8 more ways to lower your monthly expenses 

These next few ideas can free up some money in your budget.

  1. Wait a week – Sometimes when out or online, we see something that we absolutely must have now. Instead of buying it right away, wait a week and see if you still want it. (Hint: Oftentimes you’ll have forgotten about it by then.) This can help you avoid impulse buys. We all buy stuff that we regret. This can help prevent some of it.
  1. Carpool or public transportation – Fuel prices can go up and go down depending on supply and demand in the world or if there is a war or not. If you have a neighbor who commutes to the same place, consider carpooling to save on gas. Another option is public transportation. Finn’s Dad used to drive to his nearest train station and take the train into Tel Aviv every day. This saved him time otherwise stuck in traffic, money otherwise spent on gas and parking and was better for the environment. Win win win.
  1. Check your credit card and bank statements at least once a month  A couple months ago, we noticed several suspicious charges on our credit card. We googled the name and found that it was something that we never bought. We canceled the card on the spot and reported the charges when our credit card’s customer service hotline opened the next morning. It turned out that one of the charges was a hora’at keva (standing order) and we would have been charged every month if we didn’t notice it. Thieves often start by making small charges on your credit card to see if you notice them. If they go unnoticed, they will make larger charges or start a standing order. Missing a charge that you don’t recognize can cost you a lot of money.
  1. Clean out your closets – If there is something that you haven’t worn or used in two years, consider if you want to revive it or let it go. Find or host a local clothing swap where you can refresh your wardrobe for free. Join local buy nothing/free swap groups where you can give away your things and get things you need for free. You may even find something of value like baseball cards or beanie babies, which could bring in some extra cash.
  1. AC/Heater –  According to the electric company, keeping your heat between 18-20 in the winter is more efficient than having it higher. Wearing a long sleeve shirt at home or even putting on a sweater before putting on the heat is a way to save on your electric bill.
  1. Water – When showering, turn off the water when you are soaping up. It also saves water as we do have a limited amount of water in Israel.
  1. Coupons – Shufersal, superpharm and other chains offer coupons on their app and website. Make sure to check them out when planning your shop, make sure to activate the coupons, and make sure the product you are buying is actually the one on the coupon.

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5 responses to “8 more ways to lower your monthly expenses ”

  1. blissfully in the shadows Avatar

    I purchased a small heater for my feet only as I work from home so that allows me to turn the heat way down. I wear a shrug sweater jacket over my shirt and socks. Go around and check for drafts, cover those. Lastly speak with your company and see if they offer equal pay for your utility bills. Then you know exactly what it will be and likely it will be lower than it previously was..which would be the only reason to do it.


    1. fionistdream Avatar

      Amazing tips! Thanks for sharing.

      Liked by 1 person

      1. blissfully in the shadows Avatar
  2. Chem Avatar

    Thanks for the great list! I enjoy your writing and thoughtful tips.

    Liked by 1 person

  3. Rachel Avatar

    Plan ahead when you are cooking. This saves you money and time.
    Sometimes you can cook twice as much at one time, saving half of it for a different day’s meal. This saves the cost of the second day’s cooking and saves your time preparing.

    Examples of foods which are fine to cook ahead: carrots, potatoes, and some other vegetables. Reheating the cooked vegetables takes only a few minutes.
    Make several batches of dried beans such as chickpeas which take ages to cook. Soak them for at least an hour in boiling water before cooking, make at least 3 meals’ worth, and freeze what you are not using for that first day.

    Thanks for your useful tips!

    Liked by 1 person

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