Comments Off on Top 5 Easy Ways to Save Some Money Every Day
Before you begin reading, you must know this: Frugality is not the key to experiencing a better life or becoming richer. Sure, it did work for a few inspirational people, but are you sure that it will work for you? Admit that those people are special. Frugality can equate to pain. And sure, pain helps you grow. But too much of something is always bad.
Nevertheless, here are some easy ways that you can do to save some money, even if in small amounts, every day, without having to deprive yourself of ALL of life’s pleasures.
1. Get or create a savings box or a piggy bank
At the end of each day, put all the coins that you have in it. It will not be that hard. After all, who carries pennies anyway? It is up to you whether you will up your ante whenever you make a “deposit” in your piggy bank. And do not worry about suddenly using the money in it. You own that money. You saved every penny that you have. And surely, there will be a good reason you will resort to breaking your piggy bank in the future.
2. Be a smart shopper
You do not need to be picky about the brands you buy. You do not need to sacrifice the quality of products you get every day just to save a few dollars. All you need to do is buy in large quantities. Buying more is buying with less cost.
3. Make your expenses worth it
If you plan to get a cup of coffee from a shop nearby, grab a friend. You do not need to pay for him or let him pay for you. Just enjoy the time you will spend with the friend or special someone. You spent more with the coffee, but you will get more from drinking it with company.
4. Stop thinking about saving money
It will only stress you out. You might save some money today by forcing yourself to not spend. But you will go back to spending again once your mind cannot take that thought anymore. And usually, those so-called frugal people who relapse from their normal spending ways tend to splurge, and that is a bad thing. Relax and just have a proper money management mindset. Always underestimate the money that you have and will earn, and overestimate the expenses and prices of the things you buy. You will be in for a shock once you check your balance at the end of the month.
5. Just avoid debt accumulation
Avoid using your credit card. If you need money, then go to an ATM. Of course, this should not be set in stone. Credit cards are not that evil. The convenience it brings can save you time, stress, and money. For example, would you rather go to an ATM 2 miles away from you just to shop? The gas you will need to use to get there will be just wasted. Use your plastic if you really need to buy something. But for everything else, use the money you have in your pocket.
Comments Off on Top 5 Ways To Save At The Grocery Store
Shopping for groceries is a must for any household. When such times arise, there is also a need to review your budget and how much you’re allotting for your groceries. Buying groceries shouldn’t cut a great deal from your regular budget. There are certain ways to save when you’re shopping, and these tips could help you take home a portion of your budget.
Scan weekly advertisements in newspapers. Though they don’t have coupons for discounts, these print advertisements usually tell you which supermarkets will be holding a great sale. You can actually save up to 50 percent if you quickly head to grocery stores with such discounts. It would also help if you shop at night or nearly closing time. There are supermarkets that sell their products at great discounts during these periods. This is especially true for produce and bread, which are perishable goods.
Buy generic brands instead of name brands. Some supermarkets sell their own brands and these are cheaper than name brands. According to experts, you could save up to 25 percent just by buying store brands. You get the same product for the same size and quality, plus you keep a few pennies for yourself.
Use cash instead of your debit or credit card. You know how easy it is to spend using your card. You will also have to pay the interest in doing so. One trick is to plan ahead and determine how much you’d be paying for your groceries. Purchase them using cash so that it is easy for you to discard items which may seem unimportant and out of the budget. Paying by cash also keeps you from overspending. Stick to your list and avoid aisles that contain your “favorite items.” These favorite items may be items of luxury, and thus are not needed at the moment. If you are easily distracted by new products, avoid them, too, unless you can save more by buying them instead.
Use simple ingredients for your recipes. Unless you want each meal to be a model of the one served in a fine dining restaurant, keep your ingredients simple so you could buy them at a cheaper cost. You don’t have to buy wine for your steak if spices and other condiments would do. There is nothing wrong with buying these stuff for preparing delectable meals, but if you’re on a tight budget, you could save those meals for special occasions instead.
Take advantage of store coupons. Some stores stock up on coupons which you could use to buy your grocery items at a more budget-friendly price. Some coupons would award you with 25 to 50% off the original cost. If you have enough shopping coupons, you could save as much as half of the original budget you allotted. Another tip is to wait until an item is on sale and then buy it using the manufacturer’s coupon. However, some supermarkets may be strict about this. But if you’re lucky, you could try pairing items with a few coupons. Take note, though, that you may use only one coupon per product.
Comments Off on Top Five Extreme Couponing Tips
Stacking up on coupons is one of the ways to save when you are buying or shopping for groceries.
While coupons entail a lot of cutting (which means it’s a lot or work!), you can save a great deal if you have enough coupons to take with you as you shop.
Imagine saving up to 50 percent of your allotted budget for an item.
For newbies, here are top five extreme tips on using shopping coupons to get your started:
1. Spend your weekends cutting out coupons
This activity is not for the lazy. If you’re bent on saving a lot during your next trip to the supermarket, make time for cutting out coupons. One newspaper is not enough to search for coupons. Ask your colleagues, family, and friends for other issues of dailies and magazines and start your hunt for these coupons. You would find a lot in Sunday newspapers and you could even get unused copies. More copies would mean you could get more coupons. There are also online resources and raffle draws for promo codes.
2. Identify what kind of couponer you are: casual, skilled, or extreme.
If you’re an extreme couponer, you are ready to get hold of coupons and not just pair them with discounted items, but also to stockpile them. The extreme couponer keeps two kinds of coupons: the manufacturer’s coupons and the store coupons. If you want to save a lot on your next purchase, get as many coupons as you can and bring them with you during your next visit to the supermarket.
3. Use a spreadsheet for your coupons
This really does sound extreme, but nothing beats organizational skills in identifying the purpose of the coupon, when it’s going to be used, any terms and/or conditions, in which supermarket or product it is applicable, and other details relevant to the use of the coupon. This is a great practice for beginners, especially of you want to be careful with the spending of your coupons. It will also help you recall when the coupons would be expiring. Using a spreadsheet will help you save time.
4. Plan your purpose when shopping
To ensure that you won’t overspend your coupons on items that you don’t really need, have a clear purpose of what you want to buy. Stay away from marketing ploys and stick to your budget list. Get inside the supermarket, get the deals using your coupons, and get out of the establishment — FAST.
5. Identify your price points
These price points are the maximum price, which means it is the highest price that an item costs; the average price, which is normal price point for an item; the stock-up price, which is also known as the rock-bottom price; and the deal price, which means that the item is on sale. If you know your price points, you can easily organize your coupons and you would know which coupon to use for a certain price point. It’s called strategic shopping and being a wise consumer!
Comments Off on Products with High Markup Prices and How to Avoid Them
The market is teeming with skyrocketing prices of products. Unfortunately, these are products that you need every day, and are therefore indispensable. On the other hand, there are some tried and tested tips to save up on the expenses.
- Buy refilled ink instead of the usual cartridge printer ink. The latter is so expensive, not to mention impractical especially if you use the ink every day for document purposes. What makes it more impractical to use is that you’d have to buy cartridge after cartridge of ink once one gets used up. To save up, buy refilled cartridges instead. They are a lot cheaper though the quality is good.
- Forget your bottled water. The manufacturing adds to the cost, and you are not helping the environment if you keep buying bottles of water daily. An alternative is to keep a tumbler with you and have it refilled in the office. You save a lot of money and you make Mother Nature happy, too.
- Purchase your own coffee beans pack and brew it in the office instead of ordering a Starbucks latter, which is overpriced.
- Make your own perfume. A signature scent or perfume costs dollars and may not be practical especially if you want to wear that scent every day. However, through chemical tests and learning how to concoct perfumes from raw oils, you can learn how to create that signature scent and even create one close to those luxurious perfumes endorsed and used by celebrities.
- Get generic names for drugs and medicine instead of the branded ones that are found to be thrice the cost of their generic counterparts. A caveat, though: find or buy ones from trusted and reputable pharmacies and as much as possible, buy those that were recommended or prescribed by the doctor.
- Subscribe to an unlimited text messaging service, instead of paying for individual texts. Some network service providers have promos like this, which is really meant to take off half the burden from their loyal consumers.
- College textbooks and other instructional materials cost $1000 if they are to be bought altogether. Some students are self-supporting and may find this setup heavy on the budget, especially for those references that they would use only once. The trick is to rent books or buy marked down ones. You can purchase the latter from thrift stores. These pre-loved books are often in good condition and are sold at a much cheaper price.
- Who needs designer clothes when you can shop at thrift stores instead? You do get designer labels, but since these are hand-me-down articles, their prices have been cut off. Just be careful and check any signs of damage.
- Produce can be costly if they are bought at your regular supermarket. To save up on vegetables and fruits, you can buy cheaper ones at your local market. The difference won’t be too big, but when you add all the prices, you will be able to set aside an amount for your next shopping.