9 Ways to Save Money Every Day
Turn saving into a part of your daily routine
Saving money doesn’t have to be a nightmare anymore, even for the ones that it seems impossible for, there’s hope. Sometimes changing a few minor things can make a big difference and with these 9 tips you will save a little money every day.
1.Go grocery shopping at a set time, not every time you need something
How many times have you gone to buy bread or milk and returned with a shopping bag, full of chips and nutella, a.k.a stuff you don’t really need? To avoid this shopping slip, set out weekdays when you need to shop.
Most of us use the same products every week, except for the days we feel adventurous with cooking skills. In that matter, you are easily predictable with groceries and it would be easy to know what to buy in advance to be set for the rest of the week.
Meal planning is hard but you can try making a shopping list of products, used to make all your favorite meals. Struggling with decisions regarding if you should buy a huge bucket of ice cream that you shouldn’t eat anyway is known to all of us, but be strong and resist the temptation.
2. Be a savvy shopper
Instead of rushing through the supermarket and grabbing every second thing that meets your eye, take the time to look around and shop smart. Offers, cheap brands and discounts are everywhere if we just try and notice them.
Most supermarkets tend to have crazy discounts on products that are close to expiration or have a damaged package that doesn’t look well. However, all these products are completely fine to consume and you can save a chunk of money by choosing them over the usual higher price.
You can also buy in bulk, to lower the actual price, as long as you have a storage where to put the products. Don’t forget that you can’t keep products with a short life such as dairy or meat, but you can always cook your meal and then freeze it to eat another time.
3. Follow a budget
It may sound boring and overused already, but it is necessary. However, it isn’t hard and you can start by just recording your expenses and try to analyse them. At the end of the month, review the money spent and think what you can do.
There will always be those money spent on useless things that you could’ve easily kept in your wallet and you need to find them and remove them from your budget. Be consistent and see your development with finances over the months.
Budgeting can help you build that finance shield you need in case of an emergency and feel secure. As with everything else, is it necessary not only to try and save money but be aware of your current situation and make an effort to improve it.
4. Consistency is key
Another factor to successfully save money is to be persistent and follow your own rules. Following up on savings may be hard with a scattered notebook budget and no target, so set a goal of how much you want to save over a given period.
Then, divide that number into months or weeks, whatever feels right for you, to create your short-term goals and keep the initial motivation. Seeing that you are getting closer to your goal will make you less likely to flunk out and forget about savings.
Another good idea is to cooperate with a friend that also wants to save money and keep track of each other’s goals. Same with working out, saving is easier and more fun with a friend and you also always have a helping hand and support to motivate you.
5. Compare prices
A few years back, this would’ve been impossible, since industries weren’t so competitive or sensitive about losing a customer. Nowadays, everyone is competing over the best price and customer benefits and you can take big advantage of that.
You can use the internet or newest apps to compare prices of every item you can imagine, ranging from washing powder to a helicopter. It is only one click away and will help you make financially savvy purchases.
If you are an impulsive shopper, there are also apps that let you scan the barcode or name of the item in the shop and find out if this is a good price to buy it for. This can be very useful when you’re on the spot of buying those amazing shoes, but are self-conscious about your finances.
6. Buy second-hand
Thrifty shopping is no longer a crime and second hand is the hit amongst savvy shoppers. Almost anything can be bought second hand, including clothing, furniture or tech stuff. You just have to look around!
All sorts of things can be found at a flea market, which is a mix up of everything, but a really good place if you want to get housing decorations or books. Book stores rarely offer second hand or discounted books so if you love them, flea markets are the place to get them.
The Internet can also assist the search of second hand products, giants like Ebay and Amazon are full of discounted things where you only need to pay for delivery. This is a good way to save some time from wandering markets and order the goods straight to your door.
7. Limit eating out
Going to restaurants from time to time is always pleasant, but it may cost you more than rent. Nowadays, even fast food is getting more expensive, while eating at a gourmet restaurant is usually a small fortune.
Instead of doing that, you can try cooking for yourself. Even if you’re not a foodie and you only eat to survive, making a homemade meal is always good and potentially cheaper. There are thousands of recipes online that even the biggest cooking beginner can follow, so don’t worry!
Bring your food for lunch at work, instead of paying or spending too much on a place just because it is close to the office. Moreover, bring yourself some snacks from the supermarket, for the times you feel hungry at work, so you don’t run to the vending machine every 2 hours.
8. Don’t pay for anything you can get for free
Nowadays, most of the things we look for are already on the Internet, maybe even for free. This is maybe good for us and bad for people who get paid for them, but if you need to save money and still enjoy your hobby, the Internet is your best friend.
All kinds of language, cooking, hairdresser or craft lessons are available online, most likely provided by passionate bloggers who made a video or tutorial. It is a good idea to take advantage of them, even if the one you want is paid, it will still be cheaper than taking a course for example.
Paid lessons usually provide certifications as well, so if you need lessons for some professional qualifications, it is still an option. Not to mention far more convenient, since you don’t have to comply with starting hours, set out lectures and so on and just do it on your couch.
9. Spend time with your friends without spending much money
Being with friends sometimes involves spending money on going out for coffee, eating out or shopping. This may have a bad impact on your budget and savings, so be careful and money-conscious before going out.
There are many ways to reduce your expenses while with friends, such as being outdoors more, organizing house parties instead of bars and many others, you just need to be creative!