There are many things that we have to buy. This might be items that are necessary to live, such as food, rent or mortgage, loans repayments, contracts and utilities. There are items we need, we have agreed to pay for and that we use, that if we do not we will either be charged extra money or could end up in prison for not paying. However, just because we have to pay for these things, it does not mean that we have to pay the prices we are currently paying for them. There are ways that we can get the costs down.
You will be using different providers for things like any guaranteed payday loans you have, for your electricity, phone, broadband and insurance. You might feel that you are stuck with those providers but it could be possible for you to switch to different ones that are cheaper. It is worth having a good look at the alternatives that are available and you will be able to see whether you may be able to switch and pay less. Sometimes you will be tied into to a years contract or maybe a longer contract. It is worth checking if there is any way out of that contract and if so, how much it will cost. Sometimes the cost will be just too huge, but it might be worth seeing if it will be worth paying that money so that you can then pay less each month. Compare prices and what you are paying to that and even if you cannot switch now, you will have an idea of whether it might be a good idea to switch in the future. It might just seem like a small difference, but if you can save money on everything, even if just a small amount it will all add up and this will reduce how much you are spending more significantly.
When you are buying goods, such as food and toiletries then it is worth comparing the brands that you are buying to see whether you can get the items cheaper. Firstly, consider whether you are happy to swap to cheaper brands, perhaps supermarket own brands, for example. Then also look at different retailers or shops and see whether some are cheaper than others. Then you will be able to pick the cheapest and save money. Of course, you do want to be sure that you are getting good value for money and therefore you want to think about the quality as well. If it is a food that you will eat anyway, perhaps some carrots, then you may not mind, but if it is hair conditioner, then you may find that the cheaper brands do not work so well, so you have to use more and therefore it will not work out cheaper. You may have to experiment with different items to find out.
It could also be the case that you will be able to use less of the items in question. There will be some things you cannot use less of, such as tax but many things you may be able to. For example, you could reduce your rent or mortgage by downsizing or seeing if you can change your mortgage company to a cheaper one. You may also be able to change any lenders so that you are paying less too. It is worth being very careful though to make sure that there are no charges associated with this, both charges from your lender and from the new one. Just ask them and you will be able to decide if you still think it is worth it.
Reducing electricity use can also help. If you make sure that you switch things off when you are not using them and things like this, Small changes can again, add up.
Even with food it might be possible to cut down. If you can cut down on snacks and treats this will help. We all tend to have sweets and chocolate, biscuits, cake and puddings which we do not need and cutting those out will not only be healthier but will save money. We could also reduce our portion sizes if we have large ones and perhaps reduce more expensive ingredients such as meat and fish and replace them with cheaper foods such as beans, lentils and vegetables.