MONEY SAVING TIPS
We all know that the food is expensive nowadays and we all mostly want to save a little out of our earnings for Rainy days, keep reading if you want to find out about the 5 money saving tips.
1. Create a budget- creating a budget helps you figure out what you need and what you want. Creating a budget makes you choose the amount you would like to spend on a certain item. Budgeting is a recommended thing to do. start by creating financial goals, how to achieve them and budget.
2. Ask for discounts/rewards/ discount programs
Retail stores have now made it easier for shoppers to buy their most needed items by offering discount programs where you can sign up for a smart shopper card that enables you to receive discount when you make purchases using that card. Asking for dsicount is also another business element that business owners pray you never find out about. ask for discount.
3.cook your own food- we all have different reasons why we would want to save money. Some may save money to buy a new pair of shoes, a new set of accessories, new book, phone and or new laptop. The best bet is to cut down on eating or ordering in and resort to cooking your own food. Cooking your own food can be both healthy and beneficial to you in terms of saving money. if you dont know how to cook, now would be the best time to learn how to cook.
4. Cancel unnecessary subscriptions- we all need entertainment and leisure but in this case of wanting to save money you will have to cancel or cut down on unnecessary subscriptions that might take your money when you don't need. For this point I will not state what subscriptions are suitable and which ones are not. Personally I have cancelled my Netflix subscription for such reasons that I need to save money for an upcoming bloggers event.
5. Create an emergency fund- an emergency fund can come in handy when you least expect it. An emergency fund can be advantageous, when you need money you will not go to a loan shark avoiding bad debt. It keeps you from having financial stress and you always have something to fall back on when you are in dire financial constraints.
Good luck in all your financial endeavours I truly hope that you meet all your financial goals.
(Don't forget to follow click the menu bar and scroll down)
Comments