Saving cash can be a seriously tough process.
The chances are that you have countless bills to deal with on a month-to-month basis, but only so much money to spread out across those expenses. The good news is that there are plenty of surprising ways that you can save some extra cash without placing yourself under the stress of too many spending restrictions.
If you’re sick of trying things like placing your money in envelopes or tracking your spending through online apps, the following quick tips could be just the kind of refreshing ideas you’re looking for.
Drive-through coffee is great when you’re in a rush and heading to work, but it quickly adds up to some serious expense. Learn how to make your own drinks at home – even if it means investing in some fancy utensils, and you could save thousands on Java.
You might need to get up slightly earlier than usual to make your coffee, but you can always pour yourself a bigger cup than usual and take extra with you to work in a thermos too. While you’re at it, don’t forget to make yourself a packed lunch so you can save cash on buying from cafes too!
These days, you can find coupons and voucher codes for practically everything – so why would you even consider purchasing anything without one? Get online and look for apps like Honey that will automatically apply voucher codes to your online shopping for you.
Additionally, make sure that you check for any deals or coupons that you might be able to use when you go food shopping at the supermarket too. Some locations will even publish their own magazine that’s packed full of vouchers you can use.
Just like you should never settle for buying items at full-price when you can get them at a discount, you should also avoid paying more than you need to for goods and services. Whether you’re buying car insurance or a television, make sure that you start your purchasing journey by comparing costs online.
You can even compare the interest rates and fees on personal loans so that you can ensure that you’re not paying over the odds each month. You’d be surprised how much you can accomplish when you spend just a little extra time searching online.
If you want to go on holiday, but you don’t want to spend a fortune, think about sharing the costs with your family and friends. Going away somewhere as a group can lead to savings by getting you bulk discounts on things like AirBnB rentals, flights, and entertainment.
You could even look into hiring a villa that’s much bigger than what you’d need for you alone. Usually, this means that you end up with your own private pool and plenty of other amenities that you wouldn’t get from a hotel too.
Although sitting down and figuring out what you need before you go, food shopping can take some time, it also means that you’ll save some extra cash. Having a list will ensure that you don’t buy items that you already have at home. Additionally, it will reduce your risk of being distracted by random deals that you see in the aisles.
When you’re making your food list, think carefully about which items you can buy in bulk to save you extra cash. You can also look into food that it’s in season or products that might be on sale, and build your weekly menu around those savings.
The health benefits of walking aside, avoiding driving your car as often as you usually do could save you some serious cash. Not only will you save money on petrol, but you’ll also be able to keep your car pristine for longer the less you use it – within reason.
At the same time, as you get healthier from the exercise, you might find that you start to spend less money on things like food and snacks too. Just think about whether you really need to drive somewhere the next time you get behind the wheel. If you don’t drive as often as you used to, you can even look into downsizing your car to something that’s less expensive to run, and less costly when it comes to things like maintenance and insurance.