The 10 Items I Cut From My Budget To Save An Additional Five Hundred Bucks A Month
How I’m saving an extra $6,000 this year with minimal effort
About 18 months ago, I fully embraced the frugal lifestyle so that I could finally break a few bad spending habits and arrive at a much healthier relationship with money. In recent months, however, I’ve found myself backsliding a bit toward my old ways of spending. In order to prevent a complete resurgence of my old money habits, I went back to trimming all of the fat that I could find from my budget. This time around, I even came up with a few new ways to save. Here are the ten things I cut from my budget to save an additional $500 per month.
- Unlimited Data — Monthly Savings: $60
My $75 phone bill has always been an item in my budget that I never thought to question. Since I still remember getting charged exorbitant rates for even the slightest data overages on a family plan that I used to share with my siblings years ago, I assumed that paying more upfront for the unlimited data plan was going to be the cheapest way to go. But now that I can pre-download just about anything from Spotify and Netflix, and free WiFi is just about everywhere now, paying for all that data is no longer necessary. So I did some shopping around and was able to downgrade to a no-frills service for just $15 a month…
