Creative Ways to Save Money

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Avatar for esmeesmith
2 years ago

You can only make money in 24 hours. There comes a time you have to think of other ways to retain the money. Some people invest into return giving investments and some people give you ways to save money.

So you are going to think of ways to save it. Because more you save the more money you retain. The process would make it easier for you to be more creative in a context where things just slowly improve.

I personally have learned from the experience where the creative ways to saving has helped me some money. And that money I have later saved into other investment options.

So today in this article, I wish to come up some ways for you to save money.

Do take a look at below options and let me know at the end if you have tried some of these methods to save money.

Reduce Impulse Purchase

I have been getting those urges to have a apple laptop. It's been going on for years. I realize that buying it on impulse means I won't be able to buy other things. And also that item is not some item that is worth holding long term.

Some of the time having such type of the impulse purchase is not going to make things any easier. So one has to reduce the spending and focus on the things they need in their life. That's what the impulse purchase avoidance is about.

When you want to make such purchase. Just ask yourselves, it is worth it. Is it going to cost you a lot later? How else you can make things easier for yourself to buy and use? Ask more questions, if it is worth it then buy it.

More DIY, Less Outsource

I think outsourcing is where we spend most of the money as we grow older. Like we hire the maid. We make sure to buy things made by others. And slowly those things accumulate and we are forced to have those things.

When you learn to DIY, you have developed a creative mindset. You also avoid the impulse purchase. You reduce the churn that happens when you don't do anything in the life. So you choose to do on your own and reduce outsourcing.

Make sure to only outsource things which you literally can't do. And that is where the DIY mindset comes into the play. That is what I have learned from my experience so far. Otherwise it gets expensive.

Socialize during Anxiety, not Shop

I have this anxiety where I worry about the future. And when that happens, I make sure to subscribe to things online, shop, and spend money. Which is kind of bad way to cope up with the anxiety and the depression.

Make sure to have some people to talk to. And that would also improve your anxiety. Some of the time doing the socializing brings you more power. Some people just learn from the experience of not staying depressed by diverting the mind.

Make sure to have some connections to talk to. And make sure to have enough people where you can talk and have form of interactions. This way it can have you get out of most of the anxieties. That would help you with money saving too.

Eat at Home, Stay Healthy

When you eat more outside you are going to end up unhealthy. And that is not good for your health. Some of the time being healthy should be on your top list. And that would help with staying long term healthy.

Make sure to eat at home. Because you choose the ingredients. And it would help you with the healthy eating habits. Make sure to also do exercise this way, eating at home and making some movement helps.

When you do local things, your health improves and also you remain healthy in the long run too. I have realized that eating at home is always a good thing if you learn to do it the right way.

Track Budget, Save from Budget

When you have apps in the times like these. Making some budget and tracking becomes lot easier. You can easily see the transactions that happened digitally and making sure to do the local transactions kind of saves you easily.

Paying taxes also becomes lot easier. And people can easily track the taxes required by you to pay for things. This is one of those days which require you to have a budget. Make sure to have budget for small things.

When you start saving money after going through the budget. That in turn would help you with the money. And money is how we are going to keep ourselves balanced and in safe position.

What do you think?

If you can find ways to save money, saving the money into various forms of the investment methods would be pretty easy. So I have listed some of the ways to save and invest money.

What do you think of the creative ways to save your money?

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2 years ago

Comments

I'm really bad with budget tracking. I need to learn how to track my spending properly and cut off unnecessary things

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2 years ago

That's an amazing list of how to save. Those points really helps. Hopefully I can apply it in order to save.

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2 years ago