Simple Ways To Save Money

Money doesn’t grow on trees, and it’s good to cut corners so that you can save more of what you earn. This article provides a list of 33 simple ways to save money in your day-to-day life, from grocery shopping for seasonal items to drying your own clothes.

1. Shop in bulk

If a unit of a good costs less per unit, but you don’t need to buy anywhere near the amount that you need, then you might as well buy it in bulk. It’s not always the case, but it can happen. For example, if you want to buy 5 bags of potatoes and one cost $3.50 each and another cost $1.70 each, then it makes sense to buy five at a higher price because they are cheaper per pound than buying one at the lower price per pound.

2. Use coupons

Coupons are another strategy for saving money. They are not a guarantee of saving any money, but they could save you a good amount if you buy the items on your list that usually have coupons. Usually, these coupons can save as much as 50% off of what the item costs. For example, suppose you bought a 12-pack of soda for $10, and it would cost $22 to refill your six-pack (even though it only costs $10 to buy in the first place). If you have a coupon for a free six-pack, then you only have to pay $11.50 ($10 plus the price of the free six-pack). This is half the cost of buying 12 individual six-packs, and a good deal even if it is just an extra $1 or so per six-pack.

3. Eat at home

Eating out is usually more expensive than eating at home. If you have leftovers and you want to save them, then it makes sense to eat them later but not right away. It’s important to mention that fast food is the most expensive type of food, so if you have the choice between McDonald’s and Subway, then it might be better for your finances to choose Subway.

You may also like...