Ways to Cut Expenses In This Depressed Economy

Money/Finances - Personal Finance
By: MBBerry    
13-Jun-2011

Introduction:While the government keeps telling us that the economy is getting better more and more of us are feeling the pinch more than ever. With no real improvement in the job market and prices of every thing from gas to food climbing by the month we all need to find ways to cut a few more expenses. Here are some ways to do that and to help save money for paying our bills.

  • 01

    Grow some of You Own Food

    Growing at least some of your own food can really save on those food expenses. You don't need as much space as you think to grow at least some vegetables. Even people in the city are going tomato and other plants in containers on their balcony, porch, or in their limited yard space. Choosing to grow even some of your own food can save you at least a few dollars at the grocery store.

    For the less faint of heart that live in more rural areas you can even raise your own rabbits or chickens with very little trouble to help provide meat for your family.

  • 02

    Barter For Services With Your Neighbors

    One neighbor may be good with car repair while another is a whiz at yard work or child care. Trading services with your friends and neighbors can save you a heap of money on services that you would normally have to pay out of your pocket for.

    One elderly woman I know traded her delicious homemade bread to neighbor for cutting her grass. She saved over $100.00 in fees and the neighbor claimed to have saved at least that much on bread, rolls, and baked goods.

  • 03

    Swap Items

    Start a book swap club, a clothing swap or swap anything else from small appliances to home decor. We all have items in great condition that are just sitting in storage that can be traded with others for something they need or want. You can even place an add in the newspaper or online offering to trade something you have for something you need. Depending on the items you can save anywhere from a few dollars a month to hundreds.

  • 04

    Car Pool

    With the price of gas these days car pooling isn't only good for the environment it is also good for your pocketbook. Go grocery shopping with a friend or form a parents carpool to drive kids to and from school. Imagine how much you could save in just a month by only having to take a turn buying gas once a week instead of everyday.

  • 05

    Shop the Thrift Stores

    Thrift stores are a treasure trove of good finds for extremely low prices. Not only is it possible to get new and almost clothes for low prices but, you can often find appliances, computers, and other expensive items at reduced costs and in excellent condition.




Final Thoughts

Saving money has become an art in this day and age and finding and using every method at your disposal can mean the difference between living better and simply surviving.




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