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Top 7 Simple Ways To Cut Monthly Expenses And Boost Savings

You might be surprised to find out how easy it is to cut monthly expenses and boost savings of hundreds or even thousands of dollars annually. And the best part is that you wouldn’t have to drastically change your lifestyle to be able to reap the benefits.

If you're looking for easy and simple ways to save every month, then Simply follow these top 7 tips from us at Title And Payday Loans. Start building better financial habits today!

7 Ways To Reduce Monthly Expenses And Start Saving

1. Update Your Subscriptions

Take a look at your monthly bank statements, find the recurring payments, and, if they're a subscription, cancel them if you haven’t used the service or product in a few months.

Tip: if you’re subscribed to a streaming service, perhaps, it’s time to finally cut your cable. This will help you save over $40 per month!

simple ways to cut monthly expenses and boost savings

2. Lower Your Cell Phone Bill

Switch to a prepaid plan or carrier. Prepay-only carriers such as Cricket and Visible offer low-cost plans and some of those even have unlimited data.

You can also change or remove your cell phone insurance. The latter option will help you save up to $300 per year, but you might want to opt for the lowest tier just in case.

Tip: if you sign up for automatic payments, your wireless carrier might knock $5 off your bill.

3. Shop Around For Insurance

Insurance is an expense that should definitely be included in your budget as it will help you take care of bills in case a disaster ever strikes.

However, that does not mean that you have to go for the most expensive option out there.

Local and regional insurers typically have higher customer satisfaction and some offer lower insurance rates than the big names. By the way, don’t forget to ask for discounts when shopping around – you might save quite a few bucks if you bundle your car and homeowner’s insurance.

4. Save On Utility Bills

  • You can save up to $200 per year if you unplug all the devices that are not in use.
  • Water heaters that are set at 140 degrees waste between $36 and $60 annually in standby heat losses (the chances are high that you don’t need it hotter than 130 degrees)
  • A leaky faucet that drips a single drip per second can waste over 3,000 gallons per year. If you fix your leaky toilet and faucets around the house, hundreds of your future showers will become almost free.

5. Start Meal Planning

Planning your meals in advance can help you save up to $500 a month!

With a plan, you don’t end up overbuying and throwing away the ingredients that you haven’t used up. To go the extra mile, pack your own lunch to work, and save around $10 daily.

6. Drink Coffee At Home

Having your morning coffee at home can, in some cases, help you save over $1,000 per year.

You can set up a small coffee station in your house, but a simple drip coffee setup will get paid off in just 2.5 weeks.

lower your bills note with cash

7. Buy Generic Brands

Generic brands taste just as good, and they are typically at least 20% cheaper than name-brand foods.

Some of the items that you should always buy generic to save a small fortune include:

  • Cleaning products
  • Coffee
  • Chocolate
  • Canned seafood, vegetables, and beans
  • Meat
  • Baking mixes
  • Frozen fruits and vegetables
  • Diapers
  • Water

Where To Get Urgent Cash?

If you decide to incorporate the money-saving advice mentioned above into your day-to-day life, you might manage to save at least a few hundred dollars per month. And though that’s an incredible result, if you’re planning on building a sufficient emergency fund from scratch, it might take you some time.

If you end up in a tough financial situation while getting that savings fund stocked, you might want to turn your head towards a loan.

How To Find A Reputable Lender?

We at Title and Payday Loans work with a network of licensed professionals from across the country.

If you’re already dealing with a lot, you might not have enough free time to search for a trustworthy lender. With us, you wouldn’t have to. 

It may take you just a few minutes to fill out our inquiry form online at After that, we will connect you with a reputable vendor in your area in the shortest timeframe. It’s that simple.

Take Care Of Your Emergency ASAP!

Even if you have been doing your best to cut monthly expenses, a financial emergency can easily make all your efforts go to waste. If you urgently need cash to take care of a medical bill, important house repairs, or unexpected travel expenses, we at can help you get the money you need as soon as possible.

Once we connect you with a trustworthy lender, you might get approved for the loan in only 30 minutes. Furthermore, you’ll receive up to $1,200 for a payday loan or up to $15,000 for a title loan the following business day or, in some cases, even the same day. Don’t waste any more time and get started right now by filling out the short online form!

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.

Daniel Dewitt

Daniel Dewitt is a lifetime blogger with a finely-honed ability to break down, analyze, and interpret economic trends for the layman. He's fiercely invested in spreading financial literacy and helping everyday people gain the tools they need for their own economic success.

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