20 Ways To Cut Your Expenses

By Tobias Zimpel | Dec 19, 2007

After yesterdays post on how to make more money, I thought I’d give you a similar list on how to cut your expenses.

Cutting your expenses is another vital thing to do to get control over a critical financial situation, whether you are already in debt, or there is just too much month left at the end of the money.

So here are, in no particular order, 20 ideas on what you can do to cut your expenses:

  1. Buy your groceries at a discount store
  2. Buy a car with lower maintenance and driving costs
  3. Drive at a lower speed to save gas
  4. Pack your own lunch for work
  5. Buy less premium coffee
  6. Don’t eat out
  7. Do your own cooking instead of buying convenience foods
  8. Use energy-saving lamps
  9. Look for energy saving home-appliances if you have to buy new ones
  10. walk or use your bike instead of driving whenever possible
  11. find cheaper insurances
  12. check if you really need all of your insurances
  13. Wait for sales or special offers if you can
  14. Use coupons wisely
  15. buy the cheapest alternative that just fits your needs
  16. don’t collect for the sake of collecting
  17. buy cheaper gifts that come from your heart
  18. Make your own gifts instead of buying them
  19. Set Budgets for different areas of expenses
  20. Think twice before you buy something - anything

If you have additional ideas on how to cut your expenses, or want to share your own experiences on this topic, please use the comment form or send me a private message using my contact form.

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2 Comments so far
  1. jwz January 28, 2008 10:46 pm

    i luv your blog. :)
    bookmarked.
    (lol, energy saving “lambs”)

  2. Tobias Zimpel January 29, 2008 11:17 pm

    (lol, energy saving “lambs”)

    Thx, corrected.

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