Bangalore: There are lot of expenses in our daily life's looking for ways to slash the costs and manage their expenses is always a good idea. To survive the hurdle of rising prices, managing your expenses is important. It is better to decrease the expenses as you need to ensure you're savings lasts for the year ahead. Cutting down on your expenses doesn't mean a cut in quality or comfort. Organizing and planning can help you to cut down on your expenses, ensuring more money in your pocket. Only a financial trim is likely to make you feel better. There are several types of risks that might put you in difficulty. Let's look at some of the most common expenses people make and how to avoid them. What you'll need to do, is to check where your expenses are; then you can look at ways to cut and lower your expense. Telephone Bills With the rise of cell phone usage, the bills also seem to be rising. Especially, if your family loves talking on the phone then telephone bills can be a big expense. To reduce the bills you can use computers with internet services,by using Skype or other applications which are low in cost. There are plenty of plans for reducing the call costs you can also use it. The other option is to limit your call time by using a timer to keep in track of the minutes you have used.