Published on November 19th, 2013 | by Pete0
5 Common Unnecessary Family Expenses
If you are trying to save money but can’t seem to work out where to make the cut backs then the best way to go about doing this is to look at the things that you really need. Everything else is a luxury. We need a roof over our heads, a car to get to work, food to eat, and clothes on our bodies, but when choosing which sorts of these things we actually need, we can start to look at things that are actually unnecessary to keep the family running smoothly. Here are 5 common unnecessary family expenses that could be cut from the budget so that more money can be paid off the mortgage so that families can own their home sooner.
Cable television is one of those things that you don’t need. In fact, unless you are watching television for a number of hours a day then it is really like throwing your money away. The best thing about cutting out this expense is that you will be likely to spend more time with family. The time that the family is not watching TV they can be reading books, having games nights, or spending time getting out doors in the fresh air. You’ll be doing your family a favour by getting rid of your cable, and saving a lot of money too!
Magazine subscriptions are common way that families see a lot of money walk out the door, and often we don’t even notice how much money is actually being spent, and it all adds up. Most magazines have an online version so not only do you save trees from not having the paper copy, but you also save money on the magazine subscriptions
When we buy a bottle of water we spend at least $1.50 and if we happen to buy a bottle of water every day when we are out and about, pretty soon, it really adds up to a lot of money that we are spending unnecessarily. Having a stainless steel or BPA free plastic bottle that we keep with us and refill from home will mean that we always have water with us when we are thirsty and aren’t wasting money (and contributing to landfill).
Not all families have a pet, but for those that do, often there is a huge amount of money that can be saved on doing your own pet grooming. Purchasing a pair of clippers can mean that you will be able to do the grooming yourself at a fraction of the cost. It all adds up, and this is one area that a lot of families are wasting money that they don’t really need to spend.
Second Hand Goods and Clothing
There was once a time when buying clothes and household-items second hand was something that we thought of as something only ‘poor’ people did. But more and more now people are turning towards buying second hand goods as a way of saving money, and there are a lot of really cool things that are available at second hand shops. As they say, one man’s trash is another mans treasure!