 TITLE: What Is the Best Way to Save Money? CONTENT: How to Save Money Monthly\n-------------------------\nOn top of finding ways to save money daily, cutting down your monthly expenses can help you put more cash toward your bigger goals. Take a look at these four areas for opportunities to cut spending.\n*   **Utilities, telecom and public services**  \n    Want to limit your energy usage? Try a programmable thermostat to cut back during times you won't notice the difference (like when you're sleeping or out of the house). A tankless water heater can also lower utility costs, though it will take time for those savings to overtake any upfront costs required to upgrade. Put off buying a new cell phone as long as you can, and make sure your plan fits your needs.\n*   **Health care**  \n    Apps like GoodRX might help you to save money, even if your insurance plan offers prescription drug coverage. Setting up a flexible spending account at work might help you take advantage of tax breaks on health care costs as well. And of course the best way to save on health care costs: Exercise often and eat well.\n*   **Housing**  \n    Is your mortgage interest rate higher than the rates currently available to homebuyers? If so, you might want to consider refinancing your loan to potentially reduce your monthly payment and save on interest. It's also a good idea to compare your homeowner's insurance rates each year to make sure you're getting the best coverage at the lowest cost available. If you're renting, consider a less expensive place while you pay off debt and build your savings, or get a roommate who can share expenses.\n*   **Recurring monthly costs and subscriptions**  \n    If you're like many people, you might not remember all of the recurring monthly bills you signed up to pay. Apps like Truebill can help you to find your monthly subscriptions and cancel the ones you no longer need or want. END