Ok, so the past few weeks we have been talking about cutting our personal expenses. We first split them into two categories, fixed and variable expenses. We have had two examples of large bills (car payments and mortgages) and some practical ways of lowering them each month. Our last fixed expense example is TV.
Did you know that you can live without cable TV? I know, I know. I didn’t think so either but it was one of the bills we choose to cut so that I could stay home. We haven’t had it for months now and we are actually love not having it. We still have TV but we use other ways to watch shows.
We also use our DVD player almost daily. We bought a bunch of Nick Jr. DVD’s at our local used bookstore for a third of the price. Netflix is a great way to score cheap entertain and cut your TV expense. Plans start at $7.99 a month and you can watch movies on your TV, computer or iPad device. They also have tons of great kids titles. Also, check out redbox and rent DVD’s for $1 a night. And if there is something that we have to watch (Rangers in the World Series!) we head over to my parents, a friends house or a restaurant that has the game on.
To recap, the key to lowering fixed expenses is to find alternatives and shop around for the best deal. Just because they are considered fixed doesn’t mean they can’t be changed.
Ok ya’ll.. its Financial Friday Linky Party!