There are hundreds of modern ways on how to save money wisely but sometimes the most effective method is going old-school. Many old-fashioned saving tips are still very effective today, have you used any of them? If not, we have listed old-school money-saving tips for you.
Use cash ONLY
Have you noticed that while you’re busy buying your daily needs and stuff, you soon realise that you are broke again? If you are looking for an easy way to control the flow of your money, estimate how much you’re going to need and withdraw ONLY that.
You can easily monitor it and see where your money comes and goes.
Cooking rather than buying ready-made meals can save you a lot. If you’re worried about the time it takes try cooking in batches, freeze and re-heat it any time of the week. It may taste like your usual ready-made meal from the supermarket but at least you have control over what’s in it too – budget-wise and health-wise!
Planning to buy gifts for your family and friends? It doesn’t have to be the most expensive one. All you need is just a little help for ideas (try Pinterest for some creative crafts) and supplies you can see around your house and then Voila! You’ll have the most beautiful present for your family and friends to cherish and value.
Thinking of redecorating your living space but don’t want to spend a fortune?
Try searching for some DIY ideas online. There are tons of household items that are old but can be useful for you. You might need to buy hardware supplies but just think of them as investments that you can keep for any future renovations or projects.
When was the last time you sat at the kitchen table and clipped those coupons together? Remember that coupons are still a savvy technique when you’re into saving money.
But since we are now more tech-savvy, check out these two websites to get more discounts on your favourite stores. You’re welcome. 😉
Ever heard of this quote by Benjamin Franklin?
“Watch the pennies and the dollars will take care of themselves.”
If you take care of little things one at a time better chances they add up to big things. Saving a penny or two can definitely help you accumulate a great amount of savings.
Be wise in credit card usage
Always remember not to spend more than you can afford to pay back. Pay your credit card balance as soon as possible and before the due date to avoid extra charges.
Start today by implementing these tips and you are on your way to financial freedom. It’s just a matter of being wise around your spending habits and learning to live frugally. If you need help, call us for a FREE 15-minute consultation TODAY.