Ways to Cut Costs When You're on a Tight Budget

August 21, 2019

man working on budgetRenting an apartment in Fort Collins is an excellent way to save money – all the while enjoying a comfortable lifestyle in one of the country's most highly sought after regions. While renting a unit is a great first step in prioritizing savings, it may not be quite enough to keep you in the black consistently. Fortunately, there are countless ways to cut back on costs when you're on a tight budget. Some effective ways to reduce your spending habits include:

 

Consider Utilities

 

Today, the cost of monthly utilities goes beyond electric, gas, and water to also include Internet, cable, and cell phone. Fortunately, there are several ways to potentially save some money during each billing cycle. First, contact some of your suppliers to see if there's any room for negotiation. Many people are surprised to learn that with some of their providers, it is possible to ask for a lower rate before you take your business (and monthly check) to the competition.

 

 

Additionally, you can also make a habit of unplugging your electronics whenever they are not in use. Putting your computer and charged devices in the "off" position can ensure that these items aren't costing you in wasted electricity. Finally, if you have cable, go through some of your monthly memberships to determine if these viewing options are truly worth the impact they make on your wallet.

Examine Your Grocery List

 

Yes, groceries are a necessity. However, when left unmonitored, food can prove an exorbitant unfixed cost. Luckily, there are some relatively easy ways to keep sticker shock down at the supermarket. Buying in bulk can be an effective strategy when stocking up on necessities. A membership at a warehouse club can offer you access to some of the staples you eat year-round, quickly helping to pay for itself in just a short period of time.

 

Meal planning can also make a difference when on a tight budget. Sure, meal planning can feel a bit tedious. However, taking the time to plan out your menu every week can help cut back on your trips to the supermarket to just once a week, instantly lowering expenses compared to shopping several times throughout the week. Make a list before you go to the grocery store to avoid impulse buys and keep your final bill as low as possible. Finally, downloading a coupon or price-matching app is an easy way to make sure you're getting the best price possible on your purchases.

 

Bonus Tip: Consciously strategizing your meals every week can also help you lower the number of times you go out to eat, further driving cost savings on how much you'll dish out on food throughout the month.

 

Go Through Your Closets

 

Clothing can quickly make a significant dent in any budget. Refining some of your clothes shopping habits can ensure you stay on trend and still have enough money left over for other expenditures. Online cash-back programs, coupon apps, and seasonal sales can all offer a practical alternative to paying full price. Additionally, you can also consider organizing a swap party with friends where you share and borrow garments for free, and get to hang out while doing so.

 

Reevaluate Activities and Entertainment

 

Life in the Fort Collins region provides access to a diverse range of arts, activities, and entertainment. However, nothing says you should have to pay full price for any of them. Check with your regional recreational center to find out about low-cost events, functions, and lessons, both for you or for your family. You can also check out some of the many popular group-discount apps and websites, which purchase tickets and spots for an upcoming event in bulk and then pass along the savings to the user (that's you).

 

Finally, check out the local library or city website for some insight on any free community activities and events that may be offered. Free movie nights, museum exhibits, outdoor concerts, and parades are just some of the many ways to enjoy our beautiful district, soak in a little local culture, and not have to spend any money.

 

All Property Services offers well-appointed rental homes and apartments in Fort Collins at a range of price points. Contact us today to learn more.

Thinking About Moving?

Our team is here to help you find your next home. Feel free to call and schedule a showing or start your search right here.

APS search
View Properties