Ucamn

Easy Way to Reduce Average Monthly Expenses

401k Calculator Average Budget Monthly Management Tracker Template Easy Way To Reduce Expenses Expense Calculator, For Family Of 2, Excel, Living Australia, List,

Skye Clemes September 26, 2020 Budget

Hey, I'm going to be sharing with you super simple and easy ways to reduce your average monthly expenses by 50%. Whether you're trying to save for retirement or pay off debt or save up money to purchase home, whatever your money goal is. These are super easy ways to cut your expenses in half.

Tracking in Spreadsheet

The first thing you're going to want to do obviously is track all of your expenses in a spreadsheet. Now this does require a little bit of effort. However, without tracking your expenses and knowing how much you're spending, it is really difficult to know exactly what your big ticket items are, and what are the different areas that you're spending the most money on making sure to track every single dollar that is going out into a spreadsheet is critical. It is essential to have everything written down so that you can start focusing on habits and decisions.

What Items Can Be Reduce?

What are the areas that I'm spending money on, what are those big ticket items that you could perhaps reduce your spending and cost or how much. Are you actually wanting to say I'm gonna throw a screenshot of a budget spreadsheet that both my husband and I actually use feel free to screenshot that and use it and customize it according to your own needs, and your personal expenditure. Essentially you're gonna wanna lay out everything that you are spending on a monthly basis and that's gonna include everything from transportation, housing, food subscriptions, cable utilities.

Blank Expense Sheet Report Budget Average In Monthly Easy Way To Reduce Expenses Calculator, For Family Of 2, Calculator Excel, Living Australia, List,

Having everything written down in a budget spreadsheet is going to make it even easier for you to come up with a plan for how much you actually want to be saving on a monthly basis once you have written down all of your expenses.

Example Household Expense Budget Calculator Template By Smartsheet Com Easy Way To Reduce Average Monthly Expenses Calculator, For Family Of 2, Excel, Living Australia, List,

It's time to start cutting, especially in those areas that are your biggest areas of expenditures, and for us that meant housing, car payments, subscriptions and eating out. So I'm gonna share with you my personal tips on how to cut costs in those following areas.

Google Sheets Budget Expense Calculate Template Dashboard Average Monthly Easy Way To Reduce Expenses Calculator, For Family Of 2, Calculator Excel, Living Australia, List,

Editor Pick`s
FCAC Budget Calculator
FCAC Budget CalculatorOct 07, 2020
Budget Travel Calculator
Budget Travel CalculatorOct 05, 2020

The first one for a lot of people is housing, especially if you own a house, you have your mortgage principal mortgage interest, insurance, property taxes, maintenance if you're thinking of reducing costs on housing. You have two options. One of them is refinancing. Refinancing will help you get a lower rate, and will reduce your monthly mortgage payment. The second option is down sizing and reducing with your mortgage. So if you are thinking that this is too much house for you and living outside of your means, then downsizing to a smaller home might be the next option for you if you are wanting to cut your expenses on housing. The second big ticket item is car payment. For both my husband and I what we did was I actually purchased my car. So I purchased it out, right, and I don't have a car payment. We only have one car payment, and what we actually did for insurance is we consolidated and we got rid of the insurance on one of our cars, because we're currently in quarantine, and we are barely driving. So why pay insurance on both cars when we're barely using the cars? That is one area where we're saving hundreds of dollars on a monthly basis, and potentially thousands of dollars on an annual basis. So a lot of savings there for us.

Household Budget Tracking Worksheet Monthly Calendar Calculator Easy Way To Reduce Average Expenses Expense Calculator, For Family Of 2, Excel, Living Australia, List,

Really love trying new restaurants, trying out new places, new foods and cuisines, and it's a really fun thing for us to do on the weekend. It's like our form of entertainment essentially, but with eating out. It's really key to be mindful of how often are you eating out.

Monthly Bills Budget Expense Tracker Excel Spreadsheet Template Easy Way To Reduce Average Expenses Calculator, For Family Of 2, Calculator Excel, Living Australia, List,

Are you spending a lot of money on drinks? i mean, cocktails can be anywhere up to you know, $15 - $35 per drink if you do enjoy eating out. Establishing a budget for it and cutting back in that area is going to be really key for both my husband and i, what we decided to do was we decided that, "hey...we're not gonna go to these uber-fancy, expensive restaurants". We're going to stick to the casual restaurants. And if we want to do an uber-fancy place, we'll factor that in, but it's not going to happen every single week. So, cutting back with eating out has been huge for us and I know that cutting back in that area can save a lot of money.

Monthly Fixed Expenses Calculator Budgeting Excel Sheet Budget Easy Way To Reduce Average Expense Calculator, For Family Of 2, Excel, Living Australia, List,

This area is a huge one. We spend so much money on a monthly basis on subscriptions. We can easily rock up subscriptions for so many different things that being netflix, spotify, serious x.m. radio, gym membership. So take a look at all of your subscriptions and ask yourself, "do i really need to have these subscriptions? or what can i do to either eliminate certain subscriptions? or try to lower my monthly subscription cost. For example, for both my husband and I for serious x.m. radio, we always call them up every few months, and we say: "hey, we're going to cancel our series like some subscription, and that satellite radio". So, what they would do is they don't want to lose us as a customer and they then come back to us with a lower monthly subscription fee ,and that's great because that lowers our monthly subscription.

Reddit Average Budget Expenses Spreadsheet With Formula Easy Way To Reduce Monthly Expense Calculator, For Family Of 2, Calculator Excel, Living Australia, List,

Editor Pick`s
AARP Budget Calculator
AARP Budget CalculatorSep 24, 2020
Food Spending Calculator
Food Spending CalculatorOct 09, 2020

The same goes for our cable providers. We do this with them as well. We did this with insurance. Really shopped around and we figured out that if we called up our current providers that they would give us a lower rate and if they didn't, then we would go and shop around and find a cheaper place. So, I would urge you to shop around, don't be afraid to tell your providers. You know hey, I'm going to be canceling my membership, and if they try and come back to you with a different rate at cheaper rate, and by all means, take advantage of that. That's an area that you can definitely reduce your monthly expenses.

Vertex42 Com Personal Budget Expenses Manager Spreadsheet Template Easy Way To Reduce Average Monthly Expense Calculator, For Family Of 2, Calculator Excel, Living Australia, List,

The last area that we were spending money on and it's an area that I know a lot of folks include in their budget is travel given the current situation. We are not traveling as much, so it's easy to kind of reduce our expenditures there. However, every single time we look at travel and in trying to book our travel, we utilize our points from our credit cards. We redeem those points for either cash or use those points toward booking for a hotel or a flight. There's a ton of different credit cards out there that essentially will give you cashback rewards every time you use the credit card, and that's great because you can use those tort booking for your next vacation and you can google this for yourself, because there's a lot out there.

Basic Expenses Tracking Spreadsheet Xls With Sub Categories Budget Easy Way To Reduce Average Monthly Expense Calculator, For Family Of 2, Calculator Excel, Living Australia, List,

But the ones that both my husband and I use are the Chase Sapphire Reserve credit card. We also have an Amazon credit card that gives us points. We have an Alaska credit card that gives us miles. You want to make sure that those credit cards are essentially working for you, and that you are receiving some sort of a perk every time you use that credit card towards a purchase. So those are some of my very easy, simple, but effective ways on how to reduce your average monthly expenses. I hope this post was helpful, and somewhat insightful if you did enjoy this post again.

Photos of Easy Way to Reduce Average Monthly Expenses

401k Calculator Average Budget Monthly Management Tracker Template Easy Way To Reduce Expenses Expense Calculator, For Family Of 2, Excel, Living Australia, List,  ThumbnailBlank Expense Sheet Report Budget Average In Monthly Easy Way To Reduce Expenses Calculator, For Family Of 2, Calculator Excel, Living Australia, List,  ThumbnailExample Household Expense Budget Calculator Template By Smartsheet Com Easy Way To Reduce Average Monthly Expenses Calculator, For Family Of 2, Excel, Living Australia, List,  ThumbnailGoogle Sheets Budget Expense Calculate Template Dashboard Average Monthly Easy Way To Reduce Expenses Calculator, For Family Of 2, Calculator Excel, Living Australia, List,  ThumbnailHousehold Budget Tracking Worksheet Monthly Calendar Calculator Easy Way To Reduce Average Expenses Expense Calculator, For Family Of 2, Excel, Living Australia, List,  ThumbnailMonthly Bills Budget Expense Tracker Excel Spreadsheet Template Easy Way To Reduce Average Expenses Calculator, For Family Of 2, Calculator Excel, Living Australia, List,  ThumbnailMonthly Fixed Expenses Calculator Budgeting Excel Sheet Budget Easy Way To Reduce Average Expense Calculator, For Family Of 2, Excel, Living Australia, List,  ThumbnailReddit Average Budget Expenses Spreadsheet With Formula Easy Way To Reduce Monthly Expense Calculator, For Family Of 2, Calculator Excel, Living Australia, List,  ThumbnailVertex42 Com Personal Budget Expenses Manager Spreadsheet Template Easy Way To Reduce Average Monthly Expense Calculator, For Family Of 2, Calculator Excel, Living Australia, List,  ThumbnailBasic Expenses Tracking Spreadsheet Xls With Sub Categories Budget Easy Way To Reduce Average Monthly Expense Calculator, For Family Of 2, Calculator Excel, Living Australia, List,  Thumbnail
Editor Pick`s

Groceries Cost Calculator

Groceries Cost CalculatorOct 09, 2020

Budget Planner Calculator

Budget Planner CalculatorOct 05, 2020
Paycheck Budget Calculator Template
Paycheck Budget Calculator TemplateOct 11, 2020
Retirement Budget Calculator Excel
Retirement Budget Calculator ExcelOct 13, 2020

Most Popular

Automatic Budget Calculator

Automatic Budget CalculatorSep 25, 2020

Budget Calculator Based on Net Income

Budget Calculator Based on Net IncomeOct 01, 2020

Teenage Budget Calculator Template

Teenage Budget Calculator TemplateOct 21, 2020
Budget Calculator Based on Annual Salary
Budget Calculator Based on Annual SalarySep 29, 2020
Budget and Savings Calculator
Budget and Savings CalculatorSep 29, 2020

Terms of UsePrivacy PolicyCookie PolicyContactCopyrightAbout
© 2022 Ucamn. All rights reserved | All materials © their respective copyright holders.