Much like getting into shape, saving money is the product of a lot of small effective habits practiced regularly. So what are you waiting for? Let’s take a look at the these effective small habits you can practice.
Not only can drinking water save you a heap of money, but it is also good for you. Now I’m not talking about bottled water, which often costs a small fortune, instead get a reusable water bottle and fill it up at home or at work.
Being physically active helps you save money on healthcare expenses. Get your heart pumping to reduce your risk of cancer, diabetes, and heart disease and boost your immune system. Prevention pays.
We spend a lot of money on food. If you monitor your monthly expenses, you’ll see that it takes up around one-third of your monthly budget. If you eat out a lot, it’s going to cost you even a lot more. Stop paying for convenience and cook your own food. Bring your lunch or baon when you go to work or to school. Start simple with sandwiches and salads, or toss everything into a pan for a quick and easy stir fry. Planning your meals and eating in will trim your food costs and your waistline (if done properly).
What’s your typical shopping behavior? Do you find what you need and put the first item in your line of vision into your cart? Whether your buying groceries, a laptop, or clothes- taking the time to compare prices can rack up some significant savings.
Carrying (just the right amount of) cash with you makes you consciously think about how much money you’re spending. There is something that is different psychologically when you use cash instead of a debit card to pay for something—you realize just how much it really costs and you actually feel your stack of cash shrinking. Try it out for a few weeks and see if it makes a difference in your spending habits. This tactic extremely helpful when on a vacation or a shopping spree.
What do you do to save money on a daily basis?
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