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Savings from Expenses.

How to save a little from the usage of day-day life?

By SHANMUGA PRIYA CPublished about a year ago 3 min read
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Savings from Expenses.
Photo by Mathieu Stern on Unsplash

Even so, there are numerous ways for us to save money or invest, including the stock market, bank savings, gold investing, and mutual funds, all of which I've discussed in prior blog https://vocal.media/motivation/some-tricks-to-save-a-life-by-savings.

Can you ever imagine how are we spending all of your income in the same manner as it was received? Or do you have any suggestions for how to handle that circumstance better? Is it better to reduce expenses or raise salaries? Your salary must not be changed currently according to your wish. The key in this situation is to cut back on your spending on expenses. Because the amount of money we make doesn't matter, how much we save will determine how long we live.

While we can purchase goods in large quantities and with high quality, the price should also be reasonable.

The first thing you need to do is:

Track your income and stick to your spending plan. Expenses solely relate to the items you actually need, not the ones you acquired on impulse.

The best way to track the expense is google sheet. There are several templates are available. From that you can pick a one that you comfort and fix the budget accordingly.

Shopping

Compare prices at adjacent stores before buying the items. Purchase things like shampoo, washing powder, comfort, etc. in packets rather than in bulk to save more money. Whenever possible, use the shopping list.

Food

Food should be prepared and packaged at home as much as possible. That makes a strong family relationship while cooking at home and having it as the whole family. Reduce eating out frequently in restaurant.

Transportation

Even when you own a car or a bicycle, use public transportation.Though it will be too crowded, it is the cheapest one. If you can walk the distance, do so.

Buy

Before buying just think, is it need for us? is it worth enough to buy this? Without this is it possible to continue? If your mind hits with yes to buy. Then, you can shop the particular item whether it might be clothes, cosmetics etc.

Sales

You can sell used items online, such as clothing, a mobile phone, books, electronic items etc., and make some money with that.Regarding this, I will elaborate on what types of apps will be good to make sale in online?

Bills for electricity

When not in use, turn off the lights and the fans to conserve energy. Unplug the charger that is not in use at the same moment. When the sun is available to do the task, avoid using the hair dryer.

cellular bills

Instead of daily package for recharge, choose monthly pay. Stay away from the whole pack that contains both data and call, if you don't use data. If you're staying at a hostel with Wi-Fi, then simply save as much of your own cell data as possible in the way of recharge.

Save on TV

Don't pay for whole channels. Pay only for usage according to the number of channels that you watch.

Save Water

Avoid using water unnecessarily. For gardening use sprinkler water pot which pour less water. Install water processor at home. From the disposed water in water processor, you can wash utensils, cars and also do gardening.

By doing so you can minimize the expenses even if your salary was low. At the same time save the amount as much you can.

Just try and find the difference. If you find this piece interesting, please consider leaving a ❤️, or even a tip. Your support means a lot to me as a writer! You can also read more of my stories here.

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About the Creator

SHANMUGA PRIYA C

Yet to begin a lot.Some encouraging ,some tips and some innovative information may encourage you .Just visit my blog with lot of new tricks and expereince along with me.

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  • SHANMUGA PRIYA C (Author)about a year ago

    Just read and if you find this piece interesting, please consider leaving a ❤️, or even a tip. Your support means a lot to me as a writer! You can also read more of my stories here.

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