One of the Smart Ways To Save Money is to cut down on the amount of money you spend on housing. It can run up to 25% of a household’s budget, so cutting back on your housing expenses will help you save a large sum of money. Also, make sure you get regular dental checkups, since these procedures can be expensive if you don’t have health insurance. You can also compare prices on prescription drugs to save money on your health care.

Take public transportation instead of driving your car. By taking public transportation, you can save hundreds of dollars a year. You don’t have to pay for gas, parking, or taxi fares, which will save you money on your overall budget. According to the American Public Transportation Association, a single ride on public transportation will save an individual about $847 a month or more than $10,000 per year. You may not realize it at the time, but a couple of days of public transportation a week can add up to a large savings.

If you regularly pay bills late, it is better to pay it off in full each month. Late fees and interest charges can add up quickly. Moreover, a single late payment can be more expensive than the actual cost of the item. If you can pay for your prescriptions online, you can save even more money. You can also sell unwanted items to get cash. You can route this extra cash into your savings account. And don’t forget that paying yourself first will also have significant behavioral benefits.

Another smart way to save money on food is by doubling recipes. Doing this will save you money on groceries and electricity bills. Another way to save money on food is by brown bagging. By brown-bagging, you can reduce the cost of food by up to 40%. You’ll be surprised by how much you can save by following these simple smart ways. It’s never too late to start saving money on food!

One general tip to cut water usage is to install smart showerheads. Smart showerheads can reduce your water usage by up to 50%. Installing a low-flush toilet saves 19% of water per flush. Also, you should avoid washing dishes in the sink for more than three minutes, as this uses up 6 gallons of water. Dishwasher cycles are a more convenient option. They save a lot of water.

Another smart way to save money on your entertainment budget is to cancel your cable subscription. Netflix offers a free trial for all its shows and movies. Another way to cut down on your entertainment spending is to ditch your cell phone. An average American household spent over $1,500 on cell phones in 2015. The highest spenders spent more than twice as much. By cancelling your phone contract, you’ll save money on a cell phone bill each month.

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