Thursday, September 27, 2012

How to Save Living Costs Effectively

Acquiring loans is part of every day life due to the rising costs of living. However, you should make sure that you pay back loans successfully on time to avoid more financial constraints in life. Of course there are many ways to save money effectively so you can repay your loans, but here are some top 10 smart tactics that are easy.

Always buy green groceries from the source, directly from the farm. This way, you will get fresh supplies, which are healthy and cheap. Buying from the department stores will mean added extra costs because the products have passed through middle men.

It is also very important to work with a cost-reduction budget and stick to it effectively. Your shopping list should consist of your basic living needs while avoiding the wants. If you go shopping in a large department store, avoid the temptation of picking unwanted items.

Alternatively, practice carrying just right amount of money for your budgeted items. This way, you will not have an extra coin to do impulse buying. Furthermore, you will avoid missing to buy your basic items just because you saw something you have always wanted.

It is possible to save money greatly by making use of discount coupons offered by various outlets. You can keep tab of these by searching online where it is quick and easy to find. Bookmark these sites so that you remember where to go when you need what discount. Bookmark our QMS website for Better Saving is one of the good ideas to reduce your living costs effectively.

To save even more money, you may go and directly print out FREE coupons from the following website (U.S. only):

Save Money Be Happy

[UPDATE: coupon link is obsoleted due to the retiring of GAN (Google Affiliate Network)]

Walking to your work place or to the department stores is healthy. Therefore, instead of driving walk and save some money while at it. On the other hand, using public transportation will also enable you to save money greatly.

Eating in restaurants is the way out especially if you are working away from home. However, you can replace this by packing snacks and leftovers from your fridge. Consequently, you do not have to spend a penny in a restaurant or on delicacies such as frozen yogurt or ice cream when you go out of the office.

Another saving tip involves your current mode of entertainment. Put off paying for cable TV and opt to rent movies and play games with your children. This way, you bond with your family and you save money, which you can use in repaying your loans. That said, in order to pay back loans successfully, bear in mind that entertainment expenses have to be under controlled, or else such expenses can contribute a huge additional portion of your rising living costs that you simply cannot afford.

Electricity costs are very high but you should act to reduce the amount you pay on your electricity bill. Go to bed early to avoid using electricity for long hours. In addition, unplug all electrical appliances before you sleep as they continue to consume energy, which could cost you at the end of the month. This will surely save your money and cut your high living costs effectively.
Going out to hang out with friends is fun, but it should not take lots of your money. Therefore, always plan to have fun things to do with friends like playing games or watching a game in your house or theirs. This way, everybody can bring drinks and snacks that prevents you from spending extra money.

Paying your loan should be easy if you save more money by this last top 10 smart way of grooming. Do your nails and hair by yourself instead of going to the beauty parlors. You can also use homemade shampoos and cleaners so that you put aside money to payback your personal loan.

Although saving money is never an easy task but we believe the above methods can undoubtedly help saving your ever-rising living costs nowadays effectively, especially if you are living in some top-cost cities in North America (such as New York, Chicago, Los Angeles, San Francisco, Boston, Washington DC, Seattle, Toronto etc), Europe (London, Paris, Frankfurt, Milan etc) or Asia (Tokyo, Hong Kong, Singapore, Sydney etc).