We all have seen the recession period and its aftereffects. people were rendered jobless, with very less or without any source of income to run a family. The rising prices of almost everything has added on more to the suffering. It has definitely become more complicated living than ever before. With rising demands, followed by shortfall of supply, saving money is indeed becoming a necessary issue for everyone.
Below I will mention a few points which one can consider when the issue of saving money comes into picture. many of them are already known to all, but the failure to implement causes the pockets to become empty. Read on...
#1. Save electricity, save money
We are often disheartened by looking at the electricity bill at the end of the month. The hefty amount has to be paid in order to enjoy this basic necessity of all. Also, we don't do what is needed in order to save it. The switches remain 'ON' even if no one is in the room etc.. The idea is to make sure that all the unused switches are in the 'OFF' state in order to reduce the never ending hefty bill.
#2. Save fuel, save money
With increasing fuel prices, the end seems to be nowhere. In order to save yourself from this best option is use public transport. And if it seems even not fitting the budget, try using other fuel aternatives like CNG, LPG etc which can provide better mileage than petrol/diesel. I recommend using diesel engine cars. Although they cost more, but in the long run they are economical. using 'Delhi Metro' if you reside in capital region is also advisable.
#3. Save money, save money
This seemed confusing to all, right? well this is related to all the expenses which all of us make. Out of them most of them are actually not needed like having a meal out in an expensive restaurant, showing off extra wealth etc are some of the things. If they are kept under check, a lot of money can be saved for your own self. I would recommend eating out once a week or better once a month at an expensive restaurant. Also, keeping a check on unnecessary expenses like clothes which often girls spend most on and wear them only once or twice before buying a new dress, it can be controlled.
#4. Switch to battery related products
This is related to the first point I discussed above. Switching to laptop from desktop, switching to iPad to listen to music from a heavy music system etc. are some examples to quote. The electricity is saved thus the money.
There are a lot more to quote but they are somewhat inter related to each other. like using discount coupons to for shopping, keep a track record of your cash flows, cooking food mostly in closed vessels like a pressure cooker in order to save gas etc. to quote a few. If these steps are taken care of well, I can say all is that to some extent you all can save a lot over the month. You have to live thrifty in order to save money. Any other suggestions if I missed something are welcome. Hope it helps everyone out there.
Take care.
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