There are many ways to cut down on your expenses and save more money. The easiest and simplest are often the ones you ignore, but read this post and be reminded of how simple it actually is to avoid getting deeper into debt.
Refinance your mortgage
Look for a company offering a fair mortgage refinance rate in Salt Lake City. The whole point of refinancing a current mortgage is to get a lower monthly payment. With a lower monthly, you can stretch your dollars a little further.
You probably don’t realize it but right now you have more subscriptions and memberships than you have any real use for. For example, do you even go to the gym? It takes several hundred a month from your bank account or credit card and you only get to use the facilities twice a month. You can just run in the park, where it’s free. Do you watch a lot of cable? If you do, that’s probably part of the reason you’re always running low on cash. Do you need a big data plan on your phone, or do you only need it for when you’re bored on the bus? If that’s the case, read the paper or a book instead. Replace your phone plan to an ordinary cell phone plan. Use your Internet at home or at the office instead.
Keep only one credit card
One credit card should be enough for what you need, such as groceries and perhaps some clothing items or shoes now and then. Having a bunch of cards tempts you to binge on retail. Cancel your cards and leave only the one that you like the most. Pay cash whenever you can. That keeps you aware of your buying limits.
These are only three suggestions. Surely, you can come up with other ways to lower your monthly bills and expenses.