While building a lifestyle of saving money takes time and discipline, there are some things that you can do to save money nearly instantly.
Oftentimes, the process of saving money is viewed as something that must be done through an organized and complex budgeting system. While I do recommend budgeting, there also are some instant fixes that can help you save money today. Many of these things will just be the result of subtle changes to your lifestyle, or may not even be noticeable at all. Here are some simple yet unconventional ways to save money.
Watch your Thermostat
The average electricity bill in America is well over $100 per month, with cooling comprising over 40% of this number. A simple way to save money is simply to adjust your thermostat when needed. It is common to need a specific temperature for comfort, but chances are you will not be home or need this temperature at all times. In cases like this, simply turn your thermostat up when not being used to save money on your energy bill.
Raise Insurance Deductibles
Raising your deductibles is something that can save over $300 a month, depending on your insurance policies. However, I would only do this if you know you will be able to cover any sort of accident that may occur with your own funds, and if you are confident in your ability as a driver and are able to avoid any incidents. This is something that will instantly save you money if you feel confident in this.
Get Rid of Cable
Most people need some form of TV or entertainment, which is completely understandable. However, it is far more reasonable than ever before to do away with traditional cable bill costs. Part of this is due to the fact that there are so many more viable options such as Netflix and Hulu for cheaper entertainment. You can even watch cable networks on most of their apps nowadays as well.