Tips to Reduce Your Expenditure & Save Money

Saturday, June 18, 2016, 6:00 AM | 1 Comment

Not only by working hard, but there are also some other ways that can help you manage your income and savings to avoid some of the money leaks that you’re having.

You would want to keep as much money as you can for the things you need and want.

Do not spend it lightly.

  • Why Not Second Hand?

    This is a great question, and I don’t seem to get an answer. Why not? You can find perfectly preserved things there, and you will pay way less than buying something new that is pretty much in the same condition.

    You should consider purchasing everything you can and need in Second-Hand shops because by doing so you will save a lot of money.

  • Saving More Money on Big Things

    This is one thing where everyone tends to make a mistake. You see, saving on small thing is also important, but you will not feel the difference compared to when you try on saving some money when you’re buying a car for example. It is not the same if you pay 20,000$ for a car, or you find a better deal for the same car, and you pay 16,000$.

  • Shop Once A Week

    If you want to save some money, you will have to look for those super weekly discounts at the local supermarkets.

    There are always some incredible discounts where you can buy everything you need for an immensely lower price. This way, you will get everything you need for just one time going to the store, and also save a lot of money when you look at the total amount you spent.

  • Review Your Direct Debits

    A great way for you to save more money is to know in every moment what is happening with your Direct Debit. You need to have an insight because we all tend to make that mistake and enlarge the money leakage we experience every month. It is simple; you can manage it via the Internet or just simply call the bank and cancel anything you don’t want.

  • Area you live in is Very Important

    You must be aware of your surrounding at all time. If you live in a small town and even a suburb, you will need a lot of time and gas to get to one of those supermarkets that have amazing discounts on the item you need.

    Not only that you will spend more on those items, but also will have to pay for more gas if you’re further away from them.

  • Pay off your high-interest loans with logbook loans

    Logbook loans are something that can help you with you loan problems. It is a finance secured against your car value without being judged on your credit history.

    Even after you borrow a loan against car, you can still drive it as normal & pay installments weekly or monthly as preferred.

To Conclude

It is hard because our community is constructed that way and it asks you to spend more and more every second of your life. You must resist this urge and think more clearly than that.

After all, money isn’t everything in this world; some things are more valuable than that little piece of paper right?

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  1. One Response to “Tips to Reduce Your Expenditure & Save Money”

  2. By Millennial Moola on Jun 20, 2016, 12:31 pm | Reply

    I’m on board with Ramit Sethi’s advice of saving on big ticket items. Starbucks savings doesnt help if your rent is 2 grand a month
    Millennial Moola recently posted…Most Public Pension Investment Assumptions Are ImpossibleMy Profile

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