By Dr. Kavita
Saving money is one of the topmost priorities for the majority of the population. Well, why should not people save money? After all, saving is a good habit. But there is a general impression that saving money entails sacrificing certain things. And not everyone who wants to save money actually wants to do so at the cost of living life by cutting the edges.
Folks, who are accustomed to living life large, dislike the mention of foregoing their comforts and luxuries, all in the name of saving some money. But today’s post will try to find out practical ways to save money without having to forego any of the comforts and luxuries.
Start with the basics
As always, we start with the basics and the basics of human life is intricately connected to food. Saving on food will make a considerable difference to our monthly budgets, because it often forms the major source of expenditure for most of us.
If you are out of your house for lunch every day (owing to your work or college), buying food from your favorite fast food joint or nearest deli is the commonest solution. Eating outside can not only ruin your health but also causes a huge dent in your monthly budget.
But nobody is asking you to give up lunch or tasty food either. Just carry your own home made lunch to work/school. Homemade food can be modified to suit both your taste buds and budget and contribute towards your health as well.
Make the most of discount coupons
You can get online discount and deal coupons for almost everything nowadays. Make sure that you collect your coupons and use them to save money on all your purchases. But a word of caution is needed here.
Some folks just do not know to draw a line between a true discount and a wasteful hoarding. Just because there is a coupon available for something, does not mean that you should buy it. Use your coupons only for stuff you truly need.
Buy in bulk
There are certain items that you need a lot throughout the month and with regular frequency every month. Buy such stuff at bulk sales to get the best savings. Just like the discount coupons it is easy to misuse this money saving tip. Buy only that stuff that will not be wasted if bought in bulk. A good rule of thumb is to avoid buying perishable items in bulk, no matter how frequently you think you will use it.
Look out for expiration dates because bulk deals are commonly given as a part of stock clearance discounts. You would be wasting money instead of saving any, if you found that the expiry date is before the anticipated use of the product.
You do not always have to sacrifice your comforts to save money; it only takes some intelligent planning.
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