All Things Home,  General Lifestyle Tips,  Managing Your Money

Top Tips to Keep Your Cost of Living Down

If you’re struggling to make ends meet, it’s important to find ways to reduce your cost of living. Fortunately, there are a number of simple things you can do to cut down on your expenses. From getting a roommate to using public transportation, here are some top tips for saving money.


Move to a new neighbourhood

The area you live in may be expensive, so moving to a cheaper neighbourhood may be an option. This can be a big decision, but it can be the best way to reduce your cost of living. Keep in mind that you may need to find a new job or find a new school if you’re moving a long way away, but if you’re willing to make the adjustment, it can be a great way to save money. Take a look at a site like to get a better understanding of the cost of living in the neighbourhood you’re considering.


Shop around for utilities

Utilities can be a big expense, but there are ways to save money on them. One way is to shop around for the best deals on electricity, gas, and water. You may be able to get a better rate by switching providers or negotiating with your current company. Alternatively, you can save on utilities by using less of them. You can do this by unplugging electronics when you’re not using them, turning off the lights when you leave a room, and wearing layers of clothing instead of turning up the heat. By making a few simple changes, you can easily save money on your utility bills.


Get a roommate

One of the best ways to reduce your cost of living is to get a roommate. Sharing an apartment or house will split the cost of rent and utilities, and can also help you save on groceries. If you’re not used to living with someone else, it may take some getting used to. But it’s a great way to save money in the long run.


Cut back on nights out

Another way to cut down on your expenses is to limit your nights out. Eating out and drinking at bars can add up quickly. Try cooking at home more often and sticking to happy hour specials when you do go out. You could also go round to a friend’s house for a drink instead of going to the pub – you’ll drink less, so you’ll save money, but you’ll also be healthier, so you won’t be constantly dishing out on expensive painkillers to cure that hangover head. You’ll be surprised how much money you can save by making this simple change.



If your home is in need of a facelift or some repair work, don’t be scared to try a little DIY. The cost of materials is expensive nowadays, but the cost of labour is even more so. By taking out the cost of labour, you save yourself a heap of money, which can be saved or used on heating and eating. Common home improvement projects you can do yourself include replacing a dripping tap (which will save you money on water bills too), fitting loft insulation (which will also reduce the cost of heating bills) and painting.


Use public transport

If you live in a city with good public transportation, take advantage of it! It’s usually cheaper than owning a car and you won’t have to worry about parking, congestion charge, insurance or fluctuating fuel prices. Public transport can also help you save time by avoiding traffic, so you’re less likely to get in trouble at work and you’re more likely to keep your job (buses and trains may still run late, but it won’t be your fault, which gives you a strong argument if your boss is looking for a reason to lay you off). If you have the option, using public transportation is a great way to reduce your cost of living.



By following these tips, you can keep your cost of living down and stretch your budget further. Just remember that every little helps!

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