lifestyle changes

Saving money is not a rocket science; instead, it is an art which everyone can master. All it takes is a few tips and tricks here and there, and you can surely save an appreciable part of your money. Curious to find out how? Well, keep reading this article to find out!

1. Utilize the power of your credit card
Did you know that credit cards can help you save money? All you need is a bit of understanding and rational thinking. Credit cards basically enable you to spend the money for almost two months without any interest. The trick here is to pay the outstanding bills as soon as possible without leaving anything.

Once you start doing so, you will earn points which can be redeemed in the form of further discount coupons or gifts. You may also win yourself a vacation with family as an offer on your purchases. However, here are a few things to remember- keep a track of your spending. Do not overspend beyond your credit limits and pay 100% when you receive the bill.

electrical appliances

2. Check electrical appliances
How many times we all forget to unplug the appliances which are not in use or are kept there in “Switch-off” mode? You may not find this logical, but the fact is that your electricity bill can cost you 10% more if you have unplugged electrical appliances in your house. This is simply because our appliances might consume electricity even on the sleep and standby mode.

It is hence advisable to unplug all such appliances which are never or seldom used. You may even keep an eye on that extra bulb or tube-light which is kept in the “Switch-on” mode without any reason. The moment you are out of the room, remember to switch-off the air-conditioner.

3. Live a healthy lifestyle
Live healthy by adopting healthy habits like daily exercise, eating healthy food, fresh vegetables, and the likes. Avoid junk food or food which is high in cholesterol. We know it is initially tough to skip such a lifestyle, however, you can always do your little bit towards adopting healthy habits. Further, drink a lot of water to detoxify your body from harmful toxins. All these will help you in saving money by reducing your medical bills.

4. Earn extra
How about earning some extra cash? Apart from your basic job, try to engage in things which can earn you some extra money. You can start by providing hobby classes. You may start teaching to the kids in your neighborhood and the likes. This way, you will enrich your lifestyle, meet new people, share innovative ideas and get de-stressed. You may also try various online jobs available on the internet to start with.

smoking and drinking

5. Give up smoking and drinking
You not only waste money when you smoke, but you also spend more money on your health due to a range of diseases that come alongside with smoking. Therefore quit smoking completely. However, if you are finding it hard to quit immediately, e-cigarettes can be of great help. As e-cigs help to overcome nicotine intake addiction slowly & gradually. In addition to smoking, drinking and gambling is yet another habit which might not only cost money but your health too. If you wish not to quit drinking, at least try reducing it to one-fourth of the quantity you consume today.

Your Turn
Follow the above-mentioned ways and we are sure, you would surely be able to save an appreciable part of the money. What are your views on this?

How do you save money? Do share your experiences with us in the comments.