If you're like most people, you want to save more money, but sometimes you just don't know where to look. Well, you've come to the right post since I found this piece from Money Central that lists 50 ways to trim your budget. We'll review these over the next few days (so we don't miss any). Today we're starting with some ways to lower your housing costs:
- Refinance your mortgage to get a lower rate or to switch from a 15-year mortgage to a 30-year loan.
- Raise your deductibles on your homeowner's or renter's insurance.
- Challenge your property-tax assessment.
- Eliminate premium channels from your cable or satellite TV service.
- Drop the pay TV services altogether.
- Use a clothesline and use your dryer just to soften air-dried clothes.
- Don a sweater in winter and shorts in the summer so you're not overheating or cooling your house.
Is there a why by which to email to a friend this valuable advice. I see many articles here I would love to email to my wife.
Posted by: pradeep | October 10, 2005 at 07:16 AM
Not yet, but it's on my list of enhancements. ;-)
Your best option for now is to click on "permalink", copy the URL in the top, and email the link.
Thanks for asking!
Posted by: FMF | October 10, 2005 at 08:15 AM
Great site! I like the one on raising your deductible (good idea with your car insurance as well). We made the switch some time ago, we've only had one auto or home claim in the last but switching from a 15 to 30 year mortage may save you money but will cost more in the long run. Seems counterproductive to me. You could argue that you can invest the differenc and earn more than the appreciation on your real estate, but most of us aren't that savvy and when you factor in the add'l interest expense I would guess you would usually come out behind.
Posted by: Sack | October 10, 2006 at 12:40 AM