Are You Overpaying For Services?
/Work to spend. Then work some more to spend some more. This is a cycle that many of us find ourselves in. But instead of doing something about it, most of us just sink into the cycle of paying so much out of our bank account, without really considering why we’re paying so much or where our money is going. We know that the bills must just be adding up, but are the bills we’re paying just a little bit too high? Because the older we get, the more bills that are going to be added to the list, and if you start your own family or perhaps you already have, then you’ll understand how much money really comes out of a bank account. So, we’re going to try and show you some of the most expensive bills that you’re paying, and how you can work to get them down a little bit. The more you focus on reducing them, the more you’ll realize that managing your finances can be an ease-ful process. So, keep on reading, and see if you can get your monthly bills down!
Keeping Your Car On The Road
Keeping your car on the road is so important, because once you get into that driving lifestyle, there’s no way that you can go back to using public transport. But you can imagine how much money you would save if you did! So to keep your car on the road for less, you need to think about the car insurance, because that’s most likely going to be the most expensive bill related to your car. One of the biggest mistakes is allowing your insurance to auto-renew. When in fact you should always shop around for the best deal. Car insurance quotes can vary each year, and generally tend to go down as you get older and your record stays clean. But it’s often found that the renewal quote that the insurance company you’re with at present, will be far higher than one you could get! So always make sure that you’re shopping around.
Rent Or Mortgage Payments
Some of you might not have a mortgage at the minute, and that’s completely fine. Owning a home does not necessarily equate to financial success. If you are renting, the only way you’re going to be able to reduce that is if you move around a little bit, which is often going to be beneficial as you might find a more flexible landlord. With the mortgage, you could try refinancing the home to save some money. You might lose out on the value of the home, or it might work out better in the long run. But either way, people who do this do tend to save money on their mortgage!
Subscriptions That Add Up
Subscription services are the ones that add up the most we’ve come to notice, because when you look at them as individuals, they might not seem that bad. But when you add up your phone bill, Netflix subscription, Amazon Prime, beauty box deliveries, or whatever else it is that you might pay, you’ll realize it’s so much! So think about cutting a few of them out, and just sticking to the bare minimum if you want to save some true money!
About Money & Mimosas: Money & Mimosas was started as a passion project by Danetha, a former NFL cheerleader turned entrepreneur and financial journalist. After a brunch conversation with girlfriends, Danetha was inspired to launch a blog to explore her journey of becoming rich, sexy and confident.
