We reviewed our monthly expense and decided to cut back on some things.
First, we cancelled landline. $33 per month savings.
Then, we raised our deductible of home insurance. Approx. $400 savings per year.
The latest one is cable TV. We were paying $95 and I hardly watch TV. My husband watches it but he was complaining about the quality of channels, too many re-runs, commercials, etc.
So, he called the cable company and told them we will cancel it. Guess what? They kept offering him lower rate and the lowest they offered was $22 per month for next 6 months and they will even give us $50 rebate!
He didn't take the offer and went ahead and cancelled it. But, we were amazed how low they were willing to go in order to keep their account. At the same time, I was kind of upset that how much they were charging us for so long for so much!!
Anyhow, it is $95 per month savings.
Total savings so far
Landline $396
Home insurance $400
Cable $1140 (Wow!)
Total annual savings $1,936
Cable TV cancelled
January 6th, 2012 at 03:50 pm
January 6th, 2012 at 04:00 pm 1325865629
January 6th, 2012 at 04:04 pm 1325865857
We recently raised our homeowners insurance deductible as well, to $2,000. We've never filed a claim, and hope not to, as filing a claim would indicate we'd had a major catastrophe! The resulting savings helped offset our increasingly expensive earthquake policy, a must here in earthquake=prone California, at least for us. :-)
January 7th, 2012 at 12:37 am 1325896674
January 7th, 2012 at 02:16 am 1325902565