Did you realize if you can cut back $10 a day, you’ll save $300 a month?! That’s $3,600 a year! If you start looking at the small daily expenses you will find immediate ways to save money.
6 Things to Cut From Your Budget Today
Ready to Drink Beverages
This means coffee at Starbucks, Tim Hortons, Dunkin even the gas station—alcoholic beverages at dinner. Even buying beer from the store is a place to cut back. Soda, energy drinks, and bottled water can all be excluded from your grocery list.
You think you aren’t spending a lot when you buy things that may only cost $2 at a time. However, when you look at your budget and see that you bought two energy drinks five days a week at $3 each, you just spent $15 on drinks. That’s $60 a month, which can easily be your cable bill or cell phone bill.
Anything that is a drink prepared for you- is not a need and can be cut from the budget.
If you figure kids’ haircuts are, on average, $25, a women’s cut is around $50, and Dad squeaks by at $30. A family of five at this price is $155, and do you go every three months? That is $620 a year on haircuts.
If you have boys, you can buy an affordable buzzer and give them a cut yourself. Youtube videos are all over, teaching you how to cut your kid’s hair.
Even if you can’t afford your regular stylist, you could take the chance at Supercuts for $18 on average plus a tip; still, this is an expense you can cut out while you catch up on bills/ debt. Go longer between cuts if you can’t DIY.
I’ve been cutting and coloring my own hair for years now. For the last year and a half, I’ve been using esalon. They customize the color for you, and it gets shipped to you. I like setting it to every eight weeks and knowing when it shows up; it’s time to color and trim my hair.
This year 2023, I grabbed the Highlighting kit from Esalon and loved it! Easy to use.
This is the video I use to cut my hair and my girl’s hair, plus add layers to my hair.
If you need to save money fast, eliminating going out to eat should be number one, but that’s not that silly, is it? It’s obvious. If you decide not to eat out for an entire month, you may be tempted to buy the prepacked dinner meals at your grocery store.
Skip it. That premade lasagna costs you $15; you can make it at home for less. Depending on your family size, you may even get two meals out of it.
Try one of the Frugal Snacks you can make at Home HERE.
There are always deals on noodles and pasta sauce. Challenge yourself to make any meal you typically buy at the store this month.
You don’t need fancy recipe books, just internet access, because there are an insane amount of incredible recipes to make anything you need online.
Can I say hello, Pinterest?!
( Follow my Frugal Meal Planning board here)
Grab my FAVORITE meal planning planner too; grab it right now as an instant download and use code Tiktok to get 50% OFF! That’s a deal, friends!
Get Rid of Services
Any lawn care, snow removal, get rid of. You may think you don’t have the time, but you will find the time if you prioritize saving money. So give it a shot to do it yourself.
If you physically can’t do it, see if a neighbor or a teenager can pick up one of the services you are paying for yourself.
Trash collection is another one. Call around and see if there is a cheaper one. I was surprised to do this myself and find out we had several options. Finally, look into taking your trash to the town/city recycling center.
The average in our area is $1.50- $2 a bag. This can be cheaper for those who don’t have a ton of garbage. This cost is usually less than the price of paying for a trash removal service.
Get Rid of Extra Prime Services
You may not realize all those free trials you signed up for are still on your Prime Account. You may be able to get rid of your Prime Membership altogether. So should you be buying all those items through Amazon Prime, to begin with?
Look at the benefits of an Amazon Prime membership and figure out if it is worth the extra cost. When you add on extras like the Showtime channel or even Prime Pantry, you pay for it.
There is a good chance it is not worth the extra cost at this time while you are trying to pay down debt or catch up on bills.
You can watch so many shows on Youtube for free. Netflix is a cheaper alternative to cable and even Prime. Do you need an audible subscription? Go through your Prime account and cancel any extra services.
Go through all your extra streaming services and see if cable may be cheaper.
Then write down the services from Amazon you use daily. Is it worth the cost of $119 a year?
If you are looking for FREE baby items, check out this list that was a lifesaver for me during those late-night feedings.
Pet Treats/Salon Visits
Your sweet little one can go a month or two or three without a special treat. If you can’t be that cheap, again pull up Pinterest and search for homemade recipes to make your pet something special. Forget taking them to get groomed. You can do this yourself.
Utilize that bathtub and shampoo!
I encourage you to strive to save $10 a day, whether it’s from one of the above items mentioned or getting creative to things you can keep in your own home. If you have an extra $3,600 today, where would it go?
Remember always to visualize where every dollar is going and to keep your eye on the prize! Your end financial goal.