What’s the most effective way to cut back on spending?

When you’re single, you don’t need much money. You need a place to live, a nice TV, and hopefully some cash left over for a social life.

 

If the social life works out, you get married. Then there’s the mortgage, and the baby, and the minivan, and before you know it, the lessons and the private school, and you have no money whatsoever. (Add “The Great Recession” to the mix and you’ve got a real party.)

 

What are the most effective ways you’ve discovered to cut back on your spending? Clipping coupons? Fewer meals out? Rethinking that scuba diving trip to the Maldives? Please let us know in the Comments section…

 

Comments Via Facebook:

2 Responses to What’s the most effective way to cut back on spending?

  • DorisC says:

    Oh for sure if you stop eating or ordering out is a MAJOR way to save money. When I don’t feel like cooking I tell everyone we are having MUSTGO for dinner….all leftovers mustgo!

    I also clip coupons. I used a recipe box and have everything in alphabetical order. I shop at different stores and buy what is on sale. I might not need the baggies or the paper towels this week, but if I can get it really cheap on sale and with a coupon, I will buy it and stash it for future use.

  • Bruce says:

    Love the “MUSTGO for dinner” policy!

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