Your monthly budget may be complex, but these 6 tips will help keep your saving strategies simple.
1. Snack On Popcorn
Popcorn is incredibly cheap to buy in bulk, so if you make it on your stove or in an air popper, you can save a lot on your snacking costs. A R59 jar of popcorn kernels will make almost 200 cups of popcorn, while R 179 only gets you four measly bags of chips (which, as we know, are only half full, to begin with!)
2. Eat Less Meat
Eating more fruits, vegetables, beans, rice, and soy can save you quite a bit of money over even the cheapest cuts of meat. And on top of the money you’ll save, shifting closer toward a plant-based diet can help reduce your risk of heart disease, cancer, and diabetes.
3. Save At The ATM
Find yourself withdrawing cash at the ATM frequently? Resolve that every time you get cash at the ATM, you’ll transfer the same amount to your savings account. You’ll either start avoiding the ATM, which will save you money, or you’ll keep using the ATM and still be saving money.
4. Use The Buddy System
A lot of difficult things are easier to do with a friend or partner, and saving money is no different. Find a coworker, friend, or relative who is also trying to save money and buddy up. They can help talk you down when you want to buy something expensive, or stay in with you instead of going out.
5. Inventory Your Freezer
Don’t let the contents of your freezer be “out of sight, out of mind.” Set aside a few minutes to go through your freezer and write down all the food you have in there, then post the list on your fridge as a reminder to use it. When it comes to saving money, eating the food you already have is a no-brainer!
6. Unplug And Disconnect
Save on your electric bill by picking one day a week when the television and all other entertainment-related gadgets get turned off, even if just for a few hours. Enjoy some quality time by playing board games, or enjoy some alone time by going out for a bike ride or reading a book. Not only will you save money by cutting back on power usage, but you’ll also benefit from having any amount of dedicated tech-free time.
What’s your best simple money-saving tip?
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