Author Topic: HOW TO SAVE MONEY BY DEFINING LIST OF EXPENSES (Read 2226 times)

Perfect · « **on:** »

With the institution of malls, affordability of technology, and rising cost of health care, loans, and rising inflation, it has become very difficult for one to spend less and save money for future use.

Current statistics show that banks are showing a considerable decline on each bank account holder’s savings and have shown an increased in the number of withdrawals per month leaving people little money to spend before the next salary strikes their account.

Along this fact shows a relative increase in the amount of spending made in private institutions marketing different products.

While these facts and a host of temptations are a commonplace scenario in the real world, there are many ways by which you can keep yourself from getting into the hype and aid you in creating and developing your personal and unique habit of saving a few dollars from your basic salary.

Ø   Compulsive Buying – Given enough money, 7 out of 10 people lure into the idea of buying a personal item they like in a store at a first glance.

In a simulated sociological study, people who originally planned on window-shopping ended up buying personal stuff if they are taking their personal bankcards with them.

If you are doing window-shopping, limit your spending to a few bucks and try making your list the next time you plan on buying such items. Buy only the store items you need and abandon those that do not satisfy an immediate need.

Ø   Budgeting – Along with your pursuit to saving money, it is also important to keep an organized and effective, yet reasonable budgeting technique. Budgeting eliminates buying temptations that would tend to build up during malling and help you save money along the process due to preformed lists of items you need to buy.

Ø   Performing Price Comparison – The World Wide Web provides a great avenue on providing a checklist of prices on specific items that you plan on buying.

This is great for you if you are into bulk buying and plan on conducting your malling activity in one place. This will give you a good idea if the usual store from where you usually get all your everyday household needs provides you a reasonable price for specific products.

Ø   Take All the Convenience At Home – Lunch, snacks, and major meals are something which you can prepare at home. If you are serious on saving money, you can prepare all this from home and get away with some amenities of the gut by replacing soda with water. This is not only beneficial to your pocket but does a great deal for your health as well.

Cokoye · « **on:** »

fayewilson · « **Reply #1 on:** »

Short but concise explanation, good job. You know it is indeed, very hard to save cash nowadays. Expenses is high so is daily commodities. But then again there are lost of ways on how to survive this financial crisis.Like for example, asking for financial assistance to banks and other lending institutions near you. Living in this wonderful planet is not easy . You should smart enough to live practical and smart.

Cokoye · « **Reply #1 on:** »

Subject / Started by	Replies	Last post
Tips on How to Teach Your Kids to Save Money Started by Perfect FAMILY and HOME	2 Replies 2925 Views	by Perfect
Save Money and Save the World Started by Perfect BUSINESS AND ECONOMY ENLIGHTENMENT	4 Replies 3831 Views	by oleeviascott
I compiled a list of the best money making affiliate networks online Started by destattaide INTERNET MARKETING	2 Replies 1768 Views	by Webm
How to Make Money Using Nothing But Your List Started by Webm INTERNET MARKETING	2 Replies 1145 Views	by Webm
to save you money! Started by wangqing ADVERTIZE FREE	0 Replies 900 Views	by wangqing

Cokoye

Join over 140k discussions or create one FREE

Cokoye is an Africans forum with over 500k members where people freely discuss issues. Register now to Join or start discussions FREE.