In the Hustle and bustle of daily routine, Saving Money From Salary often seems an tough goal. However with some strategic adjustment, we can transform your everyday habits in to powerful saving tools. Here are few practical ways to save money from salary in your daiy routine without compromising on quality of life.
1. Meal Planning and Home cooking
Eating out frequently can drain your wallet faster than you realize. To save money from salary, start planning your meal for the week and creating shopping. Cooking at home not only saves money but also allows you to make healthier food choices. If we talk about very average salary like 10000 to 20000 Rs/month he or she must avoid costly restaurant because it gives extra burden on monthly budget.
2.Smart Grocery shopping
When shopping for groceries, look for sales and discounts, use coupons. Buying in bulk for non perishable items can Save money from salary for the long time. we should always prefer local brand instead of name brands, as they often offer similar quality at a lower price. Additionally avoid extra item shopping when you visit mall or store.
3. Saving Money in Transportation
Transportation cost can take a big portion of your salatry. My advise is to consider public transportation system or biking to reach out your job place. For those who drive, maintaining your vehicle with regular oil changes and tire rotation can improve fuel efficiency and prevent costly repairs. Colleagues who works in same company can be used vehicle in alternate basis so it can be joyful ride to reach together at your job place.
4. Saving Money from Utilities Bills
what are the major utilities bills are draining our salary? Electric, credit card, groceries bill etc… Small changes in your daily routine can lead to significant saving on utility bill. Like turn off lights and unplug electronic when not in use. Nowadays over charging of mobile & laptops can lead a extra burden of bills.
One more thing about credit card, that payment of credit card should be paid before the due date so extra charges can avoid.
5. Save Money with using of Cash Back and Reward Programs
Take advantage of cash back and reward programs offered by credit card, apps and retailers. These program can provide money back on everyday purchase. When you wanted to buy any electronic appliances check all offers on different shops and online stores.
6. Reducing Entertainment Costs
Entertainment can be significant expense, but there are plenty of budget friendly alternatives. Instead of expensive outings explore free or low cost activities like community events, local concerts or outdoor adventures. For an example watching movie in theatre is too much costly then watching movie at home on television.
7. Health and Fitness Savings
Gym membership and fitness class can be costly. Most of the person will agree with me that when we purchase gym membership for the whole year than tell me how many are going on regular basis ,very few of them. Consider home work outs using online videos, apps or even bodyweight exercises that requirement no equipment.
8. Try to Repair Things
Before purchasing new items, consider if you can repair or repurpose existing ones. For an example if any electronics items need to repair once or twice try to make it repair on prefect basis so it can be Save money from purchasing new one. For the old furniture with help of minor paint or repairing it would look like a fresh furniture. These type of practice not only Save money but also promote sustainability.
9. Don`t run Behind costly Fashion
Fashion doesn’t have to be expensive. Look for sales ,discounts and clearance items when shopping for clothes. Consider clothing swaps with friends or family member to refresh your wardrobe without spending money if fissile. Some time costly dress doesn`t give comfort than cheap dress.
10. Take Necessary Insurance
This is the last tip but very important for all of us to Save money from salary. Salaried person have to full fil all basic need with limited income. In this era saving money is very tough task. If any illness or any accidental incidence happen ,all savings can be used for recovery or treatment. So definitely we should purchase insurance of health and auto it would be very helpful in future.
