Tips for Saving Money
7 Money Saving Tips to Help You Take Control of Your Finances!
7 Money Saving Tips:
Tip #1: Pay Yourself First After Each Paycheck
After you’ve designated a certain amount of money towards your bills, pay just one more ‘bill’ that’s got your name on it. The amount you save each month can be put into a separate account - one that you won’t be touching for some time - and doing this for a few months will easily get you into a good money habit.
Tip #2: Don’t Buy Beauty Products at the Grocery Store
Avoid shopping for specialty items at the grocery store out of convenience. Watch the prices on things you need to buy on a regular basis and stock up from the cheapest store you can find; in most cases, beauty and health items at the grocery store are marked up a few dollars per item than the drugstore or even the cosmetic counter.
Tip #3: Shop the Post-Season Sales
Tip #5: Cook and Prepare Food at Home
Tip #6: Become Coupon-Savvy
You don’t have to use coupons for every item you purchase, but do stay on the lookout for coupons on new products. Rebates, special discounts, and coupons at the store are great ways to save on random purchases.
Tip #7: Determine If You Really Need It
Prioritizing your expenses is the first step towards financial success, and deciding if you really want or need an item can make saving a cinch. Make a list if you have to, and map out what’s on the wish list and what needs to be purchased right now. Put a price on each item and see if you can squeeze in the purchase accordingly; the extra steps will pay off in many ways!
You don’t have to let finances control your life when you have a plan and budget. Saving money is actually a skill and a habit, and you can start it anytime. Take control of your finances with a simple savings plan, and start looking forward to an abundant and secure financial future with any of these money saving tips!
Article Written By: Sabah Karimi; Sabah writes on lifestyle, fashion and beauty for DivaVillage. While Sabah enjoys her weekly shopping run to the beauty counter, she’s been known to spend time coupon clipping and balancing her checkbook in order to make her shopping sprees actually happen.