For most of us, the cost of everything has risen ahead of our income. In some cases it may be more than costs that have risen; it may be your consumption. If you are looking for ways to control both rising expenses and increasing consumption, here are some timely suggestions.
The Roof Above and the Utilities Within
You are probably using more of your income for housing than in the past, but make sure you are getting the best rates available for both your mortgage and any equity loans, and that you are deducting every penny allowable under current Internal Revenue Service (IRS) rules. Shop around!
Review your home heating fuel consumption for the last 12–24 months and get on a budget plan that reflects true current prices. Lower fuel prices should not mean relaxing where insulation and conservation are concerned—check your insulation and trim another degree off the thermostat!
Check your local electric and water departments for free conservation programs and tips. Expect their rates to continue rising, and adjust your lifestyle accordingly. As with heating, remember to adjust the thermostat during air conditioning season.
Telephone service has added enhancement upon enhancement over the past few years. Ask yourself if you are really using all the new services, or if you have them because the ads are so convincing. Life without “call waiting” may be rather pleasant.
Shopping Sprees
Going to the “super” grocery store can be a great adventure. Make a shopping list of what you want. Get a special store card to scan for specials, clip some coupons, and grab a supermarket circular for specials. The use of lists, specials, and coupons can reduce your weekly food bill by up to 20%.
Clothing prices have gone out of control, but you have the power to bring them back into line by remembering one fact: The “Name” on the front, back, side, or anywhere else does not mean that the article of clothing will wear any better or any longer than the “No-Name” variety. Try this fact on for size and watch your clothing expenses fit with reality once more. |
