The current economic climate is forcing people in the United States, in addition to other parts of the world, to make savings and cutbacks where possible. However, it is possible to substantially save on some personal bills without sacrificing services and products. Here are five simple ways to save on personal bills such as groceries, banking and personal care.
The Saving Benefits of Online Banking and Shopping
Today, it is possible to do both banking and shopping via the internet. Online banks and stores do not have the same overhead costs of regular high street banks and stores and are able to pass these savings on to customers through better interest rates, reduced fees and better prices.
Saving Money by Buying in Bulk
Buying products in bulk saves money. Plan grocery shopping of non-perishable items in advance and save money by shopping monthly instead of weekly or daily. Warehouse clubs such as Sam's Club, Costco and BJ's sell products at discounts in return for a requirement to buy in bulk and by selling goods “warehouse” style, unlike regular grocery stores. Be aware that an annual membership fee may be charged.
Carpooling and Working From Home Saves on Personal Costs
Today, many people can just as easily work from home as travel to the office each day. Some employers may accommodate employees working from home one or two days a week if the work is suitable. In addition, carpooling, where two or more people share a ride to work, can save money on fuel costs. According to AAA, in the Your Driving Costs 2008 report, monthly commute costs for one person to drive ten miles is $51 compared to $26 for two people and $17 for three people who carpool.
Saving Costs on Online Magazines and Newspapers
Regular magazine and newspaper subscriptions add up over the course of a year. A lot of newspapers and magazines now have an online format that is free or offered at a discounted rate, due to the absence of high printing costs. Although many people prefer to sit down and read a “real” magazine or newspaper, in today's fast paced world how many people actually do read every magazine and newspaper subscription delivered to the door?
How to Save Money on Hair, Nails and Personal Care Items
Monthly hair, nail and personal care costs add up, especially for women. Consider using home coloring kits for hair or having a girls night-in with a manicure and pedicure swap to save money. For people with a talent to blend and make their own lotions and personal care items, it is cheaper to buy cosmetic bases in bulk and/or make their own products when compared to store-bought brands.
Additional Ways to Save Money on Bills
These are just five simple ways to save money on personal bills. There are many more ways to save money on bills including those of personal finance and household services. Plan in advance and save substantially over the course of a year on bills such as grocery, banking and personal care.
References:
AAA, Your Driving Costs, 2008 report
Sharon Falsetto - Sharon Falsetto is a business owner, certified clinical aromatherapist & professional writer with a life-long interest in plants.
