Closing The Loop is a method to accumulate the funds to pay those recuurring expenses. If the expense is from a publicly traded company you could start buying stock in the company until you own enough where the earnings cover your electric service expenses. This means you are a part owner of the companies you deal with. Hopefully the earnings will remain in line with the expense once you reach the earnings level that will cover the expense. If that works you'll have effectively eliminated that expense.

Let's say you have a recurring expense for your electric service every two months. If it's a publicly traded company you could start buying stock in the company until you own enough where the earnings cover your electric service expenses. This means you are a part owner of the companies you deal with. Hopefully the earnings will stay in line with the expense once you reach the earnings level that will cover the expense. If it works you'll have effectively eliminated that expense.

You can continue doing this with insurance, automotive, gas, fuel, etc. pretty much any expense you have. And if you have an expense that you can't do this directly with (say, a county supplied water service) find a related industry and explore that for stock purchases.

If you can't afford to buy stocks right now you might want to "Shrink the Loop". Read more by clicking here Shrink the Loop

Caveat: You'll need to eduacate yourself about purchasing stocks. Compare stock brokers. Talk to them but don't let them talk you into anything until you're ready to purchase.