Saving for the rainy day or saving for your early retirement is easier said than done. It is the hardest adult thing to do. If we had a nickel for every time we said that ‘I will start saving from next month’ we’d be millionaires. Don’t worry we all have been there, we know exactly how hard it is to not splurge your money on snacks, Starbucks, your 2 am impulse shopping, and last-minute impromptu dinner plans. It’s hard to save money and have a social life too. Here’s how you can make little tweaks and adjust your lifestyle in order to save money.
Track your expenses
Tracking your expenses gives you an idea of how much you spend normally against your income. Track how much you pay for groceries, gas, phone bills, coffees, etc. This will give you an idea of where you are overspending and what expenses you can cut off. And thus making a budget.
Get another job
When you can’t save enough money, get another job along with that. You can work part-time jobs like freelancing work, the barista in a cafe, waitressing, or whatever you like. The thing is if you cannot save enough money from your regular job then you should take up some extra work and earn that money. This income should go straight into your savings.
Cable Tv
We live in the digital world where we have numerous online entertainment platforms like Netflix, Amazon Prime, Hulu, MX Player, ALT Balaji among others. Now, who needs cable TV and also it’s just an unnecessary expense that you can avoid altogether. While you are at it, cancel the subscriptions you are not using and won’t use in the future.
Coupons
Before buying anything or in stores or going to restaurants look for the coupons. It saves you a shit ton of money so why not use it to your advantage. Check for coupons every time you buy anything. You can use this app called nearbuy.com where you can buy gift coupons and save a whole lot of money. They have coupons for everything: spas, restaurants, clothing brands, electronics, etc.
Buy in bulk
If there is something that I picked up from my father, it is bulk buying. This is not you going on a fashion spree. What I am referring to is buying essentials that you need in your everyday life. This can be anything like soaps, tampons, pads, face wash, batteries, etc. This does require more money upfront but saves you a lot of money in the long run than buying things in small quantities every now and then. In this case just make sure you don‘t go overboard and keep an eye on those expiry dates when you buy milk, bread, or any other perishable goods in bulk.
Go Thrifting
Thrifting is the best way you can save a shit ton of money on clothes. Go to thrift stores, flea markets, they sell second-hand clothes for dirt cheap prices. The only thing though is that you will have to be careful and look out for any damages. What you are doing here is you are helping the planet because as we all know that fashion industries produce a lot of waste and buying second-hand is helping the planet to heal. In addition to that, you are saving a lot of money, doing a favor to mother earth and it is fun too. Thrifting is the future. As it should be.
Grocery list
Never go grocery shopping without a list. Read that again and again till it gets fit into your brAIN. Make a list of the necessary items in your device or simply note it down on paper but don’t go without the damn list.I said never go without a list. Grocery store owners spend a shit ton of money to study the spending habits and customer’s psychology to make you buy things you don’t even need. They lure you into buying more snacks than you need. If you go down there without a list you will wander around various aisles and before you can remember you have spent all your budget and came back without actually buying the thing you came to the store for.
To summaries:-
- Track your expenses.
- Get an extra job.
- Look for coupons.
- Go thrifting.
- Bulk Buy.
- Go with a grocery list.
