June 28, 2013

June 28, 2013




10 Ways to Cut Expenses
Part 2


Welcome to another day in my life. Today is Friday and we have almost made it through another work week. I hope you are having a beary safe and great week so far. It is another busy week for Dab the AIDS Bear and me.

Because living with HIV can be so expensive, many of us living with HIV have to really budget every dollar. So yesterday I started blogging about how you can cut expenses that I will finish today.

6. Tap Water for Me, Please

Restaurants and fast-food carry-outs mark up their beverages especially alcohol far more than their food. That $1.75 soda may not seem like a lot, but based on U.S. Census Bureau data, the average family of four could save about $800 per year by drinking tap water when they dine out.

7. Review Your Insurance

Before you renew your insurance policies, review them and ask your agent about ways to reduce costs. My agent told me we qualified for a "good driver" discount and that it didn't make financial sense to carry collision or comprehensive coverage on our aged vehicle. We lowered our annual premiums by nearly $350!

8. Pay Down Your Mortgage

According to the website mortgagecalculator.org, paying just $100 extra every month toward the principal of the average 30-year mortgage will allow you to pay it off in only 24 years and save you tens of thousands of dollars in interest.

9. Money Down the Drain

The Environmental Protection Agency says that the average U.S. home wastes about 10,000 gallons of water every year because of leaks. Replacing a single leaky toilet with an efficient model that meets EPA's "WaterSense" standard could save a family of four approximately $2,000 in water and wastewater bills over the lifetime of the toilet.

10. Break a Truly Bad Habit

There are a lot of health reasons to give up bad habits like smoking. But don't overlook the financial incentives. Buying a single pack of cigarettes per day will cost you on average about $2,000 a year or, say, $100,000 over 50 years of smoking.

Hope these tips help you be able to curb your expenses and make life a little bit easier. Have a beary safe and great Friday!

Until we meet again; here's wishing you health, hope, happiness and just enough.

big bear hug,



Daddy Dab