Osovo

10 Simple Ways To Save Money

10 Simple Ways To Save Money
1. Scrape out food jars to use the last little bit. Don't let any pickle, sauce, jam or chutney go to waste. Use every last bit of it. Put in a slice of bread to really clean the insides up well and get every last bit remaining inside the bottle. This might sound like a cheap thing to do and it is but would you rather throw away precious food just like that?

2. Buy second hand chairs whenever possible. These days, you can buy a great set of chairs for a few thousand rupees when you buy it second hand. Furniture showrooms and online furniture sites are known to cheat people by pricing furniture 7 to 10 times what it costs them to make it.

3. My rechargeable speaker takes 2 hours to charge and then plays for more than 16 hours non-stop. So I am saving the 14 hours of electricity each time that I use it instead of a music system. Similarly, our 13000Mah power bank takes 2 hours to charge and then can be used to charge our mobile phone 4 to 6 times. A huge money and time saver as it charges the phones very quickly.

Osovo

4. Do not give likes on a product Ad on social media unless you have actually used the product. Prospective customers will think that the product is really good if many likes are given to these ads. Also, don't blindly trust product reviews online. Many are paid ones but appear to be real to the consumer.

5. Rub yourself with a towel soaked in cold water when you return home from work. No need of taking a bath then. No need of soap either. You will feel instantly fresh and wonderfully relaxed after a good long towel wipe of your face, hands and body.

Osovo

6. Don't buy needless investment plans like the ones which are said to secure your child's future. You would much rather invest that money into a Fixed Deposit or a piece of property that you know for sure will rise in price in the future. It's best to create a few emergency funds for the security of your family and you. Put in some money into each of them every month.

7. Do not buy frozen foods such as frozen peas, chicken, etc. Better to have vegetables and meats that are fresh as they are usually healthier that way and cheaper too. Stay away from cold cuts such as sausages, bacon and ham unless Christmas is round the corner.

8. Beware of Phantom Power. Switch off all your major electrical appliances from the mains or use a surge protector and switch it off after using the appliance. As much as 20% of your electricity bill might be due to Phantom Power as surveyed and found out in countries like UK and Australia.

Osovo

9. Cut down on daily or thrice a week shopping for groceries and instead shop just once a month. You will save at least Rs.500 a month just by buying your household items and other groceries once a month rather than every day.

10. Carry your lunch from home when you go to work or college. Each lunch in a canteen or restaurant costs a minimum of Rs.40 per meal. This is the bare minimum. You can save a lot of money by carrying your lunch box along with you when you leave home in the morning.

Savio DSilva
Savio DSilva
Audio Book Creator. Life Coach. Soft Skills Trainer. Counselor.
Meditation Practitioner. Food Technologist. Frugal Marketer.

More Ways To Save Money

WhatsApp Facebook Twitter Google Plus Linked In


Disclaimer | Privacy Policy | Contact Osovo | Give Feedback

Osovo