By letting go of a few things in our lives, or by replacing it with a cheaper alternative, we can easily reduce our outgoing money levels. These are a few simple ideas to save yourself $100.00 per month, but I'm sure you can come up with many more ways to reduce your own household spending.

1.Drop Your Land Line

Cost With Land Line:
Traditional Phone Line= $55.00 per month
Average Cell Phone Cost= $60.00 per month
Cost of Dial-Up Cable=$20.00 per month

Monthly Total: $125.00 per month

Drop the Land Line Cost:
Cell Phone: $60.00 per month
Cable Internet: $45.00 per month

Monthly Total: $105.00 per month

Savings Per Month= $20.00

2. Simplify Your Cable

Expanded Cable Costs
Expanded Cable=$45.00 per month

Monthly Total= $45.00 per month

Basic Cable Costs
Basic Cable=$15.00 per month

Monthly Total= $15.00 per month

Savings Per Month=$30.00
3. Change Car Insurance

Simply by shopping around a bit, you can most likely save at least $15.00 per month on car insurance. You may be able to save more than that. If your driving record is favorable, check some of the lower risk car insurance companies such as American Express.

Savings=$15.00 per month
4. Stop Commercial Cereal Buying

Commercial Cereal Costs:
12 boxes per month (3 per week) @ 3.50 per box=$42.00

Alternative Breakfast Costs:
6 pounds bulk oatmeal= $6.00
4 packages bagels=$4.00
60 count eggs=$4.00 (Make french toast, fried eggs, etc)
2 boxes generic Cream of Wheat=$4.00

Monthly Total=$18.00

Savings Per Month=$24.00
5. Bake Your Own Bread

Store Buying Bread:
3 loaves bread per week @ $1.50=18.00 per month
Six Months of Store Bought Bread=$108.00

Making Your Own Bread:
50 pound bag flour=$8.00
3 pounds yeast=$3.50
25 pounds sugar= $6.00
5 gallons cooking oil=$6.00
Salt=$.35
Cost per month: $3.97
Six Months of Homemade Bread=$23.85

Savings per month= $14.03

TOTAL SAVINGS=$103.00