8 Save Money Tips That Will Make You a Happy Person

Saving money is not just about frugal living, as many are tempted to think. It’s about being smart, too. After all, it makes no sense to torture yourself with restraints just for the sake of having some more money in the future. It is also about having the discernment to make the right choices.

save money tips

We have some save money tips for you and we promise that, if you apply these, you won’t be suffering. On the contrary, you could start living a better, perhaps healthier life, with a new and more satisfying outlook. Here’s what you should be doing to save money with as little trouble as possible.

  1. Shopping around

Take a few minutes to go online and look for the better offer, regardless of what you’re planning to buy. Shop around for a better TV cable, phone and broadband bundle deal, for home and car insurance, for your favorite brand of cosmetic products or home repair contractor. There is significant competition in all fields and you are sure to find companies or stores with better prices than others. If recurring expenses are concerned, you will then come back to the cheaper vendor.

  1. Have fun at home

how to save moneyAre you a fan of movies? Instead of going to the cinema every weekend, better gather a few friends and watch a movie at home. Inspire everyone to bring something to eat or drink. It will be cheaper than a trip to the city cinema. Do you and your close ones like to have a meal at a restaurant every now and then? Replace it with a home cooked meal, it’s fun and bonding.

  1. Understand what you do out of pride

Many expenses are out of pride or simply demonstrative. They’re like saying, “I can afford this, I am high on the social ladder!” In truth this is usually only a sign of conceit. You don’t need a piece of clothing with e certain label on it if you can find cheaper alternatives of the same quality. You don’t need to impress anyone by buying yourself three expensive cocktails whenever you go to the pub. These are all useless things we employ to create the illusion of status.

  1. Replace the car with a bike

Whether you are used to driving or taxing a taxi, consider replacing this with bike rides. It will help you save a lot (and also tone up your muscles) during the warm months.

  1. Think green

Going ‘green’ does not only mean caring about the environment. It is healthy for yourself, as well as economical. There are so many ways to accomplish this: limit the electricity and fuel consumption, use less paper, wrap, foil etc., less detergent, make your own soap, cream, lotion, hair oil, tinctures and so on. It’s more convenient to buy the things you need from the store, but it’s much cheaper (and rewarding, too) to look for nature’s alternative.

  1. Cater to your real needs – Start a journal

saving moneyWe spend too much on what we perceive as a need, but in fact it is only a caprice. Make a journal with all your expenses, day by day. After a few weeks, ponder over each item on the list. Did you really need it or was it the impulse of a moment? Was it truly for yourself or to impress someone? Did you buy something just because everyone had it? Make it a point to avoid buying such items or services in future. Journals like these will help you realize how much money you’re giving away for things you don’t really need.

  1. Research cheap meal recipes

It’s amazing how much money can go on food that goes into various recipes, such as an expensive sauce, oils, side dishes etc. If you research cheap meal recipes though, you discover endless ways to prepare delicious meals with fewer and cheaper ingredients: pasta, casseroles, rice dishes etc. You can enjoy nourishing and tasty meals for a lot less.

  1. Learn to say no

It’s great to have friends who take you to different places, but sometimes their budget may not match yours. They could be taking you to expensive venues and make you order some of the more sophisticated items on the menu. You spend the money either out of shame or because you just happen to go with the flow. Next time a friend wants you to join them in an expensive location, you can politely refuse or suggest a different place. It’s in your power to control these things. Your expenses don’t have to match the ones of your rich friends or relatives.

You don’t have to limit the fun you have or make a radical change of lifestyle. These tips should empower you and inspire you to see more choices out there. There are great, cheaper alternatives to almost anything you are used to.

Here is our best guide on how to save money

How to Save More Money: Tips for Small Budgets

Few things in the world are as frustrating and draining as trying to save money when you’re already on a tight budget. The following will help you go through this with ease, giving you a better understanding of smart expenses and healthy habits that lead to savings and teach you how to save more money.

how to save more money

Tips on Saving More Money in Your Daily Life

Use a Budget Spreadsheet

This is something that anyone should do, from the poorest people to the billionaires. In fact, the rich and successful ones always do this. Choose one of the templates available online for free, made to use in Excel or another similar program. Use these to plan your monthly budget and keep track of all your expenses. It will make you aware of aspects you normally ignore or simply miss. This can be the tool to save your finances.

save money tipsWho do you go shopping with?

Forget about snacks in the city. Ever realized how much others make you spend? If you take your children with you when shopping, they may beg for sweets or anything nice they see. Are you able to say no every time? Also, when friends join you, no matter how pleasant their company is, you could end up spending way too much money. They get hungry or thirsty so you have to join them at the bistro or coffee shop. They purchase an expensive brand and you feel compelled to do the same. Stop this. Go shopping alone and you will spend your money with discernment, only on the things you truly need.

You can eat well at home or bring a snack with you – a chocolate, cereal bar or anything suitable you find at the supermarket, where the price tags are also more manageable. If you rely on the supply of certain venues, on snacks from coffee shops and other such location in your way, you will be paying much more for the same treat. It may not feel like it’s too much, but if it’s almost a habit or occurs several times per week then it’s adding up.

Shop around for new service bundles

You may be pleased with the current broadband or phone service, but the market is so competitive that companies always issue new and better prices bundles. You may find a suitable package if you shop around. You can get all the services you need from the same company and pay a lot less than with separate ones.

Insurance policies you can live without

Some of us are getting too many insurances. Keep your life anxiety in check and insure only what is truly at risk, like your house and vehicle. Many of the policies advertized nowadays are simply speculating people’s fears or convince them using false statistics and scary news. You may not need a home warranty, a pet insurance or even a travel insurance.

Handle the bills better

It’s hard to pay on time when you hardly have the money, but do your best to honor those bills by the deadline. If you don’t, they will incur additional costs and that is something to avoid. Also, your credit score will suffer. Paying those extra fees will only get you into more debt eventually. It could be several hundreds extra per year.

Get a cheaper cell phone plan

How many of those minutes do you actually use to make phone calls? Are 2000 minutes in the same network truly necessary? Are you really using up all those international text messages? Perhaps you could use a cheaper plan with fewer minutes in it. Also, you may not need a high data allowance if you encounter WiFi hotspots frequently.

Avoid those costly software licenses

Unless you are required to use only specific programs, you can replace pretty much any of those with a free alternative. For example, have the OpenOffice suite instead of Microsoft’s entire Office package. It is all legal and clean and you don’t have to spend anything on it.

The 24-hour rule

Did you spot an item that’s a bit expensive but you totally feel like buying it? Wait for 24 hours – at least! It could easily be an impulse purchase, which can be very damaging to your budget and take away from your goal of how to save more money.

Also, it may prove to be a lot less satisfying than you expected. Wait for a day or two to see how you feel about it. It’s also smart to do some research and read reviews or have another look at the product. This technique has saved countless people from wasting money on things that only caught their eye for a brief moment.

Being on a small budget doesn’t have to intimidate you. As long as you can pull yourself out of the consumerist trends, all your expenses make sense and you stop wasting money. In most situations, there is something you can do better. Hopefully, this guide has shed some light on certain matters and given you some ideas on how to save more money.

Here is our top guide on how to save money