I want to clarify first that we are fine financially, however what worries me is that we don't know what is going to happen after this pandemic ends; or even when this pandemic will end. So I feel for the moment it makes sense to tighten our belts on our outgoings and try and save where ever possible until we see how things pan out.
The first thing we did was do up an excel spreadsheet of all our monthly outgoings. When I did that I realized I could save some money if I did a couple of things.
1. Cancel our weekend newspaper. It's a want not a need at the moment, and with watching so much news online and on the tv, we have no need for the newspaper as well. Saving $20
2. Try to lower our internet/cable/telephone bill. Did that and will end up saving $35+ a month.
Doing both of those things, which took me half an hour means a savings of $55 a month.
In Ontario we now have off peak hydro/electricity rates all day, seven days a week for the next 45 days. I am hoping that will be extended, but meanwhile I will take what is offered.
The weather is starting to get better, so I am hanging out my laundry. Some people can't/or are not allowed, but if you can, hang out your laundry and that will save you even more money.
Cooking from scratch. With all the restaurant closures due to the pandemic, other than ordering in, cooking from scratch is the way to go. I am hoping to give you some easy ideas on homemade cheap meals as the weeks progress.
I cut/shaved my hubby's hair on Friday. I do this regularly anyway. With the hairdressers being closed now would be as good a time as any to try your hand at that. We bought a one similar to this one and it works great. At $20 a haircut, we were saving money by the time I had cut/shaved his head twice.
What are you doing to save money during this trying time? Looking forward to hearing about your great tips.