5 Ways to Cut Household Expenses and Save Money

Do you think it’s impossible to cut everyday expenses, or that it’s not worth the hassle? Time to change your thinking! There are many ways to save money by spending less without having to make significant sacrifices.

In this post, I’ll cover five ways to cut the cost of items you’re already buying. Then you can use the savings for your financial goals, such as building an emergency fund and investing for retirement. 

If you listen to the companion podcast (using the embedded audio player above or on Apple Podcasts, Stitcher, and Spotify) you’ll also hear a clip from my guest appearance on the first episode of The Save Space podcast. I had a blast chatting with host Kelly Sutton about a variety of tips, including managing household expenses, saving more, dealing with financial hardships, and creating emergency documents to protect you and your loved ones.

5 Tips to Cut Expenses and Save Money

1. Research and shop online.
2. Buy pre-owned clothing.
3. Enroll in subscription services.
4. Use grocery delivery services.
5. Shop farmers' markets.

Here’s more detail about these clever ways to put more money in the bank.

1. Research and shop online

If you love shopping at local stores, consider how shopping online can help you pay less. One is that it’s much easier to research and compare prices and discounts at different merchants. You also don’t have as many distractions as when you wander around a brick and mortar store.

Online shopping also saves a ton of time and hassle. You don’t have to deal with traffic, parking, or long checkout lines. Many retailers offer free shipping, so you don’t even pay for the convenience of having items dropped at your front door.  

It’s much easier to research and compare prices and discounts at different merchants.

But before you hit the “buy” button, always look for ways to save even more. Check out Rakuten (formerly called Ebates), which is an incredibly easy and free way to save even more.

Once you visit Rakuten, search for the store you want to shop and click through. If you make a purchase, they get a commission from thousands of top online stores and share it with...

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