While maximizing the savings is good, but it should not in any way make your life miserable. Agree? After all, there is no point saving stuff when you are not able to make full out of your life. And this is why perhaps, most of the ideas that aim to save money sound miserable and boring to most of us.
And guess what? You’ve probably already heard all of the money saving tips by now. Switch off the fan when not in use, making use of solar energy, recycling rain water and the likes. But, sometimes, all this is not enough. You need to walk a mile further to notice a considerable amount of saving.
But this is not just it. Your gender might also influence your money saving habits. According to a study, 82% of women consider spending money as a vice as compared to 72% men.
Before you practice a complete dry spell and buy nothing for the months to come, here are a few tips that could help you in saving big.
Behavioral changes that help create saving habits
A simple change in your perception and behavior can undoubtedly help you in saving big. This is perhaps why two individuals with equal salaries manage to have different savings. That’s because one might have focused on avoiding unnecessary expenses while the other might have chosen to spend on the go!
- Cut down your eating out habit
Do you find yourself in a restaurant or a cafeteria every single day? Get rid of this habit as soon as possible. If you will do a little mathematics, you’ll soon find out how big all these super affordable dinners cost you in return. No, we’re not saying to immediately control your eating out habit, but yes, quitting it slowly and gradually is enough to help in long run.
- Note down your expenditures
Before you go to sleep, make it a habit of jotting down all the expenditures that you incurred that day. You’ll find a long list of pointless items that were not worth the money you spent. And this would surely make you feel guilty and discourage you from making any such expenses going forward.
- Count your blessings
Feel grateful for everything that you have – your possessions, people, friends, everything. This would create a sense of abundance in you which would discourage you from buying anything that you don’t need.
- Buy only for what you need at the moment
Identify your needs and fulfill the ones that you will prioritize the most. Avoid shopping for items which you imagine to use in future. Bfore you make a purchase, always ask yourself if you’ll be using it is near future. If the answer is yes, go for it!
Ways To Cut Down Energy Bills
Allow the statistics to do the talking. An average American house spends $2,200 a year on energy bills alone! In fact, this is quite obvious. From hot summers to cold winters, we all are dependent on energy to gear our homes and our day to day life. Not to forget, our gadgets are always plugged in which consume energy.
If you can manage to save on energy bills that might be the best that you could do. Fortunately, there are various ways that can help you in saving huge in energy utility bills.
- Installing CFL and LED light bulbs
If you are still using those age old incandescent light bulbs at your home, now is a perfect time to consider an upgrade. Replace your light bulbs with CFLs, or even better, LEDs. These bulbs are more energy efficient and environment-friendly than the conventional incandescent bulbs and last longer.
- Set the temperature on your hot water heater perfectly
It is often noticed that people tend to keep their water hotter than what is actually needed. This accounts to huge electricity bills, further also wasting the energy, which could have been brought to use in other ways.
If you want more information about how you can make optimum use of utility bill busters, then the below-given infographic by Denver HVAC Repair Company is all that you need!