially as the car gets older. Finding alternatives to a pricey commuting practice for your lifestyle can help you save a lot more presently and in years to come.

One option is to consider working from home, if that is possible in your company. Working from home allows you to completely cut commuting costs all together while still easily communicating and collaborating with coworkers through cloud-based software, such as virtual data rooms. With a VDR, any confidential company data can come home with you, while also remain safe with high level security features and permission settings that only allow desired users to view the documents.

If working from home isn’t an option for you, then public transit is a much cheaper alternative to owning and driving your own car. While the schedule times might not be as forgiving, once you get into the routine of catching the same train or bus every day, you can easily get into the habit and pocket the extra money that isn’t being wasted on your commute for more important daily costs.
If you’re someone that just really likes the comfort of a car for a long commute, then consider carpooling with a few friends or coworkers in the mornings. Not only is this kind to the environment, but also your bank account since you can all chip in for gas and alternate whose car will be used on which day.

Tackle Your Debt

 Most of us understand the strain and burden debt can produce, especially when you are trying to save up some extra money. It feels like your paycheck is going towards that rather than your savings account for future expenses and with the 10-year repayment plans, it can feel like you have no financial freedom during that time. For any big life transition, you are planning, it is advisable to try and tackle your debt first so that you no longer have to worry about it once it’s all been paid off. By focusing some short-term time and a good chunk of money to repaying any student loans, then you know that in a few months or a couple of years you’ll be completely debt free and able to start saving for the future and your inevitable retirement. 

Get Rid Of Cable
 Cable is quickly becoming an obsolete form of entertainment and an added expense that just doesn’t seem worth it anymore. With online streaming sites and apps that allow you to purchase movies with just the swipe of a fingerprint, it seems pointless to be paying for a cable plan that provides you with a variety of channels, some of which you might never watch. Get rid of the antiquated service and conserve that extra money for an alternative, cheaper method of movie and television show watching; one that will let you watch whatever you want, whenever you want.

Start Cooking
 With delivery services that can bring you all sorts of cuisines straight to your door, it’s no wonder why you feel like money is flying out of your pockets. If you are serious about saving money, then this is an expense you need to cut out immediately. Instead, focus of trying to make the delicious meals you crave with ingredients that are half the price of delivered meals. Not only does consistent cooking allow you to save money when you’re at home, but also lessens the temptation of buying food when you’re at work or school. Find a few recipes that you love and master them so that you can start saving on those delivery fees and putting that money towards your future.