Simple tips to trim down your monthly expenses
Of course, some shops come with a net price and however good you are, you just can’t get a bargain for it. I mean, have you ever tried to bargain at McDonald’s to get a cheaper Big Mac?
Something light & easy for you to read
Everywhere you go people are talking about recession. I thought the economy is getting better, but now they say that it may turn to the worse. Is the economy getting better or not? I don’t know. I don’t think anyone really knows.
Whether the economy is getting better or not, it’s always good to be prepared. And a good way to do that is to trim down your monthly expenses.
Tip no 1: Make a budget
I mean, really sit down and make a budget. Not something that you promise to remember, but something that you’ve actually written down or make some calculation for it. Making a budget is like having a new year resolution. If you don’t write it down, you may end up not doing it.
I’ve uploaded a Monthly Budget Template for Microsoft Excel. Please feel free to check it out.
Tip No 2: Make your own cup of coffee
Now, this is quite true for those working in the city. It’s very easy for us to go to the nearest Starbucks or Cafe Nero and get a good cup of cafe latte. Can’t blame you coz it tastes really yummy. I was guilty of that too. Until I found out that it’s draining my money away, and that money can be used for savings or to pay for my debt.
I make my own coffee now. Got a nice coffeemaker that does the job. Oh, it doesn’t taste as yummy as the cafe latte from Starbucks, but I’ll survive.
Tip No 3: Borrow movies
The trip to the cinema can have a more hidden cost than just your movie ticket and popcorns. Well, you need to put in oil and parking fees and maybe a stroll to the mall and stuff. Would be a lot cheaper if you borrow your movies.
Tip No 4: Cut down on your paid subscriptions
Your pay-per-view or satellite channel network can cost a lot. Do you really need to have 200+ channels? Do you actually have the time to watch all that? Of course if you’re a guy, sports channel is a must. Or if you’re a gal – you don’t wanna miss your Oprah shows. But I’m sure you can cut down on the animal planet channel?
Tip No 5: Cut down or quite smoking
This is good for two reason. You can save money from it and being able to live longer is always a good thing yes? I’ve read somewhere before and it was mentioned that if you sum up all the money used for smoking for 20 years is enough for you to buy a car! (well, I’m not too sure whether it’s a big car or a run-down car, but you got the message).
Ok, ok, no more about smoking. I’m not nagging, I’m just being concern 
Tip No 6: Eat your meals at home
This is another one that can trim down your expense. Eating out can actually put a big hole to your pocket. Well, assuming that you can cook (or you can have someone to cook for you) and it taste good, that can really save some money
Tip No 7: Bargain!
Always try to bargain before you want to buy something. Sometimes the shop owner would give you that. Well, it doesn’t hurt to try right? Of course, some shops come with a net price and however good you are, you just can’t get a bargain for it. I mean, have you ever tried to bargain at McDonald’s to get a cheaper Big Mac?
To summarize. If you look at it and try to think of it, there will always be some ways for you to trim down your expenses. At the end of the day, it’s whether we would like to do it and whether we can create that habit in us.
All the best!
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