Saving money can be much simpler than you think. If you are planning to save more money this year, here are some guides and tips for you to follow. You do not have to follow each one of these tips to the letter, instead treat them just as guides to help you to save extra money on your day to day purchases. You will be surprised at the amount of money you can save just by making a few small changes. Here are some of the best tips on saving money.
MAKE YOUR OWN COFFEE
Everyone is regularly buying coffee at restaurants nowadays. It would actually save you more money if you skip your latte or macchiato from your favorite restaurant and make it instead. This tip does not mean that you have to entirely stop drinking coffee or totally remove coffee in your life. Instead, just go to your kitchen and make your own coffee. Many of your favorite coffee houses also sell their unique blends and machines to make coffee in your own home so that you can duplicate their results in your kitchen. This can be more cost effective over a year than purchasing an expensive cup of coffee every day.
HAVE YOUR CHECKLIST WHILE SHOPPING
Keep a mantra as you are shopping. Stop the impulsive buying. Some people are experiencing the hardest time when they are in a mall or a supermarket and they are being tempted to buy something that they really want but do not need. If you shop without a checklist, there are tendencies that you are going to buy some things that you do not actually need. What’s worse is, you might forget the things that you have to buy and become lured in with the things that look more exciting to purchase than necessities. This is how you can start losing money quickly.
Additionally, with a checklist, you will only buy all the things that you need to buy in just one trip to the department store or grocery store, instead of having to go back for forgotten items.
DON’T BUY BOOKS. BORROW.
If you like reading, skip buying the books that you like reading and instead go to the nearest library and locate a book that might be of interest to you. It is always free to go to the library and borrow some books. Why would you buy a book when you can have it for free? If you know someone with a collection of books you can also offer trades or swaps for your own collection so that you can both enjoy reading new books without having to buy them.
BRING YOUR OWN WATER
Drinking water is good for our body, but you do not have to buy bottled water every now and then just to quench your thirst. Instead, bring your own bottled water in your office or whenever you go out. When you bring your own water, you will not only save your money, you will also be saved from thirst when you are working or out shopping.
CONTROL YOUR USE OF ELECTRICITY
When you are not using appliances like your televisions, radios, microwaves, etc. it is best that you completely unplug them, rather than simply just turn them off. An appliance still uses your electricity for some small processes as long as it is plugged in.
AVOID BEING WITH FRIENDS WHO IMPULSE SHOP
If you have friends who regularly impulse shop and invite you to come with them to lavish restaurants and more it is important to remember, you are saving your money for necessities. Hanging with people who have lavish lifestyles may make you spend more than your means.
Remember; these are just mere guides for you to save your money. Just pick one of these tips that suits you best. If you can use these tips to save money, you can help to plan for a healthier retirement as well as have savings in case emergencies may arise.