Simple ways to save money and get yourself financially fit!
Wanting to save money but struggling to meet your budget? Here are some tips on how to save money!
There are many easy ways to save money and quite often it can be as easy as changing afew habits and becoming more organised.
Saving money can be hard that’s why budgeting can be easier with a like-minded friend so find someone who is also struggling to save and do it together whether it’s your partner or a friend. Make it competitive if you want and see who can save the most!
Write a budget and track your expenses using a budget planner this way you can see where your money is going and where you can save!
Although it can make you feel better at the time retail therapy is a bad idea when you are trying to save.
Find a healthy alternative to shopping your blues away like going for a walk or visiting a friend, your bank balance will thank you!
“Come on everyone’s going!”
It can be very hard to stick to your guns when your feeling pressured into something when you are trying to save. You could always stay home and watch the footy!
If your really feeling under pressure to attend something offer to be the designated driver, this way you won’t be spending on drinks and you can get home of your own accord without paying for a cab.
Write a weekly meal plan.
There are plenty of Apps you can get these days that help you plan your meals for the week and then put all the ingredients into a shopping list for you.
This will save you time and money because you won’t be buying things you don’t need and your weekly meals will be organised.
This will help you avoid impulse buying and save you time as it will be delivered to your door! No more shopping with the kids! Now wouldn’t that alone change your week. You’ll also be reducing plastic bag waste.
Always make sure you eat before heading to the grocery store, it will help you avoid making those impulse purchases because you are thinking with an irrational hungry brain.
You are more likely to make rational and sensible decisions on a full stomach.
Make double portions for dinner and freeze the remainder for those nights where you don’t feel like cooking. This will help you avoid buying takeaway on the way home because you know you have meals prepared in the freezer.
Paying your bills on time will help you save money because it will help you avoid late fees and it will also allow you to take advantage of discounts offered for paying early or ontime.
Using layby at stores can save money on interest on your credit card!
Many stores will offer 8 – 10 week layby’s where you won’t be charged any interest and you can pay off your purchase over the layby period.
Therefore helping you save money on interest that you would have had to pay on your credit card.
Shopping online can help save money!
Many online stores don’t have the overheads of the local shopping centre so they are able to offer you amazing deals on your items that local retailers can’t match.
The only downside is that you have to wait for your item to be posted, however if you plan ahead and have your item arrive before you need it you won’t have a problem!
There are lots of ways to save money around the house, learning how to do things yourself can be a very valuable trait.
Being able to fix small problems like painting and clearing gutters, fixing fences can save money.
You will find a lot of handyman workshops at your local Bunnings store and there are endless online tutorials for almost anything these days, as long as you are willing to learn you can save money here or there!
In conclusion there are plenty of ways to save money it just takes a little bit of planning and time, but can give you great savings and rewards in the end.
Young entrepreneur Daniel Wessels is the CEO and Founder of Jacaranda Finance. Although only in his early thirties, Wessels’ determination and adaptability has led him to successfully pioneer a range of other enterprises both here and abroad.Read More
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