June 4, 2018
Varinder
Personal Finance
0

If life is to be successful and life is to live in its own way, then it is very important that you must have money in your pocket. Well, money comes in the form of salary every month, but if we do not pay attention then all the money is spent.

To avoid this, you need to learn some money saving tips so that you can save some money every month. Do you know self confidence increases when you have money. You can secure your future by saving money. The right way to spent hard-earned money and the habit of saving can fill happiness in your life.

Now the question comes-

How to Save Money?

Today we will going to share with you 10 money saving tips with this you can save a lot of money.

Read the below money saving tips and make your life happy and increase your confidence to achieve success –

1. Make Monthly and Daily Basis Budget or Plan

First of all you should make a plan or budget that should be made on the monthly basis and on daily basis. Plan the entire month, how much you spend, how much you have to save, etc. After this, you make a daily plan in the same way. After making the budget, follow it regularly. In this way you can easily save money.

2. Open a RD Account in Bank

If you want to save money, then open an RD account in the bank. By doing this, you will definitely save some money on every month and you will also get interest from the bank. The biggest advantage of depositing money in RD is that in your mind it always remember that “I have to save money on every month so that I can deposit money in my RD account.” This makes you feel a positive pressure and also save money.

3. Make a List While Shopping

Most people like shopping. So whenever you go shopping, make a list of the goods to be purchased and only follow your shopping list. By doing this, you will buy only those things, stuffs, products that you have written down in your list. In this way, the money you spend on shopping, extra expenses will be saved.

4. Use Online Shopping And Save Money

Online shopping has many advantages. The biggest advantage is that you get discounts from it and you get anything cheaper from the market rate, so that you can save your money. Apart from this, your time is also saved which you can use somewhere else. I.e. there is both money saving and time saving from online shopping.

5. Reduce Household Electricity Bill

If the electricity bill of your home comes less then you can save some money for the month. For this, you have to put some good habits. Whenever you go out of the room, close the room lights, fans etc. If you go somewhere outside for some days 2-7, then switch off the main power button. You can save a lot of money with these small habits.

6. Leave Expensive Habits

This is a great way to save money. For this, you have to leave your habits that cost more money. If you are smoking or drinking or you have subscribed to an expensive club, then leave these expensive habits. Doing so will save your money and your health will also be good.

7. Use Internet and Save Money

You can also save a lot of money by using the internet. If you read News Paper, you can read E-News Paper on the Internet instead. If you want a book or magazine reading, do not buy it as you can read it by downloading E-Book on the Internet. There are many blogs on the internet that you can read regularly. All of these will cost you a lot less and you will save a lot of money.

8. More Use of Public Transport

Nowadays the car or motorcycle costs too much, but without them our daily life becomes very difficult. Now the way to save money is to reduce the use of these vehicles. For this, if you go somewhere around the house you can use bicycles. You can use Public Transport to go to the office. If you use public vehicles, you can save a lot of money.

9. Save Money When Going on Vacations

All of us think of going out somewhere on vacations. This is a good thing but if some things are kept in mind then a lot of money can be saved. If you go somewhere to roam then you can take a meal from home and take some snacks together as the outside food is expensive and unhealthy sometime. Take the small and the essential things together, etc. You can take a lot of things that can be carried with ease, according to your vacation. This way you will save a lot of money.

10. Withdraw Money via Cheque

Use credit card or debit card only when necessary as banks cut fees after 3-5 transaction done through ATM. Withdraw cash only via cheque by visiting your bank branch.