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And with costs rising everywhere, making that money stretch can feel like a constant struggle.
Here are eight homeexpenses to cut while on Social Security.
The benefits are lower property taxes and reduced maintenance expenses, he said.
Start by auditing your energy usage and looking for inefficiencies, he said.
Installing energy-efficient appliances, LED lighting and programmable thermostats can dramatically lower monthly bills.
Additionally, consider negotiating with your utility providers.
Many offer discounts or budget billing plans that can help stabilize payments throughout the year.
Ryze said, I also advise providing better insulation by sealing drafts around doors and windows.
As a result, youll incurreduced monthly utility bills.
I suggest bundling home and auto insurance for potential discounts, he said.
Thus, you might lower insurance costs without compromising coverage.
it’s possible for you to look for discounts, use coupons and consider generic brands.
So, you reduce food expenses without sacrificing nutrition.
Transportation
Ryze suggested using public transport or carpooling to save on transportation costs.
If thats not possible, he also suggestedregular vehicle maintenanceto help avoid expensive repairs.
The ultimate benefit is that you lower your fuel, maintenance and insurance costs.
Maintenance and Landscaping
Shirshikov said maintenance and landscaping costs can also be trimmed.
Hiring alawn care serviceor regularly paying for handyman services can add up quickly, he said.
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