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Smart, Useful Tips That Help You Stay Sane While Saving Money
By Izza Sofia, 14 Jun 2017
Do you have a problem with over-spending? Take a look at some practical tips you can adopt to help you save money.
“Save your receipts, look at your bank statements, and figure out where you can afford to slash some spending.”
Tracking your expenses is the best way to get control of your money. Making a mental note of your spending is not a reliable way to keep your budget on track, regardless of how good of a memory you have. You can start by downloading budgeting apps or use a budget planner. There are great tools available that can help you stick to your budget by tracking how much you are spending on each area.
“Unexpected meal purchases can be one of the biggest culprits when it comes to draining your savings.”
If you are trying to save money, the first thing financial experts will tell you to do is stop eating out and start cooking your own meals. Meal planning is important before you grocery shop so you only buy exactly what you need. It is a crucial way to reduce costs and save your income. Not only does this method help me save, it also helps reduce kitchen waste from unused produce or forgotten leftovers.
“Instead of paying $12 for a fancy cocktail out, you could split the cost of a bottle and other ingredients among your friends for a third of the price.”
If the plan this weekend is to hang out with your favorite people, invite your friends over and party together at home. Hosting friends at your place instead of going out is an easy way to save money while still being able to socialize. You can make it into a fun potluck or have them bring their favorite cocktail ingredients.
To learn more about how to save money, head over to Hello Giggles.
[via Hello Giggles, opening image via Shutterstock]
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