How to save money without feeling the pinch

Tosh Daves By Tosh Daves, 3rd Jan 2015 | Follow this author | RSS Feed | Short URL http://nut.bz/2bfiqllc/
Posted in Wikinut>Guides>Money Saving Tips

This page targets people who are trying to cut cost but are unsure of how to do so. It will educate people on smart ways to cut cost so that they can enjoy the most out of the simpler things in life.

How to save money without feeling the pinch

Money is the undoubted ruler of the world. It is the motivation behind almost all of our actions and its power is increasing, by the day. The reason for the stress and unhappiness in this world is many a time related to the lack of money. Why, despite the large amount they earn, do some people have an empty bank account? The inability to limit one's spending is definitely one of the reasons that many families end up in terrible financial situations despite them earning much more than what is needed to survive. So, I decided that I would put together a list of ways to save money, to help the many spendthrifts out there:

So here we go, 7 tips on how to save money:

1. Use coupons. Everyone does it. You can get the exact same quality at a cheaper price

2. Shop at discount/bargain stores: Shops like Daiso can offer products of substantial quality at a much lower price

3. Try not to eat out too often: More often than not, restaurants and diners charge much higher than what their food is actually worth. Try cooking simple dishes at home. You could even make yourself a ham and cheese sandwich for lunch everyday and save much more.

4. Try to find cheaper, less known brands: instead of that cup of coffee from Starbucks every morning, try to find cheaper, perhaps even better, coffee shops or cafes in your neighbourhood. They may not be branded, but they will be a better value for your money

5. Cut down on your credit cards: the interest rate is not worth that new dress in the store. Spend what you have, and nothing else!

6. Exercise: I know this sounds weird but, you see, if you are spending your time jogging and working out, you would definitely have less time to spend shopping. And, no, you do not need any expensive gym membership or branded sportswear: There is nothing wrong with jogging on the pavement with some cheap running shoes. Both you and your wallet will feel healthier :)

7. Lastly: try to appreciate the simpler things in life. You don't need luxury goods to make you feel better. Gain pleasure from the simple things around you. The beauty of the world. And even if you live somewhere which is barren, there are always pictures of scenic places on the Internet you can view for free, right?

So there you have it, 7 steps to cut down your expenditure so you have the money when you really need it. Of all of the above, I think that the last one is the most important, for once you are able to discover happiness in the smallest things, everything else will fall in place. Money definitely makes the world go round. But always remember that money does not have to be the determinant of your happiness. After you do that, everything will work out just fine.

Tags

Money Saving, Money Saving Tips, Money-Conscious

Meet the author

author avatar Tosh Daves
I write for the average person out there who needs entertainment and at times, advice. The main goal of my writing is to help people solve their problems so they can grow to become better humans.

Share this page

moderator Mark Gordon Brown moderated this page.
If you have any complaints about this content, please let us know

Comments

author avatar C.S. McClellan
3rd Jan 2015 (#)

Well done, but I have to laugh, because it describes a lifestyle that's completely foreign to me. I can't use coupons because I don't buy fancy brands. No one offers coupons for things likeplain rice.

I never eat out, I buy second-hand rather than new whenever it's possible, and I don't have any credit cards. Most people wouldn't be able to tolerate living that way.

Reply to this comment

author avatar Val Mills
3rd Jan 2015 (#)

Good advice. I agree with you re No 7.

Reply to this comment

author avatar Mark Gordon Brown
4th Jan 2015 (#)

Better yet, make your own coffee at home.
Right too about not using credit cards, even fees from debit cards can add up.

Reply to this comment

author avatar Tosh Daves
4th Jan 2015 (#)

Hey C.S. McClellan, Val Mills and Mark,
Thanks for the positive comments! I really appreciate it!
I agree with all of your comments and next time I write an article on money-saving, I will be sure to include them.
Once again thank you so much for your comments!

Reply to this comment

author avatar Denise O
5th Jan 2015 (#)

Good common sense. Welcome to Wikinut. Thank you for sharing. :)

Reply to this comment

author avatar Ptrikha
29th Apr 2015 (#)

great tips for money savings.

Reply to this comment

author avatar aerial
16th Jul 2015 (#)

nice tips

Reply to this comment

Add a comment
Username
Can't login?
Password