Financial Freedom

Household Expenses You Should Never Cut Corners On

This post may contain affiliate links and/or it may have been sponsored content. Please view our policy page for more details.

We all love some great money saving tips, and once you’ve tried cutting costs in order to save money and live more of the life you want, it can quickly become addictive. Seeing those savings mount up and knowing you are moving closer to your financial goals – whether it's gathering capital to start up a business, saving money to fund a round-the-world trip or even aiming to purchase your first home or start a family – can give you a feeling of satisfaction like no other, especially when you’ve managed to identify savings in your personal budget that doesn’t make you feel the pinch – things like canceling unused subscriptions or switching your utility providers. Soon you start looking for the next saving you can make. And while this is brilliant in principle, there are a few things which it turns out to be a false economy to cut too harshly. When trying to make cuts, always think about the long-term cost you could be incurring further down the line.

There are some expenses that it doesn't pay to cut corners on. Here is the list of household expenses you should never cut corners on.
Photo by Vladislav Reshetnyak from Pexels

Nutritious Food

As an area of semi-discretionary spending, it can be highly tempting to look to your food budget when you’re trying to make some easy savings. And while swapping from a proprietary brand of pasta to the store’s own-brand is unlikely to make a huge amount of difference to your health, what will have an impact is opting for cheaper processed foods and cutting fresh produce and high-quality proteins from your diet. And while ready meals may seem cost-effective and convenient when we all lead such busy lives., you’re storing up potentially costly health issues for the future. Get around the problem by finding other ways to save on food without compromising on quality. If you’re a meat eater, always opt for the highest quality you can afford, but consider cheaper cuts such as lamb shoulder or chicken thighs – these tend to be particularly tasty when done in a slow cooker as it makes them tender. Try and batch-cook your meals, divide into portions and freeze for convenience without a health sacrifice. You could also try cutting out meat two or three days a week and finding stock of delicious vegetarian recipes which are healthy and cheaper to make. Bulk buy dried and tinned goods where possible and use frozen vegetables where you can – these cost less, create less food waste and still have very high nutritional values as well.

Insurance Costs

Insurance is one of those costs that you think is fairly useless – until something happens and you really need it. With costs for medical care spiraling, you’d be very wise to consider a service like Medicare Nationwide, which offers gap coverage for policies so that a medical emergency doesn’t end up bankrupting you as well. Never skip home cover either – should a natural disaster, fire or flood occurs and you have no insurance and no way to repair your home and replace contents it would be a true disaster.  And it should go without saying that you shouldn’t consider traveling abroad without cover there too – being trapped overseas with no way to get home if you have an accident is not worth the risk.

Skipping Home Maintenance

A leaking gutter or a chipped tile here and there or your car’s annual service may seem like a tempting thing to skip – after all, it isn’t really affecting your quality of life in the here and now. But the consequences of not keeping up with home and vehicle maintenance can be severe. Not only can problems develop which turn out to be more costly to fix eventually, but you could also be inadvertently putting yourself and loved ones in danger. The cheapest tradesman or garage isn’t always the best option either – use customer reviews to gauge whether they are likely to do a good job or to do works which may end up costing you more at a later date.

Instagram

Many parents shy from having the talk to them about sex, drugs, and alcohol! Here are some tips and food for thought to help you.
Talk To Them About Sex, Drugs, and Alcohol

I see so many parents waiting until their kids are in...

Taking a cruise vacation has many benefits. Learn why cruises are the ideal vacation for many reasons and seasons here.
Cruises: The Ideal Vacation for Many Reasons and Seasons

For some people, the term “cruise” brings to mind an expensive...

How To Maintain Your Husband’s Confidence Despite Thinning Hair

Some men love their hair long, some like it clean and...

Picking out the right policy for your pet's insurance can be a bit tricky. Read these tips to know which pet insurance is right for you.
Pet Insurance: Picking the Right Policy

Our pets are often considered as an extension of our family,...

Once you lose sight of your well made budget it is hard to gain it back. here are five ways to get your budget back on track this fall.
5 Ways to Get Your Budget Back on Track this Fall

If you live for those lazy, hazy, crazy days of summer,...

Debt consolidation loans can truly help you improve your financial situation. Take a look at the top five reasons why you should get a loan.
4 Reasons to Get a Debt Consolidation Loan

You may have heard of a debt consolidation loan and been...

Love or Money? How About Both?

Is it better to work a low-paid job that you enjoy,...

Now is the time to start doing your Christmas shopping in order to manage your financial funds better.You can take advantage of superb deals!
Why You Should Start Your Christmas Shopping Now!

It barely feels like seconds ago that the Christmas tree was...

Having a well laid out kitchen can make cooking more enjoyable. Here you'll find 5 top tips on creating your dream kitchen.
Creating Your Dream Kitchen 5 Top Tips

Food is an integral part of your daily routine as it’s...

You won't be able to use R22 refrigerant anymore in your HVAC units. Does this mean replacing your air conditioning unit, too?
The Phasing Out of R22 Refrigerant: 3 Things You Need to Know

If you have an older air conditioning unit, chances are good...

Bathroom remodeling can come with many unexpected things. Here are four bathroom remodel no-nos to avoid doing.
4 Bathroom Remodel No-Nos

There are some areas in the home where we rarely venture,...

With the busy lives, we all keep, it's sometimes best to outsource tasks. These are home maintenance jobs you shouldn't feel bad outsourcing.
Home Maintenance Jobs You Shouldn’t Feel Bad Outsourcing

When your home is in a perpetual state of chaos, you...

Being an entrepreneur has many benefits! Be sure to read this before you become an entrepreneur to know what tribulations you will face.
The Things No One Tells You About Starting A Business

While many movies, television shows, and books have depicted the glory...

Every entrepreneur should have a certain set of skill sets. These are the skills every entrepreneur should embrace before they start.
The Skills Every Entrepreneur Should Embrace

Becoming an entrepreneur is quite often the dream for so many...

Having creativity can become a profitable talent. Find out the importance of creative hobbies and how to take them to the next level here!
The Importance of Creative Hobbies and How To Take Them To The Next Level

If you have got creativity in the brain, then you can...

Have You Got The Right Space For Working From Home?

Working from home is becoming more and more popular. What with...

Prepare to be moved by another Kendrick Brothers' movie, OVERCOMER this weekend August 23, 2019. Get your movie tickets now! #overcomermovie #Flyby #ad
OVERCOMER Movie Thoughts

I've been a fan of the Kendrick Brothers Production movies since...

Get your family ready to watch the UGLYDOLLS family movie this weekend. Learn more about it here!
UGLYDOLLS Family Movie May Change Society

We live in a society where a person’s appearance is one...

DUMBO movie is coming to life. Learn more about this movie and a bit of information about myself here.
DUMBO New Edition Releases Soon

One of my favorite movies growing up was DUMBO. I was...

Learn more about the new Nancy Drew and the Hidden Staircase movie and enter to win your own copy. This wholesome family movie will be well liked by all.
Nancy Drew and The Hidden Staircase Review and Giveaway

Warner Bros. Home Entertainment provided me with a free copy of...