The economic situation of recent years has not just come back and the most serious consequence is the worsening of household finances. In this article, we teach you how to save money on low salary every month. Millions of families survive with minimum wages and reaching the end of the month becomes a disheartening challenge.
Topics we will discuss how to save money on low salary every month:
- Savings, a matter of habits.
- Make the shopping list.
- Say goodbye to unnecessary services.
- Make smart use of transportation.
- Take advantage of second-hand stores.
- Keep your accounts.
Savings, a matter of habits
It is important to understand that by adopting a series of simple consumption habits, household accounts can benefit greatly. And it is very useful to make the whole family aware that saving is an issue. It concerns everyone and that each member can contribute their bit to make monthly burdens less harsh.
Start with the little ones in the house and teach them to turn off the lights when they are not in the room. Avoid wasting tap water or leave the computer or video console on all night.
You can also consult our article: How to teach children to save light.
Obviously, these tips are also applicable to adults. It is well known that the simple fact of leaving appliances on standby can make us consume almost four dollars a day on average. What is the same, a peak of more than $1,400 per year in the receipt of electricity?
The same waste can be produced through a poorly used heating or air conditioning, washing machines with little clothes, a dripping cistern. Everything is money that comes out of your pocket!
Make the shopping list
When it comes to saving in the shopping cart? It will be very useful for you to go to the stores with a list of the products you need. Take a look at the pantry and the refrigerator first and write down what has been finished. This behavior will avoid that you end up throwing to the cart things. You don’t need and that cause you an unexpected and unnecessary expense.
Avoid brands and compare prices to save at the supermarket. Take advantage of coupons and offers. But keep in mind that many times a discount coupon can be more expensive than a white label.
Say goodbye to unnecessary services
Many times we racked our heads to figure out how to save money with a low salary. Without noticing that many times the money escapes us for small commissions and services. In reality, we do not use.
Look at the credit cards that you carry in your wallet. Check how much money they charge you for maintenance and interest expenses. Also, make accounts to see if it turns out profitable. By the way, it cancels all those that you do not use. It is absurd to pay for something that you do not use.
The same applies to services such as the call waiting for your phone. The amount of mega you really need for your personal use or the paper bill. You do not need the speed of a super company to see your email. You can switch to electronic invoicing, you will save money and you will be greener.
Use online comparators and see if home insurance policies, car insurance or your mortgage can be improved. In this sense, the war between companies to take over clients in times of crisis can help you. You should not refuse your right to change entity if you obtain benefits.
Make smart use of transportation
Sometimes our car dies with laughter parked at the door for long periods. If that is your case, you are facing a very important tip to take into account to know how to save money on low salary every month.
You must examine if you really need the vehicle. Think that the car carries with it a series of expenses that take a big pinch to the home economy: insurance, maintenance, taxes. If you do not really use it, it may be more favorable to take public transport when you need it.
Another very profitable trick is to share a car. At present, you can even benefit from some online companies that are dedicated to putting people in contact at the same address. In this way, you can save money and meet new people.
By the way, make efficient driving. To tread on the accelerator excessively, not to go with the correct march. The roof racks or the excess of weight can increase considerably the fuel consumption.
For small journeys, remember to move your legs or go by bicycle. There is nothing more economical and healthy and also allow you to enjoy the outdoors and help the environment.
Take advantage of second-hand stores
The crisis has also made proliferate new types of commerce that accept barter as part of the payment or sell second-hand items. We all have at home a handful of things that have been sleeping in the storage room for years. Take them out and take advantage of them!
Recycles. Take what you no longer need to this type of business and change it or leave it in the deposit to be sold. Not only will you save. You may even take out some money that will come in handy to help if you have a low salary.
Keep your accounts update
How to save money on low salary every month? There are no mysteries. Make apply the principle of not spending more than what you enter and bring your own accounts will help you with the day today. In this way, you can have your economy clear at all times and establish a principle of priorities that avoid unnecessary spending.
There are many apps that can help you with this issue, although making the annotations in a book of a lifetime also works. Cheer up and you’ll see how you can scratch a few euros with these simple tricks.
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