Slash Your Bills: 17 Expenses Americans Want To Save On And Tips On How To Do It

In today’s economic climate, Americans are continually looking for ways to stretch their dollars and maximize their financial resources. From the essential to the discretionary, there are certain categories where consumers are especially keen to cut costs and find the best value for their money. Here are 17 expenses Americans want to save money on all the time, and suggestions on how they can shave off costs in these areas.


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As a fundamental part of daily living, groceries represent a significant portion of the average American’s budget. With food prices subject to fluctuations due to economic changes and seasonal availability, consumers are always looking for ways to save on their grocery bills.

You can reduce your grocery bill by meal planning, buying in bulk, choosing store brands, and shopping for seasonal produce. Additionally, try to minimize food waste by properly storing leftovers and using all parts of the food to help stretch the grocery budget.

Jason Higgs, the Senior Deals Strategist at Bountii also shares, “Instead of buying a wide variety of ingredients every week, challenge yourself to create meals using only a set list of staple items. Rotating these staples weekly will not only save money but also reduce your food waste.”

Higgs also offers this advice: “Take on the challenge of maximizing your savings by combining manufacturer coupons with store promotions and loyalty rewards. Get creative with coupon stacking strategies to score significant discounts on groceries while still enjoying your favorite brands.”

Home Furnishings and Decor:

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Home decor can enhance the aesthetics of living spaces, but the cost quickly adds up. Save money by choosing multi-functional furniture, shopping at discount or second-hand stores, repurposing or upcycling items, and doing DIY projects.

Personal Care Items:

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Cosmetics, haircuts, manicures and pedicures are regular ‘personal care’ items that add up over time. To save, consider purchasing drugstore brands instead, and opt for beauty schools (if available) for services like haircuts and manicures.

Utility Bills:

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Utility bills, including electricity, water, and gas, are recurring expenses that can take up a considerable share of household income. To reduce these costs, you can turn to energy-efficient appliances, LED lighting, low-flow fixtures, and programmable thermostats. Simple behavioral changes, such as turning off lights when not in use, and fixing leaks promptly can also lead to noticeable savings.

Higgs also suggests pooling resources with neighbors, “pool resources with neighbors to invest in community solar panels installed on a shared space, such as a community center or rooftop. Members can then benefit from reduced energy costs while also contributing to renewable energy generation.”

He also suggests turning energy saving into a game. “Turn saving energy into a game by challenging household members to reduce their energy consumption through friendly competition. Set energy-saving goals and reward achievements with prizes or incentives, making it fun to your lower electricity bills.”

Housing Costs

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Housing is typically the largest monthly expense for Americans, whether in the form of rent or mortgage payments. People are always seeking ways to reduce these costs, such as refinancing mortgages to take advantage of lower interest rates, negotiating rent, downsizing, or choosing less expensive neighborhoods. For homeowners, additional expenses like property taxes and maintenance can add to the financial burden, making savings in this area particularly valuable.


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Transportation costs, including fuel, car maintenance, and public transit, are a significant expense for many. Gas prices continue to fluctuate, and vehicle upkeep needs to be ongoing. In order to save, consider carpooling, using public transportation, and keeping your vehicles well-maintained to prevent costly repairs as well as driving more fuel-efficient cars.

Higgs shares this sentiment. He suggests, “coordinate with coworkers or neighbors to create a carpool schedule.” He also suggests, “create a club or social group dedicated to exploring public transit options in your area. Organize group outings to discover new bus routes, bike paths, or walking trails, promoting alternative modes of transportation that save money on gas while reducing carbon emissions.”

Dining Out and Takeout Food:

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Dining out and ordering takeout is much more convenient than cooking, but often come at a premium compared to cooking at home. To save money on dining out and takeout food, opt for home-cooked meals, which is often more cost-effective and healthier. Meal prepping, using leftovers creatively, and cooking in batches are popular strategies for reducing the frequency of restaurant visits.

Still want to eat out? Try taking advantage of restaurant deals, happy hours, and loyalty programs instead.

Clothing and Apparel:

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Clothing expenses can vary greatly depending on personal style, work requirements, and lifestyle. To save on clothing expenses, try shopping at discount retailers, thrift stores, and online marketplaces. Look for sales, use cashback apps, and participate in clothing swaps. Take care of your existing clothes to extend their lifespan, reducing the need to buy new clothes


Family watching movie
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Entertainment, including movies, streaming services, and concerts, is an area where many Americans look to cut costs without sacrificing enjoyment. To save on entertainment expenses, cancel underused subscription services, take advantage of free events in your community, or use library resources for movies and music. Instead of watching movies at the theatres, wait for them to become available on streaming platforms instead.

Higgs also shares this tip: “with the rising prices of entertainment services, the idea of swapping subscriptions with friends or neighbors couldn’t come at a more perfect time. For example, you could share streaming services or magazine subscriptions. This way, everyone can enjoy variety without paying for multiple subscriptions individually.”

Travel and Vacations:

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Travel and vacations are often considered luxury expenses, but many also believe they are important for relaxation and creating memories. Many look for ways to cut costs in this area while still enjoying getaways.

To save money on travel and vacations, book flights in advance, travel during off-peak seasons and stay in budget accomodations. You can also take advantage of travel reward programs and credit card points.


Smiling multiethnic couple using laptop together while woman drinking tea
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In an increasingly digital world, smartphones, laptops, and gadgets are essential for staying connected. However, these devices aren’t cheap. To save money, wait for sales or special deals, buy refurbished or slightly older models, trade-in old devices, or use devices for longer before upgrading.

Fitness and Gym Memberships:

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Staying fit is important for overall health, but gym memberships and fitness classes can be expensive. Save money by using free or low-cost workout apps, participating in community fitness classes, or creating home gyms with minimal equipment. Online fitness platforms are now available with the advent of technology, which you can use instead of subscribing to costly gym memberships.

Pet Care:

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Pet care, including food and veterinary visits, is a necessary but sometimes costly part of owning a pet. Pet owners can save money by purchasing pet food in bulk, keeping up with regular veterinary check-ups to avoid more expensive treatments later, and considering pet insurance to help with unexpected medical costs.

Gifts for Holidays and Special Occasions:

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Many people love giving and receiving gifts, especially during birthdays and major holidays, but the costs can quickly add up. To save on gifts, plan ahead by shopping sales throughout the year, making homemade gifts, or organizing gift exchanges to limit the number of presents needed. You could also try setting a budget for each occasion to keep spending in check.

Student Loans and Educational Expenses:

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With the cost of higher education on the rise, student loans and related educational expenses are a significant concern for many Americans. Students and graduates often look for ways to reduce these costs by applying for scholarships, grants, work-study programs, or attending community college before transferring to a four-year university. Additionally, those with existing student loans might consider refinancing to lower interest rates or consolidating loans for easier management.

Retirement Savings:

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Saving for retirement is crucial for financial security in later years, but it can be challenging to set aside funds. Americans are encouraged to save by taking advantage of employer-sponsored retirement plans like 401(k)s, especially if there is a company match, or by contributing to individual retirement accounts (IRAs). Starting to save early and taking advantage of compound interest can also help grow retirement savings over time.

Debt Repayment:

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Debt repayment, including credit cards and loans, is a top priority for many Americans aiming to achieve financial stability. To pay off debt faster, consider paying off high-interest debt first, creating a budget to manage payments, and debt consolidation to reduce and eventually eliminate debt.

18 Ways Going Green Can Save You Money In The Long Run

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As the world becomes increasingly populated and polluted, the importance of investing in eco-friendly solutions cannot be understated. Many people invest in green tech or develop eco-friendly habits purely for the planet’s good but later find they have saved money in the long run. So, what green initiatives could you participate in that will simultaneously save money and the planet? Here are 18 ways you can choose to go green and save money along the way.

18 Ways Going Green Can Save You Money In The Long Run

From Concerts To Oysters: Stop Paying For These 18 Things And Save Money Instead

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It’s no secret that the cost of living has increased dramatically recently, with prices for everyday items creeping upwards due to various economic pressures. As a result, many individuals are reevaluating their spending habits and making tough decisions about what they can afford to keep in their budgets. From groceries to entertainment, the rising expenses have forced shoppers to prioritize essentials and cut back on goods and services that have become prohibitively expensive.

Are you feeling the pinch as well? Here are a number of things you can cut back on to save money.

From Concerts To Oysters: Stop Paying For These 18 Things And Save Money Instead

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