Decrease Your Expenses

Below are some ideas you might like to consider to decrease your expenses:

• Look at your Fixed Expenses (non discretionary) and Optional Expenses (discretionary).    
  
• Start with your Optional Expenses (discretionary) and see which ones of these you can cut down – these are discretionary expenses and are the nice to haves. It is generally easier to cut these costs down than trying to cut down your fixed expenses (non discretionary)
  
• Go through your Fixed Expenses (non discretionary) as there are likely to be items in here that you can trim down. Alternatively, you might make the decision to forego something now to allow you to achieve some thing else in the future

Want to save over $11,000?

Meet Sienna and Byron and see how they are going to cut down their Optional Expenses by $11,100 over the next 12 months to enable them to save for their wedding next year.

Want to cut down your bills?

Meet Cathy and Rod and see how they are going to cut down their Fixed Expenses over the next 12 months to enable them to save for a fly drive holiday to New Zealand. See the sacrifices they are prepared to make to get there.

In our website we have provided you with a number of resources to help you look at ways to decrease your expenses.

• Visit our Saving MoneyTips section where you can view over 1000 Saving Money Tips which will help you trim down your expenses and find some surplus money.
  
• Our Money Clues are also designed to help you stay committed to trimming down your expenses. Each week we take a Saving Money Tip and expand this out for you so that you can really see how this Tip can work for you. We provide you with numerous Clues to turn these Tips into reality.
  
• There are several Planners which will help you plan ahead for upcoming expenses and Trackers which will help you to see if you are keeping on track with your overall plans.