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10 Useful Tips to Cut Expenses and Survive the Tough Economy

10 Useful Tips to Cut Expenses and Survive the Tough Economy

As everyone knows, the economy in the U.S. has not been the best in the past few years, with the country facing one of the toughest economic crises in recent memory. Due to this, people all over the U.S. have become extremely cautious when it comes to their expenses and are even thinking about it twice before acquiring personal loans or other similar financial obligations.

Thinking of this, here we have assembled a list of 10 different tips that can help you save time and most importantly, money, on your everyday life. Take a look at them, implement them and enjoy saving!

1. Do not leave your unused devices plugged:

Believe it or not, unplugging your devices will actually save your some cash when your monthly power bill arrives. The reason for this is that most electronics use at least a bit of power even when not in use. That considered, make it a habit to only plug your electronic devices when you’re using them, you will be surprised at how much you will save.

2. Turn off the heat or air conditioning in rooms where you don’t use it:

This one might sound overly simple or just plain obvious, but you would be surprised at how much people forget about heating or air conditioning devices. In fact, we tend to take these for granted so frequently that we merely forget they are there consuming energy all day. So take a look around the house, and only use heaters and air conditioning when needed and in the rooms where you need them and you will start to see some substantial savings on your monthly energy bill.

3. Use programmable thermostats:

What is even better than turning on and off your heaters and air conditioning manually every time to save money? Well, getting a thermostat that can do it for you is. Thermostats allow you to program your home’s temperatures when you’re not there, and even at night while you sleep.

4. Do you really need a home phone?:

As the number of cell phones keeps on rising and surpassing the total for landlines, you need to consider if you really need that home line that surely takes a few dollars a month. If everyone in the family already has cellphones and barely use the home line, simply cut it out and you will be also cutting out on your expenses.

5. Buy generic:

Start buying generic brands as much as you can. You will be surprised just how good they are and most of all, how cheaper they can be when compared to the original ones. Generic medical prescriptions in particular can save you substantial amounts of money.

6. Use your age to get discounts:

If you happen to be a senior citizen, then you are already entitled to a series of discounts and special offers that are definitely worth taking advantage of. So take some time and look for them.

7. Make your own invitations:

Birthday, business and other types of cards are extremely easy to make at home. And even if you can’t make it, all you need are some basic computer skills to at least designing them, thus saving you considerable amounts of money when printing them.

8. Drink water:

Instead of spending hundreds of dollars every year buying sodas, simply start boiling and drinking water. Sodas are not only expensive, they are extremely detrimental to your health. Consider this carefully, since implementing this one will not only save you money, but will also greatly improve your health.

9. Do “complete” washings:

Whenever you have to wash your clothes, instead of doing partial loads to the washing machine, avoid wasting energy, water, and detergent by filling it up and washing only when you have full loads to wash.

10. Use the web:

The Internet is there to make your lives a lot easier. So, whenever you plan on buying something, consider finding someone who might have it and who might want to trade it for something you have. That way you can save considerable amounts of money while getting things that – if you know how to search – can be just as new.