My Blogging Tip

Money in the wallet is like toilet paper. It looks a lot but after a few transactions, there is nothing left. So, we have to learn some ways to save money. Look at below tips how to save money.

1st money saving tips, save every single cent you can. There is a survey carried out at which a 1 dollar check is delivered to 2 groups. First group is millionaires. Second group is middle working class. The objective of the survey is to see whether there is people bank in the 1 dollar check. The result was very surprising. Most of the people in the first group bank in the 1 dollar check. On the other hand, none of the people in the second group bank in the 1 dollar check. After bank in the check, the bank will deduct some amount for transaction fee. At the end, only a few cents remained. The people in the second group felt that just a few cents do not contribute to their wealth. From the survey, we can know that most of the millionaires save every single cent.

2nd money saving tips, compare prices online. Before you go out for shopping, you can look at the prices online. Some departmental stores list down prices online. You may also consider shopping online. At least you can save some fuel and parking fee.

3rd money saving tips, cut down TV channel. If you have a lot of TV channels and it is free, never mind. If you have a lot of paid TV channels, you may consider cutting down the TV channels that you seldom watch.

4th money saving tips, buy generic brand. Same products with same function may have different prices just because of the brand. For non-food product, it is ok to use generic brand. For example, instead of buying designer handbag, you may consider buying cheap handbag. Is brand more important or the functionality?

5th money saving tips, reduce outing. By reduce outing, you can save fuel and parking fee. By reduce outing, you are saved from buying something that you do not need but nice to have.

6th money saving tips, delay the purchase. When you think you need something, do not buy it yet. Delay your purchase. After a certain period, you will find that you do not need that thing anymore.

7th money saving tips, utilize your company resources. If you want to scan a document for your own personal use, you can scan it at the company. You can save from buying a scanner.

8th money saving tips, purchase items needed during sales or discount. During sales period, same product will become cheaper. You can buy more and store for future use.

9th money saving tips, refinance your loan if interest becomes lower. Borrow from other bank to pay off all your high interest debt and repay the other bank with low interest.

10th money saving tips, do it yourself. Instead of asking plumber to repair the pipe, you can repair yourself. Save the money paying for the services.

11th money saving tips, reduce drinking or smoking. If you take 10 cigarettes per day, you may reduce it into 5 cigarettes. At least you save 50% of the expenses.

12th money saving tips, borrow tools from others. If you need to use a tool for one time only, borrow it from others. For example, you want to drill a few holes on the wall, you can borrow electrical drill from others. You can save your money from buying new one.

13th money saving tips, do not go to high class restaurant. The food you ordered in high class restaurant is same with the food in normal restaurant. The differences are the food design and services. Is the food design important? Whatever the design, the food will be eaten also. You pay for the services and not for the food.

14th money saving tips, you can read news online. Instead of buying newspaper, you can read news online. It is same with fashion magazine. Instead of buying fashion magazine, you can read fashion blog online. Most important, online information is free.

15th money saving tips, wear your clothes few times before you wash. As long as there is no weird smell, you can wear your clothes a few times. You can save your detergent, electricity and water utility bill. Anyway, this is not recommended for underwear.

16th money saving tips, do not bring too much money to go out. When you want to buy something expensive, you do not have enough money. So, you do not buy it. Furthermore, when your girlfriend wants you to buy something, you do not have enough money. Therefore, you do not need to buy it. Of course, you need to hide your credit card also.