5 Expenses You Can Cut Down Today to Save Money

Most of us would be happy being able to save a quick buck here and there, but it’s not always easy. It’s tough to know which areas of your budget can truly be whittled down, and you might be surprised that certain things you thought were fixed might actually be a little more flexible than you believed.

Here are a few expenses that you can readdress in your budget and take measures to decrease significantly, helping you to save a little extra money each month.


First of all, you don’t need to be spending too much money on your insurance policies. You can find cheap car insurance, as well as a health insurance plan that covers no more than what you need and can afford.

Compare quotes and shop around for a better deal than what you currently have. You could even try presenting these quotes to your current insurer, as they might be willing to lower your premiums to match competitors.


No, you don’t need all 17 of the subscriptions you’re currently signed up to. From streaming services to meal deliveries, it seems that everything nowadays has a subscription option that has you dishing out every month for stuff you don’t really need.

Check out your subscriptions, apps you’re paying for, magazines you don’t read, and cancel as many of them as you can. Of course, you can keep the ones that truly add to your life, but try to be critical about it.


Running a household can be expensive, but there are plenty of ways you can reduce your grocery spending right away.

From meal planning to switching over to a healthier diet (and limiting those expensive sodas and cookies), figure out what’s making you overspend when you hit the supermarket and make an effort to change your habits.

Dining Out and Entertainment

Spending time with your loved ones is an important part of life, and nobody should cut that out of their weekly schedule simply because it’s expensive. Instead, remind your friends that there are loads of fun yet affordable things to do together.

Instead of dinners, coffee dates and nights out drinking, try planning more affordable get-togethers. Things like potluck dinners and picnic lunches in the park are an amazing way to spend quality time together without anyone breaking the bank.

You could even have completely free visits too – a group workout, a walk in the park or a coffee at home.

Fast Fashion

Instead of trying to stay on the latest trends, rather invest in seasonal staple pieces that will stay in fashion for years to come.

While this might mean you’re spending more money on good quality clothing upfront, it also means that you won’t need to replace these items every six months, o you’ll certainly be saving in the long run. Fast fashion is not only bad for your wallet, but bad for the environment and not the most ethical practice, so it’s best to be more mindful about your clothing.