If you are going through a bad financial situation and need to start saving now, check out this article 8 helpful tips for you save your money quickly.
1 ? Save electricity
The first step to saving should be taken at home. Unplug the electronics, rationalize the use of the electric shower, do not leave the lights on during the day and try to wash and iron your clothes at a higher volume to decrease the frequency of times. This saves you electricity and lowers at least one of the bills you have to pay each month.
Do the math: Compare the value of your electric bill in the month before the savings to the bill in the month you saved and you can see the difference.
2 ? Forget the branded products?
At least during this difficult time, prefer to buy cheaper products and popular brands. Doesn't that mean you need to buy inferior products, just search well and check the quality of the products? Because even the lowest value items can be good quality products.
Do the math: A basic branded jeans? it can cost between $ 300 and $ 400 while a popular brand pants can cost between $ 50 and $ 70? which is a considerable economy.
3? Avoid spending on clothes and shoes
A simple trip to the mall can cost you the fortune you don't have right now. So stores and malls should be avoided at all costs. If your friend wants to go shopping with you, decline the invitation and call her to watch a movie at your home in return? will come out a lot cheaper.
Do the math: If you go to the mall and buy a $ 50 blouse, a $ 90 denim shorts, and a $ 40 ring, you've already spent $ 180 on things you probably don't need.
4? Wipe Your Grocery Shopping List
When we go to the supermarket, especially without a shopping list, we come home with what we didn't need and without the product we needed most. So before you go shopping make a list and after you make sure you really need those items. Delete everything you can live without? for example ? bathroom flavoring sachets.
Do the math: When deleting items from the list, assign values to them and add them to see how much you are saving.
5? Get rid of the habit of eating out
Having lunch outside or even having a coffee outside can be much more expensive than you might think. So set aside this custom and cook your own meals.
Except for a few rare cases where it is more expensive to eat at home than in restaurants, certainty of savings is virtually guaranteed.
Do the math: A coffee in the bakery and a snack can be around $ 4 to $ 6, imagine how much it costs you in a month? If you do this for at least 20 days a month it may be worth up to $ 120 of the money you need to save.
6? Swap weekend getaways for days at home
Instead of going to the club with friends, why not invite them for quiet weekends at home? You can watch a movie, play cards, and spend hours chatting without spending lots of money.
Do the math: Admission to a club can cost around R $ 60 to R $ 80, not to mention the exorbitant prices in which a water can cost up to R $ 10. Do the math of how much you normally spend on a weekend and go to see how much you can spend. save all month without leaving home.
7? Search prices and prefer to buy online
Price research can pay you off up to 50% savings on some products, so it's worth checking the price of the same product in multiple stores. Another thing that can help you save faster is buying online. Generally the price of an online item is significantly lower than the same product in physical store.
Do the math: A TV set bought over the internet can cost up to $ 150 less than one bought at a physical store. It's worth buying online, isn't it?
8? Strictly control spending
Finally, a very valuable tip is to write down everything you spend. Even what you spend to buy a pack of gum should be noted, however small. This way you can add up and see what your actual spend is and so you can strictly control it.
Follow these tips for at least a month and you will realize how much you can save. And if you get used to living by saving, you can continue to follow the suggestions for even longer and be able to save an amount you can't even imagine.
5 Tricks That Save A LOT of Money FAST (April 2024)
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