Great Ways To Save Money You Most Likely Did Not Consider
There are countless articles about saving money online. But…they all seem to tell you the same things. By now, you surely know that you have to pay off your debt and you need to start saving money to be in a better financial situation. However, this is just a small part of what you can do.
There are literally hundreds of ways to save money. While what you do does depend on various different factors, you will surely find numerous ways in which you can put extra money in your pockets at the end of every single month.
Below you can find some great ways to save money that most people do not even consider and that you can fully take advantage of.
Save Money On Your Groceries
Sure, you know you can save money when you go to the hypermarket instead of buying from the local grocery store. But this is just the beginning of what you can do.
Remember that an average US family with 4 members spend just a little under $1000 per month on groceries. This is quite a lot.
The best way to save money is to plan your meals in advance. First, look at your pantry and see what you already have. Then, plan your meals based on that. At the end of the day, you do not end up throwing away food and you can buy just what you need.
Also, another great tip is to leave the kids at home when you go shopping. It is very hard to say no to a child that sees that chocolate bar they like. Want to save even more by saving a lot of time? Buy your groceries online whenever possible!
Ditch The Paid Software
There is a pretty high possibility you use a computer to read this article right now. And you surely paid money for some of the software you love using. This even goes for mobile devices. Few people know that there are freeware alternatives for almost all paid software you use. Just check out websites like FreewareUP to see what is available. Hundreds of other such sites exist online. Look for alternatives and see if the free options offer what you need. There is a pretty good possibility this is the case.
Buy Generic Brands
Speaking about grocery shopping, but also involved in other things you might buy, this is one of the easiest possible ways to save a lot. When you buy generic brands, you avoid paying for the name of the brand. This is great when referring to so many things you often buy, like staple food (beans, rice), medicine, paper products, and cleaning supplies.
Just make sure you read the label. If you see that the composition is the same with the generic brands, there is no reason why not to buy them instead of the reputable brand items.
Cancel Unneeded Automatic Memberships And Subscriptions
You most likely already knew this way to save money but did you really take it as far as you could? You most likely have many different subscriptions, like gym memberships, Amazon Prime, Hulu, Spotify, and so on. Do you really need them? Do you really need cable TV when you can watch almost anything online these days?
Be very careful with all the automatic subscriptions and memberships you pay every month. You will most likely be able to get rid of all of them.
Also, for the subscriptions that you want to keep, consider sharing. For instance, many streaming sites, like Hulu, will let you share shows on several screens if you have an upgraded account, which would cost less if you share with someone.
Automatically Save Money
Many do not know this but you can actually set up a new bank account that automatically transfers some funds from the checking account every single month. Basically, you can set it up to take 10% of the paycheck you receive and store it in a savings account. Just set it and forget it. In a few months, you will have some money available to deal with the unexpected moments of life.
Carefully Spend Your Unexpected Or Extra Income
From time to time, we receive some extra cash. For instance, you might get a bonus from work, a tax refund, or even an inheritance. Whenever this happens, it is time to think about how you will use it. Usually, people just buy something random and this extra money is simply lost. Do not make this mistake.
There are two things you can do with the extra income. You can either add it to your savings account or use it to pay a part of your debt. The second option is always preferred but if you do not have an emergency fund, seriously consider adding your cash there.
Unsubscribe From Newsletters
I am a marketer by trade and I can tell you that we are pretty good at selling products and services. Emails from subscriptions often come with exclusive coupons and quick sales. And they look great. When you cannot resist shopping as you see special offers, just click the unsubscribe link. We do not want to take your money if you cannot afford to spend it. And there is a pretty good possibility you just lose money with these deals since you are reading this article to learn how to save some extra money.
Start Some DIY Projects
We all know DIY projects can help us save money but few people actually try them because they sometimes look overwhelming. The truth is you can find tutorials about practically anything these days on the internet. Just look on YouTube for DIY tutorials. You will find countless projects that can help you to save money. If you have problems, you can always talk to a neighbor, friend, or family member that can help you out. You will quickly learn the techniques you will end up using a lot in the future to save even more.
Marketer by day, gamer by night, human always. Get in touch at AdrianCruce.com or on Twitter.