Making a budget is easy. You just make a list of your monthly expenses then subtract it from your paycheck. You set a certain percentage for savings, debt and retirement. The rest you can use to cover for bills, groceries, shopping and other expenses. The hard part, however, is when it comes to carrying out your budget plan. On paper, it all seems easy but it is real life spending that makes everything complicated.
To help you stay on budget especially when it comes shopping, here are simple and smart strategies that will allow you to save on everyday stuffs without sweat:
Make use of rebate apps
Do you want cash back on your purchases? If you do, there are rebate apps you can install on your mobile phone. These money-saving apps will let you make use of exclusive discounts and rebates at your favorite stores and on items including food, make-up, clothes and practically everything. With the app installed, you can now take advantages of these little savings that can add up to a significant sum over time.
Make use of paperless coupons
Other than rebates, another great way to save on everyday needs is by taking advantage of the convenience of paperless coupons. Digital coupons let you save money on groceries, medicines and many more items you might purchase regularly. Gone are the days when you need to carry around papers of coupons. With digital coupon systems at your disposal, there’s no need to sift through your coupon collection.
Make use of credit card rewards
If you’re using your credit cards regularly, chances are high that you’ve ramp up on your rewards. If you’re also a good payer and you pay your credit card balance in full month after month, you are also highly likely entitled for cash back rewards. Depending on your credit card issuer, you may earn a few sterling pounds of savings on your purchases. Other rewards programs may let you earn cash on everyday expenses like groceries or gas.
If you notice yourself running to the supermarket or the mall in general to buy just one or a few items, it’s time to stop. You are only wasting money on gas as well as your time with this kind of habit. Rather than run back and forth to the stores, you need to plan your shopping trips. For example, make one trip per week and stock on groceries and other necessities you might need. While you’re at it, you should also keep an eye on special discounts and coupons from your favorite stores then time your trip accordingly.
Plan your meals weekly
In order to consolidate your weekly shopping trip successfully, you must also develop the habit of planning your meals on a weekly basis. You may think you’re saving money when you buy fresh produce in bulk but you’re not if they end up in the trash bin. To make sure that every purchase counts, you need to plan your meals and shop based on that plan. It will not only help you save extra cash but it helps you steer clear from fast food meals within the week.
Skip on going super-size on anything
If you have the tendency to going super-size on your meals, coffee or anything, skip that to save money. You’re not only going to save money by doing so but you’ll also lose the extra calories you feed into your body. While you’re at it, you should also skip those gas station purchases. Rather than grab a quick snack from the gas station, you are better off packing a light snack in your purse which you can grab when the hunger pang strikes.