Date Archives July 2018

Top 10 easiest way to save money


Decoding the secrets to save money

And to those who know the pain of earning, know well what it is to save money. Especially for the average class strata, where savings are not only inevitable but also obligatory and takes a lot of mental tolls. Viewing practically, saving some money has always been the best antidote to eschew any contingency or in cases of envisaging future crisis. It is only in the bad times that we come to know of the value for money. Developing a realistic savings plan can actually succor you out from the worst. Not every advice aimed at you is what you need to espouse to save big. Savings being a crucial part of your life, need your personal discretion and your shrewdness towards the situation, to boost them and keep more and more savings flowing in, gradually.

10 way to save money

The financial crisis is something that we all go through at least once in a lifetime. While some it back to the normal level, in time; some others find it hard to revive back and suffer from a prolonged financial crisis. Now, isn’t it worth giving a thought that we might already incept saving for such unforeseen liabilities from now? So better gear up for the future! Its way better than being a mere burden on your earning elders and building your own, personal contingency funds. Not only will this give this a kick start to a right betterment, but will also inculcate a sense of independence, self-reliance and make confront with the true worth of money.

Some tips to fill the crack and overcome the loophole

Answering the most burning questions like how do I save money or how can I save money and breaking the ice, below are enlisted some unbeatable 10 ways to save money by resorting to, when you are fighting hard to outpace the battle:

  • Recording expenses

Make a clear list of all the monetary outflows even before arriving onto money saving ideas. This way, not only you will know how much you are required to save every single day but also you get a chance to keenly reflect on your gamut of savings that can be fetched. Keep a due track of all your expenses and, check and cut down all the squanders. Rechecking and rectifying the list to taper them, works like the cherry on the cake. This step stands to be in an inevitable position. Prepare an expenditure list and then streamline it with the budget chalked down.

money saving ideas

  • Build your budget

Exactly as cardinal as it sounds, it actually is for a better financial future. Developing and arriving at a stable budget is a major must for earning individual. Just write down your total disbursements – fixed and variable and cancel them out from the total earnings. The remaining figure can be the supposed savings. This jotting down works best when framed for jiffies and amended over time. Like you might want to chalk out monthly budget over annual ones, since, the more frequently they are referred to, the better the budget can be made realistic and implemented.

  • Decide savings structure

This calls for contemplating over the fact that how much you want to save. You cannot be saving more than half of your income when half of it make up for the fixed expenses. There has to be a mandatory window for the variable and contingent expenditures. This can be deemed as a secondary step, however, this is one of the best amongst the simple ways to save money.

  • Decide what you are saving for

This works like magic if implemented the right way and fervently. Apart from highly motivating you, if you are able to decide and frame out what you are saving for; it can fetch you a really bosting future. Hereunder, one needs to decide the duration of their savings. More like, long term and short-term savings. Once you decide what you are saving for, the very destination will not let you flunk and keep you high on motivation to save. Short term savings can be college or higher studies, vacation, and trips, buying an asset like a car on down payment and likes. On the contrary, long-term savings can be aimed for post retirements, child’s education, home purchases or renovation projects and so on.

easy way to save money

  • Keep a backup always

Not each of us realizes the value of having an emergency fund unless we are made to face the one. Mull over the fact that what if there pops up some contingency and you need instant funds? Keep saving for that. Be it a petty amount or a lump-sum one; just make it a point to add some bucks to the emergency fund. This can be done regularly, at jiffies or you might want to invest, but do not skip this, I repeat, do not skip this. Backups can take up the form of savings bank account, piggy banks or even loose savings kept in the form of loose cash.

  • Save from the windfalls and tax returns as well

Make it a point to keep aside a part of your windfalls or sudden jackpots like work bonuses, as savings. Do the same for the tax returns as well. This way, not only your savings will soar up in a short period, but also you will be feeling a lesser burden to save out from your total income.

  • The loose change is always the best recourse

Amongst scads of money-saving ideas, this one the most clichéd, with its best quirk being that it can be used for the non-earners as well. Keep adding coins and the change amount to your piggy banks. Ask your little ones to do the same. Besides inculcating a sense of savings at the early age, this will help the little ones know the true value of savings.

money-saving ideas

  • Take part in local Investment Development Account (IDA) program

In case your income is low, you might be eligible to become a part of the Investment Development Account (IDA). This is indeed the best answer to how do I save money or how can I save money for, here is where you can actually inflate your savings, and that too expeditiously. Participants of this program have a choice to attend the financial education sessions, where they are edified and suggested simple ways to save money and in return, the attendants receive at least $1 for every $1 they have saved. Managing to save up to $25 per month, you can end up into saving hundreds of dollars towards the all of the years. Find and locate the IDA provider near you and get registered as soon as possible. Also, do not omit to scan through the terms and conditions and the policy providing section.

  • Reminders are secondary yet important

Just in case you are in habit of forgetting things but pretty fervent to save, you might want to keep a weekly or a monthly reminder. It will work best if the reminders and the date on which you receive your salary collide. Put up some sticky notes around your place or the place that frequently come in contact of your vision, or opt for mobile phone reminders, so that you do not forget to transfer some amount, towards a better future planning.

easy way to save money

Yet another exemplification of this can be made in a little-flipped way. Just put a sticky note reading “do I really need this?” and before making any purchase, have a look at it and ask yourself if you really need it or not. This will not only help abstain from the wastes but will also help you regain a stable, overall financial balance.

  • Compare the price with the hours worked

Whenever you are planning to buy a high prices asset, just compare its plushy cost with the hours you have worked; rather your hourly income. Suppose you want to buy shoes worth $500 and your income is around $10 per hours. Now just compare how many hours you will have to work to buy those worth $500 and above all, contemplate over that fact that is it really worth it. Definitely, you will have a better decision before you and you can then work accordingly.

It takes a lot of efforts to earn these days; especially for the middle strata, as aforesaid. There can be no better reason to save than to buckle up against the contingencies and unforeseen liabilities in future that may occur and jeopardize our entire financial balance at once. The saving sorcery also works when you are broke; just withdraw some money from the savings box and there you are, all replenished and back on track again.

Howsoever you work, what matters most is the amount saved and not the recourse opted towards that accomplishment. Will it not be utterly useless to earn thousands of dollars but be absolutely broke when you need some funds urgently; it’s more like everything you have earned stands to be a big zero before all. Hence, try to eschew from such abashing and flustering scenarios and incept saving right away. Hope these 10 ways to save money help you in the near future. Happy savings people!

Tips and Ideas to save money hassle free from everyday

At some time in our lives, we all reach a point where the financial crisis hits us really hard. Those are the days when you curse yourself for having spent so extravagantly and not saved for such times. Others of us are prudent enough to know the importance of money and imply some of the Tips to save money in their lifestyles. Money saving in itself is a task that the mere thought of it fills you up with righteousness and individuality. Reality checks take place when you realize that even after your best efforts you’re not ending up with your goals. Haven’t you been wondering what sets apart those who live their lives with a disciplinary expenditure style? Well, the answer to this is simple. The difference lies in their determination. The hardest thing about saving is the initial step to start. Getting started with the money saving ideas can be a tough deal. And to find out the Tips to save money can be even tougher. If you are a prodigal person who just cannot stop his/her hand from spending, we have this article just for you.

Tips to save money

How to save money? The biggest question which arises when you are on a budget or the sense of future security strikes you. You will surely find not a few but many articles and tips on how to budget and save money. But surely ascertaining the best amongst them can be a hard deal. It seems almost impossible when you actually want to save money. Ironically, studies show that people often spend more when on a budget or with a view to saving. Spending more than intended is always a thing which usually perturbs. A lunch date or a little shopping spree, one always spends more than what was intended.

Savings does not really mean that the expenses should be cut off. Rather saving focuses on how to curb on the expenses and sort them as per priorities. And deal with them accordingly. You can surely transfer the not so urgent expense to the next month’s budget and so on. This certainly goes helpful saving a bit from every day.

Why savings?

A certain amount of money kept aside from the present income for future consumption is known as savings. It is pooling of money in a lump sum or either gradually to meet the future needs. Savings are put in a process usually that is invested to grow. Savings are actually directly proportional to investments. Have a look at why the Tips to save money are a must:

Tips to save money

  • Reduces insecurity especially in old age

Usually, after retirement, the income of a person drastically reduces. In order to cope up with the reduced income, savings is a necessity.

  • Emergency

In this unpredictable world, you never know when the emergency may arise. Savings are useful in an emergency. Till the income is stabilized, the family can fall back on the savings.

  • For needs

Needs like children’s education, home, car, etc. may arise in a person’s life. And these require a huge financial backup thus, the savings come in handy so that the family doesn’t feel any financial strain and can also fulfill their desire.

How to save money each month?

Each month you plan to save enough to go on that trip to your favorite destination, buy the phone you have your eyes on, or renovate your home to the latest trends. What are you left with on the last few days? A mere hope to save the next month! So you finally decide to go on a budget but here too you are unsure of whether you’d be able to do it properly or not very important question arises that how to save money each month because small savings lead to a good pool which acts as a backup for emergencies and requirements.

How to save money each month

If a small sum is saved every month, there can be a good amount of accumulation and a good interest can be gained on the same. Here are some Tips to save money that would help you lead a different life. Of course, if you imply.

  • The first idea to save money is prepared a budget. A perfectly designed practical budget will certainly help the family to clearly chalk out its expenditures and expected income. The budget should be practical enough to be carried out and the needs of all the members should be met.
  • Know the time value of money. If an expense can be postponed and is unimportant, just forget it. Focus on the important expenses in your life.
  • When you are pro at postponing unimportant things, you’ll realize that you can now easily ignore them for good.
  • Know that your budget wouldn’t apply itself to your life. It’s you who has to take actions regarding it. So prepare a budget that is feasible. Don’t try to be a miser. IT will lead to discomfort and in a short time you would be done with the idea of savings.
  • Next tip is that one should try excepting payments from cheques and online transactions directly to the bank. Human tendency of spending more with cash as compared to bank account exist. Thus, for those who carry an irresistible tendency to spend cash, can simply use this best way and save a good amount.
  • Before buying any durable capital item, compare prices and check exchange programs. Exchange programs certainly help out in getting a good deal in comparatively low amount. Sites like OLX, Quikr, etc. offer used products. While for refurbished or unboxed gizmos, Amazon, eBay can be given a look.
  • If you wish to get a high valued product say a car, try considering sale periods. Festive offers, year-end sales, etc offer a good deal for such luxury good and can help you get the item in your budget and the surplus can be put into
  • Next in the list of Tips to save money is “do not jump the gun”. What does this mean? It simply means that do not buy anything and everything just for the sake the billboard says that it is on sale. Certainly, you can buy the item if that is of sheer necessity but do not bring it home if it is just to lie in the corner and get dusted. Researches show that a lot of money is spent vaguely just because the buyer saw something on sale though that wasn’t on the priority list.
  • Economical shopping. What does that refer to? Go by the list. Get only those items which you really need. If you are in a family of four, you can buy a family sized grocery item. But it would be a waste certainly in a family of two. Go economical while shopping. Try comparing prices. Remember there is bargain capacity even on some MRPs. You can give a polite try. This will certainly help you save some amount from your monthly expenditure and help to pool your future finance.

Tips to save money

  • The most important point if you have a lot of friends. Yes, you tend to spend a lot over luncheons, outings, etc. how about inviting your friends home. You can certainly look at the online tutorials and cook some delicious spaghetti rather than spend over the cheque. Movie dates can also be planned home and they can be fun in budget too. Another way to save on lunch bills is, take tiffin from home for your office. That is really economical and helps you increase your savings.
  • For money saving ideas on bills, try using LEDs, they consume much less power than the usual bulbs. Switch off the lights and fans when not in use.

money saving ideas

  • Use public transport and try carpool. These two are really economical rather than driving alone and spending extra bucks.
  • This is some pro tip. Try to withdraw from the ATM of the same bank because other banks ATM charge some fees extra which is deducted from your bank account. Really? Yes, still there are a few banks existing with this principle.
  • Online travel sites though claim to offer low prices, but you can surely get a good deal at the company’s online site. Try booking air tickets from the company’s site using an incognito Why Incognito? Because incognito window’s IP address isn’t tracked down making it easy to offer low prices. Its seen that on usual usage price of travel sites hike.
  • Keep your house clean and look after regular maintenance and service of gadgets and appliances. This will save you from any heavy maintenance burden.


There are still many money saving ideas and tips that can be put to daily use and tackle the issue of how to save money each month. If these tips are put to practicality, the habit can lead to a huge saving which was rather spent on wasteful expenditure.

It’s always uber cool to save right? So, try to put these tips to use in your daily life and enjoy the perks of savings.







Pro-Tips about How to Save Money effectively

At times we realize that we are spending money and not thinking about future requirements. Even after certain efforts if you feel that you are not being much efficient at earning savings then this article can be of great use to you. Saving money is one of the importances that we need to do in our lives on a daily basis. But due to the reckless expense which we make it becomes really hard for us to save money. If you are confused about how to save money effectively  then this article will surely light ways towards saving money. Or If you are not able to save, go read about the below mentioned household money saving tips.

Saving money is an technique which is to be made very properly while you save may be the pace at it not be that good as you expected then for that purpose as well this article will list ways which you can follow  to save money fast. We are never known to what we may get to do next or we are completely unaware of the expense which we will have to do in the future. So, it is really necessary to collect enough funds as savings so that work to b done is not hindered due to the paucity of funds.

Regular savings are most important thing, though how to save money effectively each month is a dilemma for many. Here, below is a list of things which you can follow in order to save money. The tips which are described below will surely let you get satisfactory results in saving money.

1)    Create a record to note down your expenses

The very first thing which you should consider is to make a list of your expenditures. Until and unless you don’t have proper knowledge about where you spent your hard earned money you cannot conclude where to save and where to spend. To be wise at spending your money you need to create a record. The list of expenses must include all kind of expenses like small ones to the bigger ones. Note down all expenses be it for coffee, newspaper, grocery, petrol, eatables, beverages, etc.  You do not have to escape any and for that, it may take a little more concentration to analyze things deeply. When you will to know what are all the expenses you do and what is the money you lose for that, you can make appropriate decisions further to get feasible saving. While you do not get things in your brain check out the bills of last month, check out the bank statements and credit card transactions which will help you in each of the necessary one into the list.

Living expenses

2)    Create a budget

Well, another important thing you should do is to create a budget. After you are well versed regarding your expenses, you can now organize the complete stuff into a feasible budget. While you structure your budget, you must see that the totality of your budget must not exceed your income spending. Apart from your complete budget you also have to keep in track of the budget which is required for a monthly basis as like car maintenance.


Create a budget

3)    Create plans about how can you save money

After your budget is properly made now, outline the vital ones and optional expenses. Which will help you out of the ones which are not really necessary to be done? Your savings w0nt start on their own it is you who will have to think about saving at least 10 to 15 percent of your income. And if your savings are lesser than 10 to 15 percent then, you will have to work on your budget kicking out the things which are not much essential to be spent for. While you do this do not even cut the basic needs. Another best method to do saving is to save money on daily basis. Well, the how will that be done? To make it work all you need to do is to make a piggy bank at your abode and drop some money into it on daily basis. At the end of every month check it out how much have you collected and submit into your bank account. Soon after fewer months, you will observe that you have saved a large sum of money with no certain hard efforts. Also sometimes when you skip buying snacks drop that money into the piggy bank. Certainly, this will be a really good step to save money and will never leave you with the situation of the paucity of funds. Another good way to save money is while you go for shopping, so while you are out for shopping or you are placing an order from home tries buying things altogether listing them all down at one time. As like monthly grocery, when you buy it at the same time you may be facilitated with vouchers or offers. Also, you will not have to spend on travels again and again over a certain period of time.

save money

4)    Create a goal for which savings are to be done

It is good to have knowledge of the best way to save money quickly. While you are saving you may lose pace at it but once you define a certain goal for which you are doing savings that will manifold your pace of saving money. While we have something for which we are working and we get the reason why we are saving money you will certainly cut off all wasteful expenses in order to get that one goal. So, this is something you should do while you have the aim to save. The reason to save money can be anything like buying a car, a bicycle or a new house. You can also, save money in order to plan for your vacation to some good place. Thus, the gist of this is just if you have a reason to do something you will do it more skillfully and with more attention towards it.

Setting goals are not always big ones but can be short-term as well as long-term goals. Short-term saving goals can be down payment which you have to do for your vehicle, or vacation, and most necessary, you must always have emergency funds in saving as you never know when you may need it.

Long-term saving goals can include retirement plans, child’s education plan, and renovation of your abode or buying a new house.

There are various saving policies which are served by insurance companies investing in them again can be a good option.

Create a goal for which savings are to be done

5)    Take decisions as per your priorities

Priorities on which you have to spend your money and where you do not have to do is to be decided. Not just an expense but also, prioritize your goals. While you prioritize your goals it will clear an idea of where to start from.

6)    Choose the right tools

Not just piggy bank savings can give you great results but apart from that, you will have to do a little more. You can have a savings account which will be very effective one as the money which you will submit there will be added with the interest over it with a passage of time, which will be far much helpful for you. Another method is having investments in insurances.

7)    Observe the growth of your savings

While you are saving it is also important for you to keep track of the growth of money. This is an essential thing while you are aiming to Save Money effectively as it will keep in track of what are the things you are good while you save and how can you improve to get better results. If you will not check it, you will not get that the savings are being lesser or increasing. If it is increasing then what betterments have you done so as to continue them and if in case it is decreasing then, to change the strategies and be more concise in budget preparation.

Savings are always helpful at the time of need, you yourself must have experienced about how well your savings would be helping you when you needed. Especially if you are planning to buy something big then it is really important for you to save money so as to get your desirable wishes to come true. Sometimes just because of fewer funds, we feel empty of the resources which are actually of our need, right? But when you have money saved, you will never have to face such problem

Hope this guide will work well with your ideas. By now you would have understood the complete procedure and tactics which can follow to bring good and feasible changes in your savings. So, nothing to wait for starting right now to step towards savings idea to Save Money effectively and get the things which you wish to buy as soon as possible.

save money effectively

Happy reading! And kudos to your efforts in saving!

Where and How to Save Money Easily to Balance Your Budget

It seems next to impossible when you are on a budget to spend less. Yes, the saying of money flies perfectly fits here. We always spend more than what actually we intend to. Whether going shopping or having a night out, we always spend awfully. It must have surprised you often that how fast you spend money especially when it is about the budget. The time you get money in your pocket, you have some extravagant reasons to spend it. From buying fancy outfits to lavish luncheons, one is always ready to spend and that is something common with every being, though exceptions exist. In jest its all about spending like the prodigal son of the Bible and then ending up with a hole in the pocket.

finance startup

Why save money

Saving, the first thing which comes to our mind after reading or looking at the word saving is cut off in expenses. Of course, you need to cut down your expenses and spread the legs as per the sheet.

Why save money is the biggest question because its hard to convince ourselves to keep the well-deserved amount away and let it be in the savings account, whispering and taunting us in a beguiling and sweet voice about all the not so important, scrumptious and tantalizing stuff we could buy and experience with it.

The pennies lying in your account, unused are something which is for your mental satisfaction.  Why save money? Save money because it gives you freedom and peace of mind. If you are the one who is living the life paycheque to paycheque, and you decide to quit or get laid off or fired, those multiplying savings are there for you to be by your side to ease you in need.

The savings are for you to be in luxury when you are sick or are hit by some unannounced bill like a vehicle or house repair or anything. And what’s the best part about saving in bank accounts! It multiplies. it goes on getting bigger and bigger and bigger. Yes, you feel contented and the pain of saving instead of spending is reduced when you see the amount multiplying. Savings are important for financial security. And also, they make you feel rich. You know that if you fall short of bucks, you can easily withdraw and utilize it.

why to save money

Where to save money

Saving allows stockpiling money while earning decent interest with low-risk returns. A little research is always recommended before finally putting your money to multiply. The homework is always important to do since the interest rates are changing constantly. Before settling on any medium to save, it is always recommended to look whether the interest rates, the deposits, and the withdrawal restrictions are suitable for you or not.

where to save money

Another question which follows is where to save money. We have the answer. In today’s world, we are not just limited to savings accounts and the cliché piggy banks. We are here with the few types of accounts where you can easily put your money and also earn a good interest rate.

  • Savings Bank Account: Savings accounts as we all know are the most common account where people tend to save their money. These accounts are offered by mostly all the banks and credit unions. There are certain restrictions on savings account but still, they outshine to be the best. The interest on a savings account is comparatively low.
  • High Yield Bank Accounts: High yield bank accounts are also a type of savings account; the only difference remains that they yield comparatively high interest than a saving The reason for the high-interest rate is that the initial investment is not as low as that of savings accounts. The initial investment for high yield bank accounts is quite high. Even the account access is limited. This type of account is usually offered to valued customers of the bank who already have an account there. The online accounts are also available.
  • Certificates of Deposit (CDs): Another solution to the problem of where to save money is getting a certificate of deposit. These certificates are available through almost every bank and credit unions. CDs also offer higher interest rate especially when it is about larger or longer deposits. The drawback of these certificates is that a penalty is imposed if you won’t keep the amount for a specified tenure. Usually, the maturity period ranges from six years to five years. Interest earned can be added on maturity.
  • Money Market Funds: These are basically a type of mutual funds which invest usually in low-risk securities. For the same reason, these are considered as one of the lowest risk types of funds. They provide short-term interest rate. Mutual market funds are offered by mutual funds, brokerage funds, and Before saving here, a bit of research is always recommended for better yields.
  • Money Market Deposit Account: Offered by various banks, these accounts require some initial deposit up to a limit and balance, with a limitation over monthly transactions. Penalties are imposed in case of low balance or if the number of transactions is surpassed. The cash accessibility is more but the interest rates are low.
  • Treasury Bills and Notes: Treasury bills and notes are issued with maturities of some years ranging from two to ten years and the interest in earned at a fixed rate every six months. The notes upon maturity can be cashed for the face value. These are usually exempted from taxes. The purchase price is usually discounted. The difference between the face value and the purchase price is interest.
  • Bonds: Similar to I Owe You (I.O.U), bonds are another solution to the major question of where to save money. The bonds are issued by municipalities, companies, private holdings, states, and governments mainly to fund projects. Bonds are like lending out. When you are purchasing a bond, you are actually lending the amount to the seller. The seller or the bond issuer pays interest to the receiver for the lifetime of the bond at a fixed Bonds are for fixed tenures and require a degree of risk. Penalties are assessed for untimely withdrawals.

Ways to save money on bills

There are a few virtues in saving money on bills, that are consistency, organization and finding good value. We have listed a few ways to save money on bills so that you stay fixed and close to your budget.

ways to save money on bills

Be a power saver by considering motion sensor switches, LED and CFL bulbs, solar operated equipment, etc. Turn off fans, ac, lights etc when not in use. This will help in to bring down the electricity bill and you can save money and stay within your budget limits. One of the best ways to save money on bills when it comes to new appliances is to check the star ratings of the item when buying. Energy stars encourage savings. Even they rebate for a good amount.

Plan your meals. Try not to eat out much since that is some heavy burden on the pocket. Plan if you are often on lunch and dinner dates. Choose restaurants with quality yet economical. Cook at home, enjoy a budget candlelight dinner with scented DIY candles. All this will help cut on your bills.

One of the ways to save money on bills is to choose wisely. When you are out for kitchen or grocery shopping, always make sure that you choose what is the best and is on sale. Seasonal fruits and vegetables often go on sale. Check for the quality and choose wisely. Compare brands when buying packaged products. It might be that the other brand offering the same thing is a bit low in cost than what you are choosing.

Another way to save on bills is car-pooling. Avoid unnecessary drives. If you have to go to a nearby place, try using a bicycle or walk, this will not only cut on your petrol and vehicle maintenance bill but also be beneficial for your health, so, fewer doctor bills too.

Keep things at your place organized. Try recycling and reusing things until they are useful. Avoid wastage. One of the most common ways to save money on bills for wrapping paper, cards, ribbons, etc.

When you know that a particular item can be utilized, try taking that in bulk. Do not be wasteful though. Prefer bulk stores for a few items. It might be that if you get a particular recipe spice, you won’t be able to use the full pack, but that in a small quantity.

Plan your wardrobe. Do not buy items just because they are on sale. Buy only those clothes which will be useful to you. When it comes to designer and branded clothes, you can also go for renting that would be beneficial for your wallet.

Automating and channelizing your savings idly lying at home will also help you get good savings. If you invest your savings properly, you can earn good interest on it.

The most important of all the ways to save money on bills is that you should try to pay the bills on due time so that you do not have to pay extra penalties and fines. Another point is that in the case of electronics, other appliances, vehicles etc, try doing regular cleaning and proper maintenance so that when you have the regular service check-up, you need not pay extra bucks.

ways to save money on bills

Best way to budget money

Best way to budget money! Now that’s what every sentient being thinks of whenever the term “savings” is mentioned. It’s just like that old school question which lingers inside the minds of people from all walks of life. Be it you, your father or even your mom knows that the basic thing to do would be to maintain a monthly budget or a record of some sort. The rest will be taken care of! Right?

Wrong! Just maintaining a manual regarding your budget won’t solve the bigger picture which is still screaming what is the Best way to budget money. Well, there are a few alternatives to this ancient orthodox approach which the people have been following for decades:

Before you rub your eye in disbelief and ask “wait for what?” hear this out. In this age of cyber transactions and online banking and all Skynet stuff. Why not take a step ahead and let your card manage the transactions which you’re not so sure about. In other words, your credit card or debit card is also a sort of inventory which keeps the track of all the expenditures you might have.

The thing is, you have to use only one card for your major transactions or the closest one for the same. This, in turn, will not only make the things easier but it’ll also help you in knowing the extra expenditures you’re not even aware of or the ones which remain unaccounted.

Yes, you can know what has been bothering your mind for so long. All you have to do is to sum it all up and then judge the total expenditure as per your expectations. Well, if it’s under or equal to your expectation then it’s okay but if it’s not then too you can manage the expenditure. The only difference will be the balance left as with early planning you’ll have better results as compared to the late planning which can yield you some undesirable results.

So now it might not worry you as much as it did before because now you know the best way to budget money!

How to save money easily

It’s true that life has never been easy on anybody. The moment we try to breathe in some relief, one or the other problem creeps up from behind and whispers boo! This happens with everyone and especially with those who think way too much about their expenditures. Before you try to hook up with another link or a video which says how to save money easily, hear this again:

  • Spend less on eating outside

Yeah, this is cheesy enough but consider this, you do spend your weekend in some restaurant or high-end eatery which tends to serve you good food. Obviously, this increases the “status” level but at the same time, it depletes money way more than you actually think of cause let’s be honest. People do eat more than what their bellies ask for in such places. You can learn how to make good food from YouTube, that’ll help ease your burden off a bit.

  • Keep a track of unnecessary expenditure

Whenever people ask how to save money easily, they tend to forget that the easiest way to save it lies inside the daily activities which everyone performs. It’s good that you go shopping because it’s important for your survival but going on a shopping spree is something which can and should be avoided.

People always buy more unnecessary goods while hanging around in shopping malls rather than making a generous list and buying the things from a simple general store. Do the shopping, don’t let shopping get the better of you.

By following such easy steps such as making your coffee yourself, doing the chores on your own and some other stuff which can be performed by you can significantly decrease the expenditure rate and hence will answer the serious your question which is how to save money easily?

Well, now you know!

Always remember that the rich save while the poor spend. The richer becomes richest while the poor becomes poorest. So, never ignore savings. We are pretty sure you will now put on a few of our tips and ways to use and be economical. May the savings begin!