8. Prescription Drugs, Over-the-Counter Drugs, and Vitamins

The average spent by US households: $498

Another way to cut your expenses is to reduce your prescription drug costs. In fact, with a few tricks, you can actually save up to 50%! For instance, you can try buying discounted gift cards and paying for medications with them. There are marketplaces, such as Raise, that let people with unwanted gift cards sell them to others for less than they are worth.

Also, consider shopping around and comparing different pharmacies’ prices. There are several free websites that make this task easy, and you may be surprised at how much money you can actually save.