In these difficult times, it is important for many of us that we use our money wisely. The wiser we use it, the more we get out of life, and the greater peace of mind we achieve. Moolr have taken a look at how we can make our money go further by reducing life’s costs. Here’s some tips on how to reduce monthly expenses.
Set yourself an attainable and realistic goals. Write them down and put them somewhere you’ll see them frequently, such as on the fridge door.
Ever been to the supermarket for specific items but ended up leaving with a trolley load? And then realised you haven’t got what you went in for? To prevent impulse buying, make a habit of shopping with a list and only buy the items on it.
Buy store brand products rather than big name brands (many are just as good if not the same). By making this switch you can slash 20-25 percent off your weekly shopping bill. With more and more supermarkets launching their own line of products, there’s never been an easier time to change. What’s more, many of these items are made in the same factory as the dearer items! There is often no fall in quality.
Every time you go shopping, challenge yourself to save more off your weekly bill. If you buy the same item every week for regular price, try to find it in the sale or something similar for cheaper. Use supermarket offers if these are items you would have purchased at some point anyway. When you’re constantly on the look for a bargain, there no end to the money you could save – for example, the hundreds of restaurant deals out there. Also, if shopping online, check if you can get more savings via cashback sites.
Set aside an hour each week to plan what you’ll make for dinner. Then, consult some meal planners online if necessary, shop for the ingredients, and try out some new recipes. You’ll be less tempted to eat out and feel much better for eating well. Also try and plan so that you do not have food waste. Many ingredients can be frozen for later use.
There is never any harm in asking for a better deal from your service providers. Call up your phone, internet and gas and electric companies and ask them if there are any better deals out there for you. You may be very surprised at what they’re willing to offer to keep you as a customer. For example, if you threaten to leave your TV/bradband provide,r they will almost certainly come back with a better contract than your existing one rather than lose your custom.