Jini Thornton shares strategies for reducing household monthly bills
Money expert Jini Thornton suggests that families can reduce household expenses by focusing on major recurring bills rather than small daily purchases. Thornton recommends reviewing statements from the previous two to three months to identify spending patterns and potential savings.
Key strategies include negotiating rates for car insurance, utilities, Wi-Fi, and cell phone services. To improve negotiation leverage, Thornton advises researching competitor promotions and knowing how long one has been with a current provider before contacting them. Additionally, families can lower food costs by comparing grocery prices, using coupons, and planning meals in advance.