Whether its $1 off a box of your favorite cereal or a buy-one-get-one special, couponing represents a huge opportunity to reduce your monthly food expenses.
Unfortunately, however, it's not always easy to clip coupons, and even if you do manage to save every dime possible in your grocery shopping, it's important to review your other expenses as well for cost-savings strategies. Here are six areas to get started:
Once you start to see a little extra in your checking account each month, it's important not to waste this opportunity. Instead of spending your savings on the latest iPhone, consider putting this surplus to where it can benefit you the most.
Behind on retirement savings? Beef up your 401K contributions. Need an emergency fund? Start a savings account dedicated to that purpose. Managing your overall financial picture is important, but directing these savings to where they can do the most good is really the icing on the cake.
What other ways can you think of to reduce monthly bills?
David Bakke always looks for ways to save money on everyday expenses and build long-term wealth. He shares his insights on the popular blog, Money Crashers.