Make 2019 the year you reach your financial dreams! Learn To Take Control of Your Finances.
Here are 10 Simple Tips to save money and put some extra cash in your pocket. And for each tip, there’s a free Alison course.
1. Create a budget
Instead of trying to recall where your whole month’s salary went, write it all down before your expenses begin.
A budget should tell you where the money needs to go, rather than where it all went. Make a financial action plan for each month and stick to it.
Create a budget like a pro!
2. Pack lunches for work
Over a weekend, make a meal plan for the next week. By shopping according to your plan, it will cut down those little food expenses that crop up during the week.
Cooking your own meals is not only good for your pockets, but your health as well. Commit your cash towards a healthy diet, and save!
Eat healthy, spend less
3. DIY – Do It Yourself
Be it for beauty treatments, or fixing a broken wall clock at home, the internet is filled with so many DIY tips!
DIY is basically things that you can do yourself at home, rather than paying someone else to do it. Gaining new skills + Saving money=A win-win!
Want to try home repairs?
4. Grocery shop smart
Shopping smart means knowing the prices of different stores, buying things only when needed, and stocking up for the whole week.
By creating an effective shopping list and avoiding psychological traps (like buy one and get another for half price), you will save quite a bit. You can even take it a step further by growing your own greens, instead of buying packaged vegetables!
Grow your own veggies!
5. Exercise at home
You’re into physical fitness and have a gym membership, great! But there are other ways to exercise and save money.
From Yoga to regular fitness routines, you can accomplish your fitness goals from the comfort of your home.
Get buff, not broke
6. Compare insurance
House, car, life – whichever type of insurance you have, don’t just renew it every year.
Once in six months or a year, take some time out and shop around to see if you could be getting better rates with a different company.
Understand insurance better
7. Have a financial goal
One of the best ways to save money is to set a goal. Having a goal like investing in a house, or paying off your debts, can keep you focused towards saving money.
Each time you spend you will think of your end goal, which will motivate you to cut down on unnecessary expenses. Each time you save, you will know exactly what you’re saving for, keeping your end goal on track.
What’s your financial goal?
8. Pay in cash
Studies show that people tend to spend more when using a credit or a debit card because it doesn’t give them the sense of excessive spending.
When you carry cash, you will stick to spending whatever you have in your pockets. When this becomes a habit, you will plan your expenses ahead of time and carry limited cash based on your needs, giving no room for unnecessary expenses.
Keep track of your cash flow
9. Pick the right tools
Research and choose finance tools that suit your goal, to help you get the highest interest rates from your savings.
For example, if it’s a short-term savings goal, a savings deposit account can lock in your money for a specific time period. If it’s a long-term goal, securities such as stocks or mutual funds might work for you.
Watch your savings grow
10. Seasonal smart shop
Buy things when they are least in demand, for the best price.
For example, buy cold-weather clothes in Summer, and vice versa. January is the best time to buy Christmas decorations, and November is a great shopping month with Black Friday deals.
Get smart with savings
Similar Posts You May Like:
Get The Skills To Make Sound Financial Decisions – Free Courses 
Learn the Fundamentals of Accounting Principles and Practices – Free Course 
Love Your Money – A Free Course 
Finish 2018 in Style by Gaining These 9 Skills From Free Courses 
Starting a Business 5: Managing Finances – A Free Course 
9 Free Fun Courses To Learn This Weekend 
Learn How to Manage the Household Balance Sheet – Free Course 
Learn Finance, Accounting, Modeling, and Valuation from Scratch 
What’s New On Alison This Week? [Free Courses] 
4 Free Courses That Will Help You To Communicate Better At Work