Monthly portion periodic expenses 12 3. Estimated Monthly Expenses 2a. People often wonder how their spending compares with that of other families. Expense Trimmers Consider refinancing your mortgage. If prevailing mortgage rates are below your current level, refinancing could produce significant savings if you plan to stay in your home long enough to recoup refinancing and closing costs.
Considerable money is spent on random trips to a mall or hardware store.
As an alternative, look for potentially less expensive, but equally enjoyable activities. Take the children or grandchildren roller skating or ice skating. Visit the library and check out a book or video. Bake cookies or try a new recipe. Organize a family table tennis tournament or take a biking excursion.