Ten quick money saving ideas
10. Go shopping less
Shopping as a pastime is where most of us go wrong as it’s just too easy to overspend or to buy things we really don’t need. So go shopping when you need to and leave your cards at home to prevent impulse buying. This will drastically reduce your expenditure and save money.
9. Swap grocery stores
Finding the best and cheapest supermarket for your needs will be a good way to cut back on your costs. Ideally work out your most regularly bought items and compare the prices between stores. Then choose whichever is cheapest for you on a regular basis.
8. Audit your home energy consumption
Going around your home and switching things off, lowering your boiler temperature, thermostats etc will save you hundreds of dollars a year without question. Give your home a full audit and check everything including insulation etc.
7. Get paid to
Get paid to sites are all over the internet and are a good way to save some cash – and even make some here and there. You can get paid to shop, fill out surveys and a variety of other online activities. The best sites for this are dailyclickr.com and cash crate with which you can make a fairly good income.
6. Clip coupons
Clipping coupons is time consuming but will let you save some serious money over the course of a year or even a month. Clip coupons from everything and plan your shopping and meals around what is on the best offers. You can bring your grocery bills down drastically with this tip so there is no excuse.
5. Pay cash
If you pay cash, especially in smaller businesses you can usually negotiate a substantial discount on almost everything. If you are a regular in a shop or making a large purchase ask for a discount for cash. Because of credit processing fees you can usually get a much cheaper price.
Waiting is a great way to prevent impulse purchases and to make sure you really want something before you buy it. With big purchases make sure that you wait at least 3 weeks before buying. But in normal shops wait a few minutes or leave and come back to make sure you absolutely want or need it.
3. Shop around
Shopping around is a good way to firstly follow tip number 4 and secondly to find the cheapest possible price around. If you search the internet for every product you might buy then you can normally find it 10% or less cheaper in another location than the one you initially found it in.
Re-negotiation is the key to getting a better deal. If you already have a contract ask for a better deal or threaten to take your business elsewhere. You’d be amazed at what special offers, discounts and freebies will miraculously appear when you inquire in this way. Keep your manner friendly but be unswayable when it comes to switching your existing deals. If you don’t get a much better deal go elsewhere.
Budgeting really is the best way to save money in the long run. Keeping track of all your expenditures will let you analyse which of your expenditures are necessary and which unnecessary. Start a detailed budget and note down every single expense you make. Work out whether your bills can be made cheaper through another company and work out what you are wasting money on. Then cut and change these things to save money.