When crafting a budget or trying to spend less money, it’s tempting to look at goals in terms of weeks, months, or even more. But did you know that you can actually save a lot of money just by focusing on small, everyday expenses? Keep reading to see where you could be cutting costs in your everyday life.
Eating (And Drinking) Out
This applies to every time you eat or drink food outside of your own home. Lunch dates, dinner plans, coffee stops, or hitting up the bar after work: all of these things are great, fun socializing activities. They’re also a huge drain on your wallet. Go a week without eating or drinking out at all, and compare the amount of money you spend to a week in which you eat and drink out as much as you would on average. You might be surprised by the difference you see.
Do More DIY
When you pay for pre-made items, you’re paying in part for the convenience of not having to do it yourself. But is that really worth it? You might find that you actually enjoy creating things from scratch, or that an at-home spa day is even more relaxing to you than going out and having one at a proper brick-and-mortar spa. Take the time to try out as many DIY projects as you can. You can keep the ones that are easiest and most enjoyable to you, and toss out whatever doesn’t work.
Bundle Errands And Save Gas
If you find yourself leaving the house multiple times in any given week to get all of your errands done, you could also be wasting more money on gas than you need to be. Save gas and time by taking a day out of your week to plan out everything you need to do. See what stores are closest to each other, or if you can pick up all of the items you need at one shop instead of going to multiple stores. It’s also possible to check out online services, if the shipping or delivery fees don’t cost you more than what your gas would.
Grocery Shop With A Plan
Grocery stores are specifically designed to get you to spend money you don’t expect to spend. This is why they have the displays set up to greet you right as you walk in, or when you’re heading to the cashier to check out. Instead of allowing yourself to be distracted by all of the tasty things you could be getting, go to the grocery store only after you have a strict grocery list and follow that list to the letter.
Rehash Your Budget Weekly
If you’re trying to learn more about budgeting wisely, the first thing you’ll need to do is actually start managing your budget. Like your income and outgoing money, a budget shouldn’t be rigid and inflexible. It should instead change with your circumstances. Cut back on losses by checking in with your budget and your finances at least once a week. Determining where your money is and where it’s going will help keep you from spending too much in the days that follow, until you have a chance to reevaluate again a week later.
Limit Online Shopping To Once Per Week
Browsing through online stores is low effort and high reward, which makes it a serious problem for a lot of people. If you find yourself loving online shopping too much to let it go completely, then try this compromise on for size. Allow yourself only one day out of the week to do your shopping, and set a budget as well so you don’t end up buying just as much in one day as you might have over the week.
Saving money doesn’t have to cost you in comfort. Implementing just a few of the saving strategies above can make a big difference in your daily savings.