9 Simple Money Saving Ideas

6. Buy in bulk

Whenever possible, prefer to buy in bulk. You can’t imagine how much you can save this way. Non-perishable goods can be bought at wholesale rate and and safely stashed away in the store-room for future use.

7. Pay bills on time

How many times have you had to fork out late fees when you forgot to pay your electricity bills or were too busy to pay your phone bills? These unnecessary expenditures can be safely avoided by being a little more cautious.

8. Prefer borrowing to buying and old to new

We don’t expect you to go borrow your neighbor’s juicer, but you are definitely encouraged to at least borrow books from the library or your friends. When you can’t help buying, buy used books rather than brand new ones.

9. Avoid brands

More often than not, the regular shampoo has the same ingredients and is as good as, if not better than, the branded ones. The same goes with clothes and other stuff. Don’t be brand obsessed. Buy branded things only when you are sure that they are superior and to and have more utility than the goods on the shelf.

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TAGS: avoid luxury, borrow, branded goods, More