Trimming household expenses without sacrificing comfort

There are some simple ways to limit monthly spending without drastically changing one's lifestyle.

More Americans say they're tightening their belts and feeling the squeeze. A new poll shows that 30 percent of people in the U.S. have cut back on food, medicine and other daily necessities.

So what are some relatively painless ways to cut back on spending? Try these tips.

•Cut food spending. One has to eat, but there's no need to go broke. Start with a list and stick to only what is needed. Forget brand loyalty and pick generic or sale items. Enroll in a grocery store's coupon club or similar program. Shaving just $4 off the weekly grocery bill adds up to more than $200 a year. Instead of taking the family out for dinner, consider going to breakfast instead.

•Trim entertainment costs. Instead of going out to the movies, visit the library and rent DVDs, usually classics and newer titles, for free.

They also often carry copies of the latest book releases. Borrow just two books or movies a month instead of buying or renting, and save $120 to $240 a year.

Look into bundling cable, telephone and Internet services with one company and consider negotiating for lower rates. Reducing fees just $20 a month can save $240 a year.

•Shave insurance. Pay less for auto or homeowner's insurance. Consider shopping coverage around to different providers to see how much might be saved.

•Cut (credit) cards. Fewer than 40 percent of respondents in a survey could determine how many years it would take for the amount of money they owe on their credit cards to double. Understand what is owed and work to pay it off quickly. Carrying credit card debt leaves one vulnerable to fluctuating rates and fees that can affect a monthly budget and the total amount ultimately paid on a card.

This story provided by North American Precis Syndicate Inc.