How to Save on living costs? The skill of saving money, saving and not being extravagant can make a big difference in our lives. Sometimes following simple and straightforward tips can help prevent a lot of damage. In this article, we will tell you ways to save money in simple language so that you can apply it in your daily life and see the result.
1. Save energy
For example, to save electricity, you can use simple ways such as unplugging electrical appliances that you do not use, replacing energy-saving light bulbs with energy-saving light bulbs, insulating your home, and so on. You can also reduce costs by reducing gas consumption in winter by double glazing windows, wearing more clothes, covering air conditioner ducts, and so on.
2. Do not buy without a plan
If you go to the market or store without any specific shopping list and schedule, expect glamorous but useless expenses that will tempt you. Before going to the market, make a list of the purchases you need and try not to be tempted!
3. Buy the necessities of life in bulk
Bulk purchases of cereals, rice, paper napkins, etc. often save on living costs. Because it does not include the increase in the price of goods in the future, and the bulk purchase has a greater discount.
4. Use low-cost facilities and centers
Public transportation such as subways and buses, less expensive local sports centers, libraries and… will meet your daily needs and prevent waste of money.
5. Take care of your health!
Behaviors that endanger your health are costly! Overeating, eating fast foods and unhealthy foods, sedentary lifestyle, smoking and drinking, underestimating in winter and in various forms will cost you. Both during these unhealthy behaviors and the treatment costs they will incur in the future. So take care of your health.
6. Use the last auctions of each season
At the end of the season, older clothes are usually auctioned or discounted for the new season. Shopping these days will be the smartest purchase for you because next year your needs will be met at the same time without the excitement of new purchases.
7. Choose a low-cost car for yourself
Buy a car that is safe and inexpensive. If you are planning to buy a car, make sure your purchase is worthwhile. Look to the long term. Many cars will cost you a lot in the future. Timely car repair and maintenance also prevent further costs in the future.
8. Avoid buying low quality goods
The cheapness of some items may tempt you to buy them, and you think you are saving! But the string of delusion is much greater than the loss of poor quality goods. When you buy a good quality shoe that stays healthy for a long time and does not bother your foot, even if you pay more for it, it is much cheaper than a cheap shoe that hurts your foot and breaks down quickly and soon. The cost of buying another pair of shoes will fall on your shoulders.
9. Invest in your savings
Instead of investing your savings in a place where there is very little interest and no profit, it is better to research the interest rates of different banks and save your money in a bank with a higher interest rate and the conditions for investing. It’s much better, invest.
10. Budget
Have your own income and expense account. Keep track of what you spend each month on a monthly income plan, fixed expenses, and small expenses. It also helps you to notice and avoid extra expenses over time.
