Lower Monthly Bills with 6 Easy Steps

With the cost of living skyrocketing in most US cities, we have compiled 6 simple ways to lower your monthly bills and increase the extra money in your pocket. With all the money you save we encourage you to pay off your debt or take a family vacation this summer!

Refinance Your Car

Refinancing your car can help your finances in more ways than one. It can lower your interest rate, monthly payment, and the lifetime interest that you will pay over the life of the loan. Refinancing your car can save you an average of $81/month. Consider how the extra money can help you pay off credit card debt, enjoy a summer vacation, or even save for a rainy day.

RateGenius is a nationwide, web-based vehicle refinance company. With more than 150 lenders across the country, we can find you the most competitive vehicle interest rate to refinance your car, truck, or SUV. Apply online and start saving today!

Bundle Auto and Home Insurance

Bundling your auto and home insurance can lead to discounts that may lower your monthly payments by a sizable amount. Don’t own a home? Look for ways to bundle your renters and auto insurance through your auto insurance agency.

If you aren’t looking to bundle, you should also consider reevaluating your current policy. There may be another company out there that can offer the same service at a discounted rate. Why pay more?

Cut back on your Electricity

Every night before bed, turn off lights, fans, and even unplugging or turning off appliances can help you cut back on your usage. Unplugging unnecessary appliances before leaving your home is another way to maintain a lower monthly bill.

Carpool or Use Public Transportation

Leave your car at home and opt for riding the bus or carpooling with co-workers. If you live in a city with ample public transportation, take advantage of it and save yourself from the rush hour traffic frustration. Ask co-workers who live near you to meet a few days a week at a close location and rotate driving each other. This will help you save gas, mileage, and potential wear and tear on your car.

Cancel Your Gym Membership

With summer just around the corner, this is the perfect time to drop your gym membership and opt for outdoor or in-home workouts. Soak up some sun on a brisk walk or run and end with lunges, squats, and arm exercises for a well-rounded workout! Too hit where you live? No worries, pick up a cardio or yoga video at your local grocery store and get moving!

Cook at Home

Preparing meals at home can save you time and calories! Meal prepping helps to plan your meals in advance and is a great way to ensure you have food when you need it. Treat yourself to your favorite restaurant once a week, but cut back throughout the week by making simple and delicious meals at home.

Find us on Facebook and tell us how you are saving money this month!

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