subject: Cutting Back On Budgets To Afford Health Insurance Premiums [print this page] As the economy continues to fluctuate and many people find that affording even basic things such as health insurance becomes more difficult to do, more people are tightening up their budgets in order to survive. It is important to budget appropriately so that important things such as health care, home mortgages, car notes, and utilities get paid. Working on a budget can be difficult and can be even more of a challenge if you are cutting back on a current budget.
When people lose jobs or one spouse has his or her hours cut back at work, expenses can begin to pile up if you have not learned to reduce spending and live on a strict budget. There are many things which can be done so that you can afford the necessary things such as health insurance for the family and other major expenses which should not be sacrificed. It is always an adjustment when you are implementing a new budget in a family but with some sacrifices and a willingness to survive financially through hard times for the sake of the entire family, it can be accomplished.
Most families do have things in a family budget they can reduce spending on in order to be able to afford health insurance. Some of these things include eliminating items from the grocery list which are not absolutely necessary. These items will include junk food snacks, soft drinks, and packaged foods. Homemade snacks can be made for a fraction of the cost and can last longer and typically are far healthier than store-bought snacks. These snacks you can make at home can include homemade pita bread or tortilla chips, dried fruit snacks, and miniature homemade pizzas.
By purchasing whole foods and making your own meals at home, you avoid the expense of purchasing prepackaged foods which cost more and last less. You can also cut back on eating out and this can save up to hundreds of dollars per month depending upon how often your family dines out. Other methods to save money so that the family budget can hold up to basic necessities include using coupons to purchase grocery and household items, as well as using coupons for oil changes on automobiles.
When it comes time to replace furniture, opting to reupholster or purchasing slip covers will often save enough money to pay for a few months worth of health insurance premiums. Other creative methods many people use to stick to a tight budget consist of selling gently used clothing to consignment shops and this allows money to go back in the pocket to purchase new clothing with for children and other family members.
When financial times are rough, it is important to keep up to date on health insurance premiums and other necessary bills which allow a family to be provided for and secure. Cutting back on unnecessary items may not be enjoyable but many families learn to quickly adapt and soon grow accustomed to and even thrive with the changes.
by: Casey Trillbar
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