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Cycle or walk to work to save money and get fitter. If you’re on the lazy side, invest in an electric bike to help you up those hills in the morning.
Also, if you normally drive to work alone, see if there isn’t someone who lives near you so you can carpool and save on gas.
We tend to carelessly spend small amounts as individually it doesn’t seem like a big expenditure. But you should be aware of, write down and control these expenditures as they can add up to big sums.
You can also throw your loose change into a jar, then count it up at the end of each month and see how much you’ve saved.
Be grateful for the money you have rather than complaining about not having enough. A simple change of attitude can help you to manifest more money and cut expenses.
You can also tell your friends and family that you want to cut expenses and let them know you are tempted to spend more than you intended. It’s even better if you can open in the effort to save.
Do not take out any payday loans as their interest rates are too steep.
Also, if you have a large overdraft, chances are you’ll spend it each month if you’re not careful with your money. If you’re scared to lose the overdraft completely, halve it and see if it makes you any more cautious with your money.
You can make your own cleaning products; for example, vinegar and baking soda work wonders for cleaning your drains; spray lemon juice on surfaces to get rid of stains and streaky grease marks, and use vinegar to scrub up wooden flooring.
You can also buy a dry cleaning kit and a spot remover pen if you regularly use dry cleaners.
From time to time, research alternatives to your current recurring services to ensure you are getting the best deal, but keep in mind that the cheapest isn’t always the best. Pay special attention to gas, electricity, insurances, phone, and the Internet.
Selling or trading your unwanted things will free space in your house and even allow you to make some extra money.
You can also shop in thrift stores. You can get designer items for pennies; you can find cheap tat and upcycle it for next to nothing, and find one-off clothes you’d never find on the high street.
Buy the unbranded products in the supermarket. You may only be saving pennies per item, but there really isn’t much difference in the taste.
You can also sign up to deals websites and newsletters, and save money on theater tickets, holidays, restaurant meals, and much more.
SIMILAR ARTICLES & IDEAS:
...is the process which provides you a framework for achieving your life goals in a systematic and planned way by avoiding shocks and surprises.
It’s a statement wherein you can jot down your assets and liabilities.
Budgeting is simply balancing your expenses with your income.
It's a plan for the coordination of resources and expenditures. When you budget your money, there’s a desir...
This method suggests that you allocate 70 percent of your income to expenses, 20 percent to savings, and the remaining 10 percent to debt.
70:20:10 may work for someone with a healthy emergency fund and minimal debt.
Savings and investments should be part of a monthly budget even when young or just starting a career.
You cannot save enough if you are waiting until your late 30's before...
To have a secure and financially independent retired life during your golden years with regular post retirement income, a corpus of savings/investments and a safe shelter or home.