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10 Ways to Reduce Your Monthly Bills

Every month, you have a number of bills that you need to pay so that you can maintain your lifestyle. You should know that you can increase your disposable income by managing your bills and cutting down your expenses. Here are ten ways to help you achieve just that.

  1. Sell your Excess

How many televisions and fridges do you have? How many other electronic items do you own where you have more than one item? Consider selling anything that appears in double numbers in your home. This will help you bring down your electricity bill as well as help put some money back into your savings account.

  1. Public Transportation

Rather than using your car each day to get to work, consider using public transportation instead. Train and bus tickets are much cheaper than fueling your car, and paying for the maintenance costs. Furthermore, when you use your car there are other costs that you will incur including parking costs as well as toll costs for using major highways. If for the most part, you spend your day in the office, then you can choose to Uber to attend meetings or other engagements.

  1. Purchase Items in Bulk

When doing your monthly household shopping, consider buying some items in bulk, especially nonperishables that you know you need. These are items like soap, water, toothpaste and so one. Purchasing in bulk is often cheaper, and you may find that you use even less of these items in the long run.  

  1. Have a Dinner Party

It may sound strange to have a dinner party at home when you are trying to save money, but it helps immensely especially if the alternative is that you would take your friends out for dinner and drinks. Cook a meal like pasta that is affordable, and ask them to bring a bottle of wine with them. It will be much cheaper than paying a large bill at the end of the evening.

  1. Use LED Bulbs

Change all the bulbs in your house to LED bulbs to cut down the costs on your electric or energy bill. They cost more than normal bulbs, though you should look at these as an investment. They last up to ten times longer than these bulbs, and use only a third of the amount of energy.

  1. Consolidate your Debt

Consolidate all your loans, especially your student loans, into one account. This means that you will only be paying back one interest rate and installment. You may stretch out your bills for a longer period of time but on a month to month basis, you will make incredible savings.

  1. Keep to Deadlines

If you have a monthly deadline for a payment, make sure that you stick to it. Often, people extend these to fit their needs at the time and the result is that your interest rate goes up. This means that you end up paying back much more than you had earlier anticipated.

  1. Bring Down your Cable

Cable is by far a luxury, so you should make sure that you keep it as basic as possible. This means bringing down your package and eliminating all of your premium channels. Instead, you can choose to stream your favorite programs on other options that are much cheaper such as Netflix.

  1. Cut out Club Memberships

If you belong to a country club, cut out that membership, especially as it is likely that you spend less than once a week there. This is a cost that you will not miss.

  • Grow your Own Food

Get some pots out and start growing your own vegetables and fruit at home. There are so many varieties that can grow in minimal space, which will save you high food bills. Furthermore, you can trust that all your food will be organic.

2 Brilliant ways to use Bitcoin

With money in your wallet, or a positive balance on your credit card, it is possible for you to figure out a number of ways that you can spend. Whether you are purchasing something in a shop or online, you can count on this being a readily accepted currency. However, when it comes to using a cryptocurrency like Bitcoin, you may find that your options are somewhat limited. Being a digital currency, you will find that it is not accepted so readily in outlets that are not online. Nonetheless, there are still some amazing uses of Bitcoin. Here are two that you should consider: –


Alternative to your Bank Account

Your bank account is possible where you put most of your money, though it is possible to have a debit card from your Bitcoin wallet. Rather than putting money into your bank account for a debit card, use your Bitcoin wallet and you will have the benefit of a currency that is consistently growing in value. This means that even when you are spending your money, it may appreciate enough that you barely feel a dent in your finances.  and other currencies. Furthermore, you will find that all types of shops are willing to accept a debit card for payments which opens up your ability to spend the Bitcoin anywhere in the world. In addition to this being the easiest way that you can use Bitcoin, it is also the most flexible that you can find.

The only challenge that you will find with this option is that you will need to pay some fees, just as if you were using another debit card option. Furthermore, you will need to ensure that your Bitcoin is converted from a cryptocurrency into a flat currency in order for a payment to be completed. Depending on what the rate is, this may mean that you make a minor loss.


Don’t Use Your Bitcoin

It may seem strange that you are looking for a way to use your Bitcoin, and the most brilliant way that you can use it is, not to use it at all. In fact, the best thing that you can do is hold on to your Bitcoin. There is a finite amount of Bitcoin that will be made, a total of 21 million bitcoins in total. This means that there is an element of scarcity to Bitcoin, with the results that it is increasing in value over time. When Bitcoin first started out, it only worked a few cents for each Bitcoin, but by now, they are worth more than USD $4200. Last year, at around the same time, one bitcoin was worth approximately $700. This gives you an idea of the accelerated rate that it is increasing in value. By making sure that you are holding on to your Bitcoin, you may say that you are investing in Bitcoin for your own benefit. When you feel that the value has risen enough to satisfy you, the next step would be for you to sell your Bitcoin and to walk away with a healthy profit.

Trade Bitcoin Online with a trusted broker


For the most part, Bitcoin can be used in the same way that you would any other currency. In addition to the ways that have been mentioned here, you can use your bitcoin to purchase items from a number of merchants and online stores. You could also choose to change your Bitcoin into gift cards from a number of vendors online. In the event that you are feeling philanthropic, you can also donate your bitcoin to charitable organizations online, such as Wikipedia.