10 Ways to Save Money

in #savemoney5 years ago



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Saving money is an ART. Not everyone is having this art. Still, I would like to mention some major things which you may avoid in daily life but that things could save you a lot.

Here you go,

10. Focus on Earning Money

Before spending money, you need to focus on earning money. I have seen so many people in my life who focused more on spending than earning. How would you feel if you are short of money at a certain point? Even I am like this who want to spend all of the money by stop focusing on earning at that time.

Always give priority to earn more money rather than focusing on how to and where to spend. This way could be disaster for you later on the day as money is not growing in trees. You have to earn by sweating.


9. Avoid Using Restaurant



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Restaurants can never be profitable and pocket-friendly. A wise person never prefers to give part to his friends in the restaurant, instead, he will ask her wife or sister to prepare homemade food. The homemade food is always budget-friendly and hygienic than restaurants who are having unhygienic food at higher rates.

The best healthy and pure meal can only be available in your home kitchen at a budget rate. Bring your friends to your home and serve healthy Hygenic food better than a restaurant. Use your mind and save your money this way.


8. Learn to Bargain

Not everyone is having a bargain skill. Only brave and clever people can do this who already knew the ways to bargain with those lier shopkeepers. I believe, not every shopkeeper is speaking truth wrt to rates so you have to bargain so you can only spend the deserving amount on their items.

I feel so shy while bargaining this is why I never make this happen in my life that's why I always prefer to go with my aunt who is expert in bargaining. Believe me, you could save a lot of money if you learn this skill. Pay only what that item deserves the most.


7. Buy Used Products

There are many online and offline shops where you can buy used products including electronics and furniture. If you are a creative person then you must have to buy such used products to give a new touch. Don't buy used CLOTHES.

I have seen so many YouTube channels who are based on such creativity on used products. Trust me, if you are a creative one then you may renew the oldest Car. very easily. Try to save money this way so you can end up a lot of saving even after fulfilling your all needs. OLX is the most famous site where you can buy used stuff at cheap rates.


6. Reduce the Driving Habit

Most of us are lazy who don't even go by foot to the nearest store. This is also the reason that people in the city are fleshy because they don't bother to walk. Well, if you continue the driving habit then you may cost a lot of bucks every week in this inflation era. Petrol prices are high in every country, still, we don't bother to pay heed to this matter and dave money.

Your hard-earned money could save a lot if you reduce this habit. You badly need to pay attention that driving habit is good for you from every aspect or harm at certain points.


5. Don't Purchase Additional Goods

I have a bad habit that I always ended up buying additional goods which is not in my use even. Still, I only buy because they attracted me while I should look at my pocket first. I could able to save a lot of money if I used to avoid this habit whenever I go to the market. Reduce this habit and think long term that you could save a lot of money instead of spending money on useless stuff.


4. Do Shopping Online

Offline rates are higher than online because online rates are fixed according to the item. In other words, you must be having some points and coupon codes to purchase items at some off-prices if you used to buy things online. This way we could save our time, energy, and money. So pay heed to this matter strongly.


3. Open a Deposit Account

Almost everyone is having a saving account but you need to open a deposit account if you don't have already. This could earn you a lot of money as per your fixed deposit money. Although, we Muslims don't pay interest and don't take interest in money. But many other religions people can do this thing.

Depending on your fixed amount, you can earn some percentage every month or year. You are earning only profit without investing a penny. Your money is all saved safely so don't need to worry. Go and open a deposit account. A salary taker person can easily do this.


2. Use Piggy Bank



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You do shopping every day including grocery there must be left some change remaining which you have to throw in the piggy bank. Though this thing is for the kids, the elders don't want to feel shape if they are saving some bucks for later use. In my childhood, I was used to holding my pocket money in the piggy bank and I only broke that bank when I needed money to buy useful stuff for my school.

This way we saved a lot of money which can be used in a deserving place instead of wasting money on trivial things for no reason. trust me, this could save you enough money which can be worked for the bad time.

1. Create a Balance Sheet



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Lemme quote a wisdom quote so you can understand clearly.

If you can't measure it. You can't manage it. ~ Peter Drucker

Peter is so right which lies in your life deeply. You have to measure it first before managing it. I have seen so many people who earned a lot per month but they don't have an idea of how to manage it so they can save some bucks for the bad time. You have to create a balance sheet where you can write about the overall spending amount in a month or a week.

Try to note down each and everything which you need to spend a month then write an exact amount in front of the item you wanna buy. This way you will track at the end of every month that how much you have spent.


With this piece of article, I am going to leave. Try to save your money for bad time. Take care of your family and spend quality time with them.


Wish you the best of luck and success ahead....!!



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