Your dad cannot be your ATM for life, so saving is very important. Saving doesn’t mean becoming miser and spoiling your present for the future but it simply means becoming a wise spender. We at AAW understand that life is to enjoy but with a few tips and tricks you can do both, enjoy and save at same time. Read on to know some simple tips to save money:
Differentiate : Differentiate between essential and non-essential expenses and spend accordingly. For example water and electricity bills are essential but paying your landline and wifi bill can be avoided. You can complete all your important work at office and instead of a landline get some cheap call package to save some bucks.
Planning :Make a list of all your monthly expenses and then plan it accordingly. Try to eliminate all the unnecessary spending like expensive workout session which you hardly attend or paying for a hobby for which you do not get time.
Wise shopper: We all know that girls love shopping but excess of everything is bad so spend money wisely while shopping. Instead of expensive shopping try hitting to flea markets and locals shops to find some fashionable stuff. Mix and match your dresses and accessories to save some money.
Get on deals: There are multiple deal websites like groupon, snapdeal, to name a few which offer some good and inexpensive dinner deals find one before going out for a dinner with friends or family.
Grab discounts: Many online shopping websites offer exclusive discounts so before buying anything expensive like gadgets, watches etc do some research and find out the best deal and save money. Besides websites many big brand department stores like Big Bazaar, More , Spencer etc too offer discounts so you can check with them too.
Stop hoarding: Girls love hoarding stuff like bags, footwear and clothes and doing this they spend a lot of money so if you want to save some cash for your bad times stop hoarding .
Avoid credit card: Credit cards help us in spending unnecessarily as it makes us shop even without money. So think twice before swiping your credit card as you will have to pay it next month and in case you do not you will end up paying interest and penalty. Try using debit card instead.
Invest: Make sure to invest some amount every month in mutual funds, investment and saving schemes or fixed deposits as keeping money in account won’t grow while investing in all such schemes will do.
