It may be easy to talk about saving money, the hardest thing about it is the doing part.
I do not claim to be the best when it comes to saving money, but I do have some trick up my sleeves. Here is some money saving tips that I have personally experienced and applied throughout the years:
1.) Be electric consumption conscious - With the rising cost of electricity this is probably one of the best money saving tips I could offer. Simply monitoring your electricity usage could save you a lot of money. This involves turning of appliances and lights that are not in use. Shifting to energy saving light bulbs will definitely help. We turn off our electric water dispenser and our refrigerator during the night time. Buying new home appliances makes a lot of difference in electric consumption. New home appliances are more energy efficient than old appliances. In the long run you save a lot on electricity. When we started becoming more electric consumption conscious at our house, our bill went down by almost 25 %.
2.) Save loose change - Mom has taught me several money saving tips, but I believe this is one is the most important one she has taught me. At first collecting loose change may seem insignificant. But when it starts to grow, you will realize it's value. At one time the loose change I saved amounted to more than P 10,000.00. ($200.00 U.S plus)
3.) Recycle - This is a new program that I have started to implement. More than 3 months ago I instead of throwing away plastic, glass bottles and containers I started collecting them. Now I have 4 sacks of recyclable materials waiting to be sold. I am placing this in my garage and will be selling this at the end of the year.
4.) Not buying from the convenience store - Aside from the regular "convenience stores" Filipinos have small neighborhood convenience stores which they call as "Sari-sari" store. Normally, this are the stores where people buy stuff that they badly need. Doing this once in a while might be all right. But buying everyday needs in the sari-sari store is sure to cost you more. Sari-Sari stores buy their stuff from the grocery stores, making them more expensive than grocery stores.
5.) Eating out less - Most financial experts would say that this is one of the best among all the other money saving tips. Bringing lunch from home definitely helps cut down the expenses. Frequently eating in restaurants is sure to empty your pockets. If you are in the habit of consistently satisfying your gastronomic cravings by trying out new restaurants try to schedule your restaurant visits. - 32605
I do not claim to be the best when it comes to saving money, but I do have some trick up my sleeves. Here is some money saving tips that I have personally experienced and applied throughout the years:
1.) Be electric consumption conscious - With the rising cost of electricity this is probably one of the best money saving tips I could offer. Simply monitoring your electricity usage could save you a lot of money. This involves turning of appliances and lights that are not in use. Shifting to energy saving light bulbs will definitely help. We turn off our electric water dispenser and our refrigerator during the night time. Buying new home appliances makes a lot of difference in electric consumption. New home appliances are more energy efficient than old appliances. In the long run you save a lot on electricity. When we started becoming more electric consumption conscious at our house, our bill went down by almost 25 %.
2.) Save loose change - Mom has taught me several money saving tips, but I believe this is one is the most important one she has taught me. At first collecting loose change may seem insignificant. But when it starts to grow, you will realize it's value. At one time the loose change I saved amounted to more than P 10,000.00. ($200.00 U.S plus)
3.) Recycle - This is a new program that I have started to implement. More than 3 months ago I instead of throwing away plastic, glass bottles and containers I started collecting them. Now I have 4 sacks of recyclable materials waiting to be sold. I am placing this in my garage and will be selling this at the end of the year.
4.) Not buying from the convenience store - Aside from the regular "convenience stores" Filipinos have small neighborhood convenience stores which they call as "Sari-sari" store. Normally, this are the stores where people buy stuff that they badly need. Doing this once in a while might be all right. But buying everyday needs in the sari-sari store is sure to cost you more. Sari-Sari stores buy their stuff from the grocery stores, making them more expensive than grocery stores.
5.) Eating out less - Most financial experts would say that this is one of the best among all the other money saving tips. Bringing lunch from home definitely helps cut down the expenses. Frequently eating in restaurants is sure to empty your pockets. If you are in the habit of consistently satisfying your gastronomic cravings by trying out new restaurants try to schedule your restaurant visits. - 32605
About the Author:
Do you like to know moremoney saving tips ? Visit the blog of Zigfred Diaz where he blogs about several interesting topics such as investments, money management, business, making money online and Stock market investing
