ABC News recommended tracking your spending for the upcoming year in Dec. 2013. If you're out of work, financial planning can be the key to your success because job searching can get expensive if you need to invest in an interview suit, business cards, or a premium LinkedIn account. These techniques are common sense practices. If you are struggling to make payments or have extreme debt work with your bank or credit card company to regain financial security. This is especially important if a company runs a financial background check prior to hiring you.
Dining out is a quick resource for mealtimes; however, the cost of food and tipping can be costly overtime. Reserve your dining out experience for special occasions or rewards. Use BOGOF coupons to minimize your total bill.
Grocery bills can be pricey, so never go to the store hungry. You are more likely to buy extra items so you can snack in the car on the drive home.
Grow your own herbs and produce to cut down on costs. Look for meat sales or use cheaper protein supplements (beans and nuts). Buy nonperishables, canned items, toilet paper, paper towels in bulk. Sign up for a grocery club card for instant savings so you don't have to print or cut coupons. Planning out your grocery list for the week prevents you from buying extra items at the store.
Internet is a necessary cost if you're applying to jobs online or get your entertainment through internet TV. However, some providers offer the option to bundle. Always go for the cheapest but fastest option.
Unless your cable is bundled with your internet and phone, it's not a necessary cost. Be patient and wait for cable television shows to come out on DVD and rent them via Blockbuster or Netflicks. Another option is to watch television on Hulu or the network's website.
Turning of electronics means you save money and save the environment. As you leave the rooms in your house or apartment, flick the light switch or press the power button. During the winter, turn the heat down during the day; throw on extra layers, and use the sun's natural light to heat your residence.
Job searching equals coffee. Large, copious amounts of coffee. When you buy coffee from Starbucks, McDonalds, or Dunkin Donuts, you pay not only for the coffee but the cup and the human service. Cut out the middle man; save the planet, and make your coffee at home. If you invest in a French coffee press, this gadget even cuts out the cost of coffee filters.
Invest in a Brita water bottle or pitcher to eliminate the purchase of water bottles (which cuts down on pollution). Take short showers and rise dishes in warm rather than hot water to cut down on the cost of water heating.