Cutting Costs: What Not to Buy on a Budget

cutting costs

Inflation and the high cost of living can make it difficult for many people to make ends meet. In fact, research shows that about three out of five Americans live paycheck to paycheck, and many of these individuals have lost financial stability. This is especially true for those in the lower-income bracket, who are often looking for ways to reduce expenses and hold onto more money.

Here are some ways to help you save money and build your nest egg:

Reevaluate Your Subscriptions

Do you really need all of the subscriptions you currently have, especially if you’re on a tight budget? For example, streaming services like Spotify, Netflix, and HBO max can cost at least $340 per year. Consider canceling subscriptions that you don’t use or need, and only keep those that you use and can comfortably afford. Additionally, unsubscribe from email newsletters or regular advertisements that may tempt you to make impulsive purchases. You can always resubscribe later if you find that you miss or need the service.

Review Your Regular Purchases

Expenses are inevitable, especially if you have a family to support. However, it’s important to stay within budget and only buy what you need. To do this, create a meal plan for the week and make a shopping list before heading to the store. This will help you avoid impulse purchases and minimize waste. Some apps can even help you create and organize your shopping list by grouping items into categories for easy shopping. Apply this same logic to other repeat purchasing throughout your budget.

Cut Home Energy Costs

There are several ways you can lower your utility bills. For example, sealing windows and caulking doors can keep out heat and cold, reducing your cooling and heating costs. You can also switch to energy-efficient light bulbs, which use less energy and last longer, and invest in Energy Star appliances that use less energy as well. Additionally, try to utilize natural light during the day and only turn on lights at night to minimize energy use.

Reevaluate Needs Vs. Wants

It’s important to differentiate between needs and wants. Only buy what you need and can afford at the moment, and consider cheaper alternatives for other items. For example, if you’re struggling to pay your bills, it might not be the best time to buy a new car. And if your closet is already full, you don’t need to buy new, expensive clothes just to keep up with trends. If you can’t afford an item, it’s okay to wait until you have the financial means to purchase it.

Join the CashFurther Community

To learn more ways to improve your personal finances, consider joining the CashFurther community and interacting with other like-minded individuals. This can be a great way to get support and advice from others who are also looking to cut costs and save money.

Additionally, you can find additional tips and resources for managing your finances and building your nest egg. Don’t let the high cost of living hold you back – with some careful planning and budgeting, you can take control of your finances and secure your financial future.

How to Give a Great Job Interview


Congratulations on landing a job interview! Whether you’re an experienced interviewee or this is your very first time, it’s natural to feel some nerves. But the more you prepare, the more confident you’ll feel during the interview process. Here are some tips to help you give a great job interview and set yourself up for success.

Do Your Research

Before your interview, take the time to familiarize yourself with the company’s history, vision, current projects, and workplace culture. This will help you understand if you’re a good fit for the company and why you’re attracted to the position. Scour the company’s website and social media to find out as much as you can about the company. This will show your interviewer that you’re prepared and have a genuine interest in the position.

Plan Ahead

The morning of your interview is not the time to discover that you don’t know where the job site is or that your perfect outfit is at the bottom of your laundry hamper. Plan ahead to ensure that you arrive on time and dressed for success. Fully map out your journey to the interview location, including the commute time and any potential delays. If the location is unfamiliar to you, consider taking a trip there a few days before the interview to familiarize yourself with the area. Also, iron and lay out your interview outfit the night before so that everything is ready to go when you need to leave for your interview.

Practice, Practice, Practice

You may have prepared answers to common interview questions, but if it’s been a while since you’ve been through the interview process, you may feel overwhelmed and forget your answers. To avoid this, take some time to practice answering questions you expect to be asked. You can even ask a friend to conduct a mock interview with you to help you practice delivering your answers to an actual person.

Follow Up

After the interview, it’s important to follow up with a thank you note within 24 hours. This shows your genuine interest in the position and can help set you apart from the competition. Send an email to each person who was present at the interview thanking them for their time and reiterating your interest in the position.

By following these tips and being prepared for your interview, you’ll be well on your way to landing your dream job and achieving financial security.

If you want to learn more about improving your personal finances, consider joining the CashFurther community to interact with other like-minded individuals.