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How to Build Savings by Cutting Back


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•   Raise the deductibles on your auto insurance policy.
•   Strive to be eligible for discounts on your insurance such as good-driver, good-student, and multiple car account programs.
•   Investigate carpools and public transportation, and see if your employer offers any subsidies.
•   Avoid repair bills by maintaining your vehicle properly with regular oil and filter changes.
•   Plan your errands around your driving route to avoid multiple trips to save on gas.

Buying used cars and driving them for years is a great way to reduce your lifetime transportation expenses.

Health Care

•   Buy generic or store brand drugs, and speak with your physician about less expensive alternatives, or even free samples.
•   Order prescriptions via mail or internet.
•   Look for free or low-cost clinics.
•   Monitor insurance claims to make sure you’re not getting stuck with bills.
•   Take care of yourself (exercise regularly, avoid unhealthy habits like smoking and alcohol, and wash your hands regularly to avoid getting sick).
•   Utilize any reimbursement benefits that your health insurance may offer. 

With continuously increasing health care costs, many employers are asking their workers to take on a larger share of the expense. 

Clothing and Services

•   Perform an inventory of your wardrobe and only buy items that work with what you already own. Even better, shop in your own closet and repurpose pieces you haven’t worn in years.
•   Buy clothes out of season when stores discount them (winter coats in summer, shorts in fall, etc.)
•   Consider buying used at thrift shops and secondhand stores. Also, hold a clothing swap with friends.
•   Avoid dry-clean only clothing.
•   Try getting your hair cut at a beauty school for a much lower price than a salon.
•   Cancel your health club/gym membership and find ways to workout at home or outside (go for a walk or run, purchase weights to use in your home, workout with friends, and try free workout videos online).
•   Cancel  unnecessary expenses like magazine subscriptions and use free resources like the internet and libraries. 

Many people update their wardrobe with the latest fashion trends. Others simply refuse to wear the same outfits for very long. Take some simple steps to keep yourself in fashion and under budget.



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American Consumer Credit Counseling (ACCC) provides non-profit credit counseling, financial education, debt relief consolidation and debt reduction services for consumers nationwide. We offer free credit counseling to help individuals and families learn how to pay down credit card debt and how to eliminate debt altogether. As an alternative to expensive unsecured debt consolidation programs for settling credit card debt, our debt management programs help consumers pay off debts and manage credit card debt more quickly by consolidating payments. We also offer debt negotiation services to help reduce finance charges and interest rates. And our financial education services show consumer how to manage money more effectively and how to get rid of credit card debt more quickly – usually in five years or less.

American Consumer Credit Counseling - Consolidate Debts - Better Business Bureau American Consumer Credit Counseling - Consolidate Debts - Mass Housing Approved National Industry Standards for Homeownership Education and Counseling American Consumer Credit Counseling - Consolidate Debts  - Council on Accreditation American Consumer Credit Counseling - Consolidate Debts  - NFCC Member