In today's world, it's more important than ever to prepare for your financial future.
And one of the easiest ways to add to your nest-egg is to simply cut expenses and save more of your hard earned money.
We often forget some of the golden rules to saving that our parents taught us. Here's a quick list of things you can do to save on bills in 2022. No matter your circ*mstance, there's something here that everyone can use like cutting down your mortgage bill, save on utilities, get more for your money at the grocery store, and even get samples of popular products.
1. For Pete's Sake, Quit Smoking
This might make some people upset to hear, but it's time to quit smoking. Not only is it hazardous to your health, but it's costing you and your family a fortune. Smoking one pack per day costs over $2,000 per year!
There are plenty of techniques to quit smoking, but it all comes down to your dedication to cut the habit. Come up with a plan and have family and friends keep you accountable!
2. Install CFLs or LED Lights Where You Can
New lighting technology has really come a long ways. Now although they do cost more than traditional incandescent bulbs, CFL and LED bulbs can last for years without having to replace them. You don’t even need to replace every bulb in the house at once. Even swapping just your four or five most-used light bulbs can save you $45 or more a year!
CFL vs. LED
CFLs, which use a quarter of the energy of incandescent bulbs and last for years, are the next cheapest option after traditional bulbs. But they also have some drawbacks: They take a while to warm up to full brightness, and they also contain a small amount of mercury.
Meanwhile, LEDs are more expensive. However, they’re getting cheaper all the time, and they are easily the best lighting option available: They light up instantly, are efficient as CFLs, produce a warm glow without getting hot to the touch, and can last for decades.
3. Born Before 1959? New Medicare Policy Giving Those On Medicare Over $5,900/yr In Additional Benefits This October Thanks To The "AnEP Initiative
Tens of millions of Americans on Medicare may be missing out on desperately needed benefits to help them cover bills.
Medicare is rapidly expanding its benefits, but it is so complicated, few people know new benefits are available to them. And the fact is, there are over $5,900 in benefits that you could be getting every year such as a $900 "Healthy Grocery Allowance", $2,000 Dental Allowance to cover crowns, implants and more, a $3,000 OTC Spending Card, and more! But how do you claim these new benefits?
UPDATE: Many Medicare recipients are missing out on unclaimed benefits due to them simply not knowing they exist! It's easy to claim all of the benefits that you're entitled to thanks to this FREE online tool. Click here to check for any unclaimed benefits >>
Thankfully, there is a new online service that is helping people on Medicare maximize their unclaimed benefits during the 2022 Annual Enrollment Period (AnEP). It's completely free to check, and takes just a few minutes, so it’s definitely worth your time. Simply select your age below to find out what's available in your area.
How Do I See If I'm Eligible? Here's How:
Step 1: Tap your age below.
Step 2: Enter your zip code to see which new benefits you're eligible for in 2022-2023! Click here to see if you're eligible.
Select Your Age:
Yes! I Want To Claim My Benefits Now >>
4. Make A Grocery List
You ever go to the grocery store when you're hungry and find yourself checking out with way more than you intended? We call this "Hunger Shopping" and it's quite dangerous to your wallet!
Before going to get groceries, make a list of groceries that you need for the upcoming week. That way, you only buy what you're intending to use and the amount that will get thrown away from being expired is kept to a minimal.
5. Buy in Bulk
One of the easiest things you can do to instantly start saving money is to buy in bulk! Retailers often give a MUCH better deal on products such as paper towel, toilet paper, detergent, etc if you buy in bulk.
This might seem like an obvious one, but we often forget how much money we waste by not buying in bulk.
6. Eat Out With These Top Restaurant Deals
Eating out often can be expensive. But going out to eat for a date night every now and then is totally fine and can be done on the cheap if you choose your restaurants wisely!
Consider these special deals when picking where to go:
Chili's Three for Me $10 Meals
Choose an appetizer, entree AND desert for just $10
Outback Steakhouse's Waslkabout Wednesdays for $9.99
Choose steak or chicken with fries AND a drink for just $9.99
Applebee's 2 for $20
Choose between two salads (or one appetizer) as well as two main meals with sides for just $20
Olive Garden's Unlimited Soup, Salad, and Breadsticks
Choose between ANY entree at Olive Garden and get unlimited soup or salad and breadsticks. Or you could just do the $6.99 option of unlimited Soup/Salad and Breadsticks.
7. Take Full Advantage Of These Tax Deductions
Owning a home can be very lucrative. Seriously, owning a home can not only give you a cheaper monthly payment than renting but in many cases, the tax benefits make the decision a no-brainer.
Here are a few of the larger deductions that you need to be sure to take:
Interest you pay on your mortgage: If you own a home and don’t have a mortgage greater than $750,000, you can deduct the interest you pay on the loan. This is one of the biggest benefits to owning a home versus renting–as you could get massive deductions at tax time. The limit used to be $1 million, but the Tax Cuts and Jobs Act of 2017 (TCJA) reduced the limit and made some clarifications on deducting interest from a home equity line of credit.
Property taxes: Another awesome benefit to owning a home is the ability to deduct your property taxes. Before TCJA, the rules were a little more flexible and you were able to deduct the entirety of your property taxes. Now things have a changed a bit. Under the new law, you can deduct up to $10,000. The deduction for state and local income taxes was combined with the deduction for state and local property taxes, too.
Tax incentives for energy-efficient upgrades: While most of the tax incentives for making energy-efficient upgrades to your home have gone away, there are still a couple worth noting. You can still claim tax deductions on solar energy–both for electric and water heating equipment, through 2021. The longer you wait, though, the less money you’ll get back. Here’s the percentage of equipment you can deduct, based on time of installation:
Between January 1, 2017, and December 31, 2019 – 30% of the expenditures are eligible for the credit
Between January 1, 2020, and December 31, 2020 – 26%
Between January 1, 2021, and December 31, 2021 – 22%
8. Use Government Rebates To Get Solar Panels And Slash Your Energy Bills
Warning: Do not pay your next energy bill until you read this...
This is the 1 simple truth your power company doesn't want you to know. There is a new policy in 2022 that qualifies homeowners who live in specific zip codes to be eligible for $1,000's of Government funding to install solar panels. Has your power company told you that? Of course not. They hope homeowners don't learn about this brilliant way to reduce your energy bill tremendously!
When homeowners check whether they qualify many are shocked that subsidies and rebates can cover a lot of the costs associated with installation so it greatly reduces the amount you'll have to pay. Many may qualify for $0 down! Soon, you could be on your way to significantly reducing your electric bill in a matter of weeks.
Smart homeowners are setting out to do their own research and determine whether this new program lives up to its reputations. Over and over again, many are reporting back on their findings, with the most exciting part being that they are now able to save $1,000s a year on their own energy bill.
Estimate Your New Power Bill >>
9. Want a Patio? Consider Concrete Over Pavers
Building a patio can add great value to your home, as well as creating enjoyable outdoor living space for you and your family. But patios can come at a great cost.
When we decided to add a patio to our home, we looked at the different surface options carefully. Although many landscapers would recommend pavers over concrete because of their durability over time, we decided that the cost savings was more important to us. We personally love the clean look of concrete as well.
Now one thing to remember with concrete is that it WILL crack eventually. But if you have a good concrete crew, it should be prepped right where the cracks are minimal. So we expect to see cracks, but are hopeful that it will be minimal.
10. Use This Debt Payoff Plan
Here’s what credit card companies don’t want you to know...and what thousands of consumers are quickly learning about paying off their debt:
If you owe more than $15,000 in credit card debt, this proven debt relief program may reduce the amount you owe. Consumers could resolve their debts with absolutely no loan required and pay it off at a rapid pace. If you’ve struggled to pay your credit card debt, act now before your debt balloons further.
Learn The Secret To Resolving Debt >>
11. No Life Insurance? You'll Want To Use This Brilliant Life Insurance Trick
If you don't have life insurance, you better read this.
It's not something any of us like to think about or plan for. But when the worst happens, it's essential to know your family and loved ones are covered financially. That's why it's essential to have life insurance. A good life insurance policy can help cover the cost of a mortgage, childcare costs and safeguard your family from inheriting any debts you might have.
But the sad truth is, a shocking number of Americans do not have a life insurance policy and their family is at financial risk if the worst should happen.
There is a service that is now allowing users to get free life insurance quotes from some of the top insurance companies out there. People are shocked at how cheap an excellent policy is after requesting their free quotes. But the reality is, life insurance rates are at a 20-year low and thanks to new program policies you could qualify for a great new policy at an extremely affordable price.
To get your free quote today, click below and complete a few questions (about 60 seconds). Once you're done, you will be presented with choices and rates you never thought possible (no login required). Enjoy your savings!
Get Your Free Quote Now >>
12. Get A Home Warranty and Never Pay For Covered Home Repairs Again!
Still unknown to many is a brilliant Home Warranty Program called the Choice Home Warranty that could benefit millions of households and help them never pay for covered appliance failures, furnace breakdowns, electrical issues and so much more! You likely have homeowners insurance, right? A Home Warranty Plan is similar to a homeowners insurance plan, but it actually covers many things that an insurance plan won't like a broken refrigerator, a broken furnace or an electrical malfunction on a ceiling fan.
Often times, new homeowners are offered a 1 or 2-year home warranty plan when they purchase a home. This is generally a huge plus for the home buyer because it takes away the stress of having to pay for likely issues that might come up during the first year or two of owning the home. Issues such as a broken refrigerator or dishwasher aren't fun to deal with. Or how about a broken furnace or air conditioner? These would likely cost $1,000s of dollars to fix!
Luckily, homeowners now have the option to get a home warranty plan anytime after they bought their home. Even if you've lived there for 20 years, you can still get your own home warranty plan that will cover the cost of many unforeseen home repairs!
Get Your Free Quote Now >>
13. Quit Buying Expensive Coffee
Yes, we all love a tasty Starbucks latte every now and then. But buying coffee from your favorite barista everyday adds up quick!
Let's do the math... $5 per latte 5 days a week is $25 a week. That's $100 per month just for coffee!
If you brew your own coffee at home, the cost is around 30 cents a cup. Now if you're all about convenience, consider a Keurig Coffeemaker. The cost per cup will go up to around 60 cents but it's still MUCH cheaper than buying from a coffee shop and is super convenient.
14. New Auto Insurance Policy
Here’s what auto insurance companies don’t want you to know...and what thousands of consumers are quickly learning about their current auto insurance plan:
If you're paying more than $63 per month for auto insurance, this auto insurance comparison tool can help you check to see if you're overpaying in a few minutes. This is something every driver should be doing every 6 months or so to ensure that they are getting the best deal.
Insurance companies are always competing to win your business, but if you turn a blind eye and keep the same policy in place for a long period of time, your rates might have increased. By checking rates, drivers saved an average of $531 per year with a new policy.
So do yourself a favor and do a quick comparison by filling out a short form (about 4 minutes). This is a fast way you can start saving on your auto bills.
Compare Auto Insurance Rates >>
15. Veterans Get a Massive Discount at Lowes
All active military and veterans are entitled to get a 10% discount on all in-store purchases at Lowe's.
To make it even better, Lowe's extends this offer to their spouses! Need new tools? How about new appliances? Lowe's carries a variety of things, so take advantage of this incredible discount!
16. Born Before 1987? Get Up To $185,000 To Use However You'd Like In September Thanks To The Government's Lucrative "FaCOP" Initiative
Don't expect banks to tell you this, but they can't stop you from doing it either...
Still unknown to many is a brilliant government backed mortgage program called the FHA Cash-Out Plan (FaCOP) that could benefit millions of homeowners and give them up to $185,000 in cash to use however they'd like! You could bet the banks aren't too thrilled about losing all that profit from high interest loans and might secretly hope homeowners don't find out before this program ends for good.
American homeowners are paying for their home renovations, funding their business, paying off debts & even taking vacations - All thanks to the government's home "cash out" option that is now available. Home values are through the roof right now and smart homeowners are taking advantage of their huge equity in their house and getting up to $185,000 back! There is NO COST to see if you qualify either.
So while the banks happily wait for this program to end, experts are making a nationwide push and urging homeowners to take advantage. This program currently exists as of September, but with national economic uncertainty, it could be pulled away from homeowners at any time. But the good news is that once you're approved, you're in. If getting up to $185,000 to use however you'd like sounds good, it's vital you act now and see if you could qualify for FaCOP now.
URGENT: So many homeowners could still benefit today, but sadly, many perceive FaCOP to be too good to be true. Remember, FaCOP could give you up to $185,000 & there's absolutely NO COST to see if you qualify. See how much you could get >>
How Do I Qualify?
Step 1: Click your state on the map to instantly check your eligibility for free.
Step 2: View your cash-out offer and claim it! Click here to get your new rate.
Select Your State:
Yes! I Want To Check My Eligibility Now >>
