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5 Simple Ways to Save Your Money
*Image by* *Nattanan Kanchanaprat* *from* *Pixabay* https://pixabay.com/users/nattanan23-6312362/?utm_source=link-attribution&utm_medium=referral&utm_campaign=image&utm_content=2724237 https://pixabay.com/?utm_source=link-attribution&utm_medium=referral&utm_campaign=image&utm_content=2724237 Since I've been reading so many articles about saving money, I feel inspired to create **my own short** ****saving money**** **article**. Here I'll be sharing with you ****5 simple ways to save your hard earned cash****.
Image by Pexels from Pixabay https://pixabay.com/users/Pexels-2286921/?utm_source=link-attribution&utm_medium=referral&utm_campaign=image&utm_content=1868730 https://pixabay.com/?utm_source=link-attribution&utm_medium=referral&utm_campaign=image&utm_content=1868730 **No 1: Check How much data you actually use on your phone on average, and cut your mobile costs accordingly** Yes, there are so many people out there that buy large amounts of phone data that they never use. Plans with large amounts of data that are very cheap may sound spectacular on the surface, however, if 50% of that data each month is never used, it means over the course of a year - a lot of money is going to be wasted. The other day I was helping a friend cut mobile phone bill costs and through the statistics I gathered, I realised she was getting about 60GB of extra data each month that she simply wasn't using. I told her this and she was absolutely shocked and in a matter of days she decided to change her mobile plan.
Image by Tumisu from Pixabay https://pixabay.com/users/Tumisu-148124/?utm_source=link-attribution&utm_medium=referral&utm_campaign=image&utm_content=5202138 https://pixabay.com/?utm_source=link-attribution&utm_medium=referral&utm_campaign=image&utm_content=5202138 **No 2: Stop buying so much food from newsagents, shop in large supermarkets instead** A quick and convenient way to get food is to go to your local newsagent. There they sell canned food, sandwiches, ready made meals and all kinds of snacks. What is the issue with this though? Well, it's the price. Newsagents charge more for food than supermarkets. For about £2.75 I can get 4 cans of tuna chunks from Sainsbury's (medium quality), however, in some newsagents - one can of tuna of the same quality will cost about £2.00. If I make expensive purchases like this on a regular basis, over the course of a year I'm going to end up spending hundreds of extra pounds. It's wiser to shop in large supermarkets more often.
Image by Silviu Costin Iancu from Pixabay https://pixabay.com/users/icsilviu-12753087/?utm_source=link-attribution&utm_medium=referral&utm_campaign=image&utm_content=4882317 https://pixabay.com/?utm_source=link-attribution&utm_medium=referral&utm_campaign=image&utm_content=4882317 **No 3: Buy second hand clothes more often** Need a basic t-shirt to go to the gym or to play football with? Buy it from a charity shop instead. You're going to get all sweaty in that t-shirt anyway and you're going to have to wash it often, so why buy one that is expensive? Yes, you'll look great in a Nike t-shirt and you'll probably impress a few people at the gym - but what about the financial implications? It's going to cost a lot of money to keep on replacing those worn out Nike t-shirts whilst in a charity store, you can get good t-shirts for as low as 50p. Obviously, you can extend the same kind of logic to other clothing such as shorts- and when you do, the savings can be quite substantive.
Image by Free-Photos from Pixabay https://pixabay.com/photos/?utm_source=link-attribution&utm_medium=referral&utm_campaign=image&utm_content=1209641 https://pixabay.com/?utm_source=link-attribution&utm_medium=referral&utm_campaign=image&utm_content=1209641 **No 4: Buy your technology from computer exchanges and sites like Ebay** Need to replace a computer monitor? Don't just go for whatever is new. Computer exchanges and sites like Ebay offer incredibly good used replacements - with insurance. A monitor which would have cost you maybe £150 new, might be selling in a computer exchange or Ebay for half the price. If this general rule applies to all kinds of technology - then you could save hundreds if not thousands of pounds (or dollars, whatever your currency is) over the course of 5 years, by simply spending a little more time searching for high quality used items.
Image by Joseph Mucira from Pixabay https://pixabay.com/users/jmexclusives-10518280/?utm_source=link-attribution&utm_medium=referral&utm_campaign=image&utm_content=5395518 https://pixabay.com/?utm_source=link-attribution&utm_medium=referral&utm_campaign=image&utm_content=5395518 **No 5: Read more internet articles instead of buying books** Not all the most reliable tips, insights and most inspiring stories are inside books. There are so many great websites online that offer content of high value free of charge. Okay, you may want to find out the deepest secrets about black holes, and Stephen Hawking's books are an excellent bet, however, it is probably likely the same information can be found in online articles or on Wikipedia. It is even possible that there are free online articles that go into the topic of black holes - in much more depth. Personally, I think I've gained much more insights into black holes through websites that are free to use - then I have ever done through books. On top of that, scientists are always making discoveries - which means that what you'll find in a book today, may be proven to be wrong in a couple of months. So, instead of spending money on a book - ask yourself... Can the same information or even better information be found online - free? And, could the information online be closer to the cutting edge? *Article written by Tiago Hands:* ***https://www.instagram.com/tiago_hands***
17 comments
Thanks for the tips too . With the state of the economy, money shouldn't be spent unnecessarily.
Very helpful article... I always do this and i never felt embarrassed... But therefore some of my frnd they hate me.for this
Yeah! Its Very helpful article for those who want to save Their money ... But some of my frnd they hate me.for this
Wow Thanks for sharing this tips Spending carelessly should be far from us Let's focus on saving and growing our wealth
Thank you for sharing this tips. This truly help us 😊 good morning 😊
I also made my own article about my saving tips as a college student. However, it was all in Filipino. So I'm gonna share my tip. This is the best formula to actually save a huge amount of money. That is income less savings equals expenses. Once you get money, set aside the amount of money you want to save, before you spend the rest. As simple as that, but other people find it hard to do. So the next best advice is, learn to live below your means, and be thrifty. :)
To use second hand clothe is not a good suggestion.you can use and reuse your own dresses.you may take them in less prize but use your own
These are really very useful tips to save money. It's said that a penny saved is a penny earned.
Thanks for the tips too . With the state of the economy, money shouldn't be spent unnecessarily
Great tips! We should spend wisely👍😘
I've been a fan of thrift shops and honestly, its great. It just need patience but it was worth it. I have even bought a shirt with brands for only $0.2
Thank you for writing an article
This made for an interesting read as these tips are blunt and straight to the point. I have reservations with two of the tips though. Buying of used computer supplies and reading more of internet articles. The internet is a vast resource of information but not all the information there is authentic or can be trusted. So it may not be safe to rely on it as one sole source of information. While I agree that most things have gone digital there's still that effect when one reads from a hard copy of a book. On used computer accessories there's usually a higher chance of defects occurring or being detected with used rather than new items. Like you've rightly pointed out, if you must buy used computer accessories it should have some sort of warranty. Thank you.
I myself, it's really a difficult thing to save money. These are good tips my friend. Thinking of doing it gradually.
Very interestingly you focus how can save money. Really everyone should thinking about like that.
Thank you for the wonderful tips, might as well try it to see if i can save up alot.
this is the big thing to save money,spend money wisely to save more than expense more.informative article it help a lot to those people who struggle in budget.Don't live like a king.