A little bit of savings can go a long way and by now, you’re probably familiar with the basics. You’ve probably heard talk about how cutting your soda consumption during the week or coffee on your way to work can save you a few hundred dollars a year or how challenging yourself to bring your lunch to work every day for a week can help you stick a few dollars back in your pocket. The options for saving on everyday expenses are almost endless, once you start looking for them. Here are a few tips for finding more ways to save in your everyday life:
There are some great ways to cut down your shopping bill right away: make a list to avoid impulse purchases, clip coupons, or look at the price-per-unit cost to help you make the most of your cash. The savings don’t stop there:
- Spend on what’s important, save on what’s not. For some, buying specific brands or getting your veggies organic might be a priority. It may be worthwhile to spend on the items that you care about and find ways to save on items that aren’t as important to you. Weighing your options based on priority can be a simple way to keep you on or under budget.
- Consider your eating habits and plan ahead. Don’t buy before taking a good look at the way you actually cook and eat during the course of the week. Try planning your meals ahead of time or challenge yourself to eat at least one more meal at home. You’ll save on spoiled groceries you didn’t end up eating or on ordering take-out because you didn’t have enough groceries to last the week.
- Make technology your friend. Gas prices are often unpredictable. Utilize helpful websites or apps that can help you locate gas stations on your route that might offer lower costs.
- Consider alternate modes of transportation. Lighten your transportation costs by seeking out commuting options in your area; think buses and trains, car rentals or ride-sharing programs. If biking is your cup of tea, you might consider biking to work one or more days a week. It might help you to see just how dedicated you really are.
Saving money doesn’t mean having to sacrificing fun and it doesn’t mean you have to do the math on every spending decision you make. Being mindful of where your money is going and on the impact of a few simple trade-offs can add up in the long run and help you to get creative about finding ways to save on everyday expenses that work with your lifestyle.