Kim Tracy Prince wrote an excellent article on the Mint.com blog about how to reduce your bills. Prince explains how to get a handle on your spending and how to trim it where it counts. She uses her own experience to demonstrate how she audited her spending and reduced it substantially without too much pain. This is worth checking out-
It’s time for an audit.
No need to panic. I don’t mean an IRS audit — believe me, those are a big pain. I know. I’ve been there.
In this case I’d like a mock independent audit of our fixed monthly costs.
As the family budget captain since the day I got married, I have long been aware of just how much money we spend on utilities, internet, cable, insurance, etc. But while we were overhauling our expenses and adjusting to the written monthly budget, I stuck my head in the sand about those amounts.
Read the rest here. And come back here and let us know what you think. When she publishes the findings of her experiment I will include it here on the blog.Wishing you well,
Daniel R. Murphy
Educating people for building wealth, adapting to a changing future and personal development.