Top 5 monthly recurring expenses to save money on

A large portion of the average persons budget is eaten up by recurring expenses each month. Things like: rent/mortgage payments, property taxes, memberships, condo fees insurance, internet, utilities, and phone bills. Reducing the cost of any one of these has a significant benefit to your budget. You save that money over and over again, every single month. You can do this by staying up-to-date on promotions, shopping around and, negotiating the prices. Doing this allows you to save a lot of money without even changing your lifestyle. You can apply this to most expenses, monthly or not, but the recurring nature of monthly expenses make it much more worth while. The Top 5 recurring payments you can save money on are:

  1. Rent/Mortgage
  2. Insurance
  3. Internet
  4. T.V plans
  5. Cell phone plans
**Honorable mention to satellite radio and miscellaneous memberships

After reading this article, did you take the initiative to try and low your recurring monthly expenses? Tell us how you did! We’d love to know what you tried and if/how much you ended up saving!