How can you spend money wisely ? (check out my blog to know how you can spend your money and food stuffs wisely)

in #community6 years ago (edited)

Frugal living does not have to be a life devoid of fun. In fact, you might be surprised how easy it is to trim your expenses with a little patience, time and planning. The more you can get out of every pounds you spend, the more money you will have to save for potential emergencies, a college education for your children, vacations to exotic locations, or whatever big ticket item your heart desires.

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For example if you had to guess, what percentage of the groceries you buy end up uneaten and tossed in the trash To avoid grocery waste, change your thinking about shopping. Instead of making a list of items to purchase without thought process, plan ahead by writing down a weekly schedule of the specific meals you are going to cook before you go to the store. If it isn’t needed in the ingredients you need, it doesn’t go in your cart. Make note of how much food gets tossed in the trash and cut the amount you purchase accordingly. If you like to save time and money, check out this essential resource on once a month cooking.

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When you are going to shopping mall with money in hand and no idea whatsoever of what you’re there to buy exactly? Good, let the last time it happened be the last time ever. Make a preliminary trip to whatever store you’re buying from before you go on your real shopping trip. While you are on this trip, note the prices of several alternatives at more stores than one. Return home without buying anything and decide what products to buy on your second, real trip. The more attentive you are about what exactly you want to buy, the less you’ll end up spending. If you’re stirred towards treating each purchase as a vital decision, you will make better decisions.

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Making intelligent spending decisions goes hand in hand with saving. Try all your possible best to budget a particular amount towards a savings account or any other reliable, interest accumulating investment. It’s no magic that the more you save each month, the better your overall financial health will be which is pretty much the essence of spending money wisely anyways.

Spending money wisely is one of the most important thing a man should always do

Thanks regard @tegasweet

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