Wednesday, January 19, 2011

Saving in 2011

So one of my goals for the year is to trim the budget a little bit so that we have a little more breathing room and can start making progress on some of our savings. I thought I'd briefly break down some areas where we can save money and which I will be attacking in the months to come.

  1. Utility bills. One area that I would like to trim the budget a little is my utility bills. My water bill in particular has been running pretty high, but I could also cut back on my gas and electricity. This is an area I would love to trim because it's both frugal and green.
  2. Other household bills I'm not sure how much leeway I have on the cable, internet, phone, etc. because we just switched to a new promotional bundle a few months ago, but these are things that are always worth keeping on top of. Also, I should check our cell phone bill for any extras we could cancel.
  3. Groceries At one point, I was quite the coupon queen (or at least the coupon princess), but with less time and all my life changes I have let this slack. While I don't think I'll be on Extreme Couponers any time soon, I would like to cut this to a level that is in balance for my family.
  4. Restaurants This has been our Achilles Heel for a while. I would like to cut back, but I'm not sure how well that would go over, so I'll try to explore some other ways to save.

Does anyone have any other suggestions for budget areas to examine, or anything you'd like to hear my talk more about?