These tips on saving money for fertility costs will help if you can’t afford infertility treatments. These tips are from Ethan Ewing, the president of Bills.com…
“Money is tight these days, and so is time,” said Ewing. “If you like the idea of trimming the fat from your budget, but not the idea of spending hours clipping and organizing coupons, we’ve put together a list of ways to save money effortlessly.
For more info on fertility treatments, read What to Do When You Can’t Get Pregnant: The Complete Guide to All the Technologies for Couples Facing Fertility Problems by Daniel Potter and Jennifer Hanin.
And, read on for Ewing’s tips on saving money for fertility costs…
Tips on Saving Money for Fertility Costs
Use cash instead of credit
People spend more when using credit cards than when using cash. Tracking your expenses in detail also helps you save money – such as developing and using a simple budget.
Buy store brands
A great tip for saving money for fertility costs is to purchase store brands instead of brand names; you may save up to 50 percent. This saves more money than savvy coupon-clipping.
Chill hot water heating costs
Water heating accounts for 12 percent of home utility costs. Wrap the water heater in an insulating blanket (about $20) and lower its thermostat setting to 120 degrees from the typical 140 degrees Fahrenheit. For every 10 degrees the temperature is lowered, energy costs can drop 5 percent, or approximately $5 per month.
Eat and drink out rarely
Brew coffee at home and bring it to work in a reusable cup. If you prefer strong coffee, invest in a $50 espresso maker to brew up lasting savings. Or buy soda pop at the grocery store or warehouse club for 20 cents a can instead of from a vending machine for a dollar or more. But go easy on the caffeine – it doesn’t help you get pregnant!
Keep pets small
Love has no price, but when choosing a new dog, opt for the smaller canine. Its annual upkeep costs will average $700 less per year. Or choose a cat for another $60 in savings.
Wait 48 hours before making an impulse buy
If you still want the item after two days, go buy it! Many purchases lose their appeal after even a short cooling-off period.
What are your tips on saving money for fertility costs? I welcome your comments below!
Bills.com is a free one-stop portal where consumers can educate themselves about complex personal finance issues, including credit cards, debt relief assistance, insurance, mortgages, and other loans.