Blueroselady's Weblog

I wish you abundant happiness, health & wealth

Tips on how to save money $

with one comment

1. The 1-week rule, the 1-month rule.
For items that you need, wait 1 week then ask yourself if you still have to buy it.
For items that you want, wait 1 month.
You may encounter a better bargain.
I have a list of things to buy, for some items, after some time, I realize I do not really need them. I also occasionally annotate the prices, for more expensive or frequently bought items, by different shops to get a better bargain.

2. Give up / cut down expensive habits, like cigarettes, alcohol, and clubbing.

3. Save the electricity.
Turn off lights before you leave.
Increase the air-conditioning temperature, lower the heater temperature.
Use energy-saving electronic product.

4. Hide your credit cards.
Put them in a safe place in your home, not in your wallet where it’s easy to spend them.
I only have and carry 1 credit card, most of time for air-ticket and accommodation.

5. Don’t spend money just to de-stress.
Try something FREE.
Go home and spend some quiet time just to relax and then meditate.
Exercise, go for jogging to de-stress, or maybe just sleep early.

6. Eat at home.
Quality time with family / housemates.

7. Cut down your hand phone bill.
Cancel things that you do not require.

8. Cut down on your vacation spending.
Try budget trip.

9. Turn off your TV.
Less exposure to guilt-inducing advertisements, and also less electrical use.

10. Home entertainment. Invite friends over instead of going out.
Have a cookout or a potluck meal, chit chat, play some cards, watch DVD.


Written by blueroselady

May 3, 2011 at 1:17 am

Posted in family, finance

Tagged with , , , , , ,

One Response

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  1. Great post thanks for sharing. I posted a few ways to save money on my blog also check them out.

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