10 Quick Tips To Save A Lot Of Money.
1. Use software to save
Today, with computers, we can automate everything.
So why deny it?
It allows you to take a weight off your shoulders, and in addition, you save time.
Saving money is a snap if you have an online bank.
Simply program an automatic transfer from your checking account to a savings account each month.
Even if the amount is very small, the most important thing is to start!
And if you have an iPhone, we recommend the Daily Budget Original application.
This very easy to use app will allow you to easily manage your budget and help you save money. Download it here for free. There are similar smartphone apps.
2. Plan your meals
When people ask me how we manage to feed our family of 6 for less than 35000 € per month, I immediately answer: "we do it by planning our meals."
Planning your meals will save you a lot of money.
It eliminates impulse and unnecessary purchases.
It will also allow you to make affordable and balanced meals rather than buying "what looks good" at the supermarket.
3. Plan your meals according to specials
You don't have to study promotion papers for hours on end to find the best deals.
Just make a general menu without planning the details to be able to take advantage of the good deals there.
For example, one of your dishes could be meat stir-fry.
In this case, you would need meat, vegetables, and aside.
When you get to the supermarket, choose the cheapest type of meat-based on the current specials.
Ditto for vegetables. Then choose a side dish like rice or quinoa, looking for the best weight/price ratio and nutritional quality.
4. Drink more water
It may sound obvious, but the statistics show that it is not that much.
You will save a lot of money if you stop buying soda or juice packs.
Bottled water is cheaper, not to mention tap water, which is even less expensive!
There are plenty of ways to filter water in case you aren't a fan of the taste of tap water.
Compare the cost of bottled water or filter solutions and take your pick.
At a restaurant, a family of 6 can easily save between rs 1317 and rs 2500 by drinking water instead of sodas.
5. Plan the repayment of your debts
To get out of your debts, it is essential to know how to organize yourself.
There are several solutions, but the two most effective is called the "Snowball" and the other "the Avalanche."
How do they work?
For the "Snowball" solution, simply write a list of your debts on a piece of paper from the smallest to the largest.
Then use the smallest penny set aside to pay off the smallest debt in full.
Once you've finished paying that first debt, add a little more pennies to the payment you were making to pay off the next smaller debt.
And so on for the following ones until you have paid off all your debts.
For the "Avalanche" solution, it's the same thing except that you sort the debts by interest rate.
That is, you first try to pay off the debts that have the highest interest rate.
This method has the advantage of getting rid of debts that are growing the fastest each month.
This saves you money on interest, which allows you to use that money to pay off other debt.
6. Take a small job
If you're trying to achieve a goal that seems to take longer than you want, why not take a side job?
Oh! It is only for a while—just a temporary job to help you get out of a bad economic situation.
If you are in debt, an extra job is the best way to pay off your debts quickly.
Trades in the service sector (serving in a restaurant or delivering pizzas) are the most suitable for this.
Of course, you will increase your working hours, but you will also benefit from the tips which are not negligible.
And if you are lucky enough to have an apartment, why not rent a room for a while?
If you can't take an extra job, don't panic! We will see that there are many other solutions to save without working more.
7. Question every expense
Before each expense, ask yourself if it is really useful.
Do you really need a TV subscription? What about those newspapers to which you subscribed, but which you do not read?
These two positions cost money, and in addition, all the ads that you go to see on TV or in magazines could well encourage you to spend more ...
In any case, it is certain that certain expenses can be eliminated.
If so, maybe you're paying for a service you don't even know about? To find out, use this method:
a. Write down each of your expenses, including the smallest.
b. Find all those that can be permanently deleted now.
vs. Find immediate solutions to save on the ones you can't remove.
8. Compare the cost of your insurance
When was the last time you went into your insurance?
I know it's not funny, but you should do it every year!
Be careful; the cheapest are not always the best.
But be aware that you can often get the same coverage as your current insurance for less - just shop around.
Once a year, take the time to look at your insurance contracts.
Call the brokers, check out the rates online, and see if you can't find better. And you will see that very often we can.
9. Use discount coupons carefully
Regarding reduction coupons, there are two schools.
Those who say the time spent cutting them isn't really worth it in the end.
And the others who say that the savings are still interesting.
Here is my advice: be demanding with discount coupons! Spending hours cutting vouchers isn't really worth it.
But on the other hand, if you need to buy an essential device that is expensive (such as a fridge or an oven), consider looking for coupon codes to pay less.
10. Check your bank statements
Always remember to check your bank statements at the end of each month.
It is not uncommon to have withdrawals from your bank or other institutions that are not justified.
These banks and other charges can easily go unnoticed if you don't carefully check your accounts every month.
In any case, as soon as you see a direct debit that you do not understand, call your bank or the institution in question and ask for an explanation.
Do not hesitate to ask that we reimburse you for these costs on the pretext that it is the first time and that you were not aware.
You must be logged in to post a comment.