It’s amazing how savings can add up by just making a few adjustments to your daily routine. Every little helps and a couple of dollars here and there can add up to make a big difference to your finances.
Here are a few of the easiest ways to save money but don’t worry, they are also relatively painless:
* Brown bag your lunch – you might think that you don’t have time to prepare lunch before you rush out to work in the mornings but all it takes is a little bit of organization and you’ve cracked it. You can prepare enough pasta or rice salad to last a few days and keep it in the fridge. How about making a batch of soup to take on colder days? Yoghurts or fruit are a terrific, quick and easy desert.
* Make a shopping list and stick to it – sticking to it might be the hardest part. Pre-plan your menu, make a list of what you’ll need and stick to it when you hit the grocery store. Browsing around a store trying to decide what you want for dinner is a sure fire way of spending money you don’t need to on things you don’t really want. It’s a good idea to go shopping when you’re in a hurry and never, ever go shopping while you are hungry.
* Consolidate your debts – then pay them off as quickly as possible. If you can consolidate everything to a lower interest rate and pay it off as quickly as possible you can save a substantial amount of cash over the term. Paying interest is a little bit like throwing away money isn’t it? Why should you work hard to make those financial institutions richer?
* Beware ATM machines with fees – many banks charge fees every time you withdraw cash using an ATM machine, particularly if you use the “wrong” ATM machine. Make sure that you only use the machines which don’t incur charges from your particular bank.
* Join the library if you love to read – it’s certainly cheaper than buying endless amounts of books. Libraries are full of books, it’s free to join and free to use so why not make the most of it. You can reserve books online these days at many public libraries which make things even easier.
* Keep your impulses in check – impulse buys are something which many people live to regret. Buying something on impulse is a habit you really need to break. If you see something which you are tempted to buy step back and follow the three day rule – wait for three days and if you still want the item you can always go back and buy it. The chances are that you’ll have forgotten all about it by then and not even remember why you wanted it so badly.
Follow these few simple rules and the savings will soon start to add up. Saving money can actually be quite addictive, it’s not about being mean it’s about being sensible with your cash and saving it for something which you will really appreciate or benefit from.