Life can get expensive, yet there is still a seemingly never-ending list of things that need to be bought. Food, clothes, home utility bills, transport, and on and on it goes. There are ways, however, to pay for these everyday items and still save money. It might take a little practice, but once you’ve got the idea, you’ll be saving money every single day.
Buy In Bulk
A great way to save money is to buy in bulk wherever possible. It doesn’t matter what it is – from toilet paper to frozen pizza and everything in between – if you buy more for less, you’ve automatically saved money. Hunt around in your local grocery store for the bargains and deals (you might need to set some time aside to really get good at this, but it’s worth it) and if you see a buy one get one free offer, or a deal where you can save money by purchasing additional items, do it. You can always freeze the extras or store them for another time when you haven’t got much cash for shopping.
You may think there’s not a lot you can do with regards to the cost of your housing, but you’d be wrong. If you have a mortgage, speak to the bank or lender about it. You might be in line for a great refinancing deal. Refinancing doesn’t mean you have to borrow more and get into additional debt, of course; you could just take your existing deal and find a better interest rate. You won’t borrow anything extra, but you’ll be paying less per month. If you rent you’re in an even better position. If you want to save money, the most obvious way is to move to somewhere with a lower monthly cost, but not everyone wants to do that. If you’d rather stay put, have you considered speaking to your landlord? You may be able to strike a deal where you get to pay less in return for helping him or her out with repairs, for example.
Transport is another essential that can really add up. Cars are a prime example – buying a brand-new car isn’t necessarily a great investment as once you drive away from the forecourt, you’ve already lost thousands through depreciation. Second hand cars don’t lose so much money, and you can get some nearly new or ex-display models for a great price. Making a deal at used car dealerships can really save you a lot of dollars.
No matter where you live you’ll need to pay for things like gas and electricity, water and taxes. That’s non-negotiable. What is negotiable is how much you pay. You can shop around to find the best deal for you; there is always somewhere you can find that costs less than your current provider. You might even get lucky and strike a deal with your existing supplier when you tell them you’re leaving!
If you have debt and it feels as though most of your income is disappearing as soon as it gets paid, you might be able to do something about it. Consolidating your debts into one payment means you can be paying less, at a better rate, giving you more money in your pocket each month. It’s always worth asking to see if it’s possible.