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5 Easy Tips to Save Money

By: Inter Valley Health Plan





All of us could do with a bit more cash, but earning more of it is not the only way to go. Being frugal in the right ways can make each dollar go a lot further. For those looking to save, here are some helpful money saving tips.

1. Learn How to Do Home, Vehicle and Electronic Repairs

Whether it's via a bit of Googling or asking someone who's in the know, instead of paying for a contractor, it may be a good idea to invest in a set of tools and to learn how to use them. Many people save money not just by repairing things around the house, but by attempting more ambitious challenges, like installing hardwood flooring and building furniture.

2. Buy in Bulk

A lot of the time, we find ourselves embracing the expensive habits of our friends and family and spending unnecessary money as a result. Just going to the nearest grocery store is hardly the best option when there are far more economical alternatives. By shopping in bulk stores, you may have to travel a bit further to get there, but it will be worth it in the long run.

3. Google for Budget Recipes

Saving money is about making the most of what you have. If you're spending ten dollars a night on dinner now, imagine what you could save in the long run if you spent five dollars instead. Many recipe websites have special sections for budget recipes. Put together a plan for which meals you're going to have on certain night, so you're not tempted to splurge on fast food or a ready-made meal.

4. Spend What's Left After You've Saved

Some people try to put aside whatever money remains after their usual expenses, but the best way to look at the problem is exactly the opposite. The money you save should be your ultimate priority, and everything else, no matter how important it seems, should come later.

5. Shop at Thrift Stores, Garage Sales and Recycling Centers

Although the appeal of a brand new dress or living room suite might be hard to resist, in the end, it's not worth paying five or ten times as much for something that isn't necessarily any better. A lot of people buy into the expectations of corporations out of fear of seeming cheap or stingy, but when you have your own home to show for it in the end, it will be worth it.

Article From Inter Valley Health Plan

 





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