Saving money: What are the best tips to save money?

kafsoa By kafsoa, 7th Jun 2011 | Follow this author | RSS Feed
Posted in Wikinut>Money>Money Saving Tips

Saving money is the old new topic that every body needs. Some people could stop and think and manage their budget to get better life. All we need is few minutes to think about it. If you think about all the things you spend you money on every day, you might be a little shocked! Am I that careless? In fact, you're not careless but you are spending money on what you really want and what you don't want.

Find the leakage and fix it

Track everything you spend money on everyday. Try to know where exactly your money goes. You might discover that you spend a great deal on coffees and snacks in breaks at restaurants. You can manage that by waking up a bit earlier and make your own coffee which won't cost you less than half what you pay in a coffee shop on your way to your work.
Pack your lunch in a nice lunch box. This will save you around $500 or more a month and I think this worth waking up 30 minutes earlier in the morning.

Write a shopping list

Grocery is of the essential items we need to buy regularly. If we go to the supermarket just to buy, we'll find ourselves finally carrying home what we need and what we're not in need to. To avoid spending money on things which we might not use later or to protect ourselves from the brightness of offers, we can spend few minutes in the kitchen to check exactly what we need for the coming week and don't just use a Recurring List as you might not need all items in it.

Shopping list




As you're making shopping keep crossing out things that you've already bought and don't look at the special offers unless these offers are for things in the list.

Buy in bulk

Things that you always use like tea, coffee, rice, toilet rolls, ...etc. Can be found in lower prices, you can get double the amount or so with the same price. Besides these things stay for months on shelves without changing.

Watch this video to see how much can you save buying in bulk :)

Life style saving

Just change your life style and stop some habits that makes you lose money and gain some new saving habits instead
1- Buying magazines "You can read what you need online and save a pdf if you want to read it more times"
2- Buy low prices brands if there is not a big difference in quality.
3- Save from your wage weekly even if it's a little amount but make it a habit.
4- Avoid having a walk between shops as you can buy things you haven't planned for.
5- Meet your friends after dinner, so you'll pay for just a drink.

Pages in this category

Game review for money saving

Budget and quality at the same time

Money does grow on trees on the plastic jungle

Tags

Best Tips For Saving Money, How To Save Money, Living Better, Shopping, Tips On Saving Money, Writing List For Shopping

Meet the author

author avatar kafsoa
Hello everybody;
I'm a mother for 4 lovely cute kids and a very happy wife. Chemistry is my major, but I give a chance to myself on different fields of knowledge. I like to share what I know.

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Comments

author avatar Steve Kinsman
7th Jun 2011 (#)

Very good tips on saving money. Thank you, kafsoa.

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author avatar kafsoa
7th Jun 2011 (#)

You're welcomed Steve, thanks for visiting me:)

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author avatar Lloyd Waters
7th Jun 2011 (#)

Good article!

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author avatar kafsoa
7th Jun 2011 (#)

Thanks Lloyd.

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author avatar Songbird B
8th Jun 2011 (#)

Really good tips and a well presented page, Kafsoa... Great share my friend.

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author avatar kafsoa
8th Jun 2011 (#)

Tanks my dear friend Songbird. You're really very nice.

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author avatar Delicia Powers
9th Jun 2011 (#)

Great ideas, thanks kafsoa

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author avatar kafsoa
9th Jun 2011 (#)

Thanks Delicia for the visit:)

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author avatar Sahra Smith
15th Jun 2011 (#)

Great tips on saving money. Will wait for more post from you
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author avatar Sahra Smith
15th Jun 2011 (#)

Great tips on saving money. Will wait for more post from you.
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