Painless ways to potentially save money

Hang on. This isn’t going to be a post about how fun it is to “shop” in your friends’ closet, scour the internet for coupons, or cook at home (all good ways to save money, by the way).

Sometimes there are less painful ways save money. If you’re in college, it’s possible that your finances are already lean and mean. But, maybe they’re not. In my family, we recently reviewed our bills and made a few quick changes that can save us over $50 a month. And honestly, the time investment was less than a half hour.

Take a few minutes and try it for yourself.

Review your cell phone bill. I was bummed that we went over our allotted minutes this past month–$18 extra dollars for a few minutes of chatting. A quick check of our cell phone provider’s website revealed a new deal that we didn’t know about.  One phone call later, our cell phone bill got knocked down by about $30 a month. Awesome.

Check out your TV/internet bill. First, make sure it’s correct and that you’re not being charged for services you’re not using. Then consider whether you can change up your package to something less expensive. Are you bundling your services in a smart way? If you’re not sure, call your service provider. They can review your account to make sure you’re getting the best deal.

Services/subscriptions. Is there anything you’re not using that could be cut? Once we trimmed back the cell phone bill, we started looking at other things. We quickly decided we could drop two different services, saving us another $30 a month. Think about things like movie subscriptions, gym memberships and the like. If you’re using them, great, but if not—why are you paying?

Not only is this a great exercise for college students, it’s a smart thing for parents to do as well. A few small changes can often make a big difference.

Caroline Hanson

About Caroline Hanson

Caroline is a communications consultant for Wells Fargo Education Financial Services. Although she has been known to forget her own ZIP code, she has memorized the lyrics to every bad 1970s pop song ever written. Unfortunately, she also loves karaoke. Caroline spends her spare time at TargetĀ®. She also likes biking slowly and has participated in RAGBRAI. Caroline is a graduate of Iowa State University and has worked in journalism and public relations for the past 14 years. She lives in Iowa with her husband and has a 19-year-old stepdaughter and 2-year-old son.
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