Sometimes, you have to spend money to save later on. We bought a Yeti cooler. it keeps things cold for days. We travel a lot. We save so much money on food by bringing our food. The cooler paid for itself, the first trip we took it on.
Use half or a quarter of the products you uss Examples:
Use less laundry soap.
cut Scouring pads in half
Use less cleaner and let it set.
How to save on your power bills:
clean your lights bulbs. Dirty Light bulbs emitt 30% less light. You may use less lighting.
Keep your freezer and fridge full. I always had bottles of water when things are low.
Use power strips and turn off the power strips. Tekevisions and computer draw power when off. I save 20% of power bill every month doing this.
Insulate your water heater and set it to 120 degrees. Savings 50 dollars a year.
Hang your laundry.
Eliminate as many things as you can to bring down that budget
Close your closet and pantry doors. You can avoid heating and cleaning another room space.
Program your thermostat
Things you can eliminate:
dryer sheets
cleaners
makeup items
Check your mortgage PMI. You pay anywhere from 30 to 70 per month for every 100,000 you borrowed. A homeowner can cancel PMI when you hit 20% equity in your home. Add that amount to your principal.
Our next goal is to pay off the second rental house we own in 5 years. My side hustles allowed me to build a substantial downpayment for the second rental.
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