Thursday, April 16, 2009

Step 1: Reducing Monthly Expenses


Are you finding yourself not being able to get ahead with your bills? Maybe it’s time to re-evaluate your expenses. Over the next few weeks, Budget Brilliant will be highlighting some areas of your budget that can easily be reduced.


* Today’s Budget Cut: Cable Television
Subscriptions to an expanded cable package can be really expensive, reaching $100 in some areas. Reducing your cable package to at least the basic channels or eliminating it all together will save you around $50 a month and make you $600 wealthier at the end of the year.

Some things you can do instead of watching television include:


· Read more. It’s easy to find deals on magazine subscriptions or if you don’t want to spend any money – try swapping with friends.
· Spend time with your friends, kids or spouse. Organize a game night or head outside.
· Watch movies at home. Instead of buying new DVDs or renting them, check out your local library to check out various selections of movies, music, audiotapes, books and other types of media. This will also keep you from getting bored and keep a steady stream of entertainment going.

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