Whether you’re looking for ways to save money or are looking to make a little extra cash, you might find these five ideas helpful. They’ll help you save money in some very obvious ways and will be much easier to do than you think.
Make your own coffee
Whether you work at home or at a coffee shop, brewing your own coffee can save you money. You can save more than $1 per cup. And if you drink coffee once a day, you could save as much as $25 per month. This means you could save as much as $240 per year.
If you work from home, you should have a weekly budget that includes your coffee costs. This will give you structure for your spending and help you avoid impulsive spending. You can also make it a habit to buy coffee once or twice a week instead of every day. You can also use your loyalty card to save money. You can also purchase discount gift cards.
Another way you can save money is by making lunches for yourself every week. You can pack them in containers and take them to work. You can also store leftover coffee in your refrigerator. You can reheat it and turn it into iced coffee.
Stick to a shopping list
Keeping a shopping list can help you get the most for your dollar and keep your budget in check. It can also help you avoid the pitfalls of impulse purchases. Sticking to your list can save you time, money, and even the stress of shopping. It’s also a great way to save for the future.
Try using a color-coding system if you’re wondering how to keep a shopping list organized. It’s also a good idea to print out a spreadsheet before you go shopping. This will help you keep track of your purchases and allow you to compare prices. It’s also a good idea for you to keep your eyes open for in-store deals. You can also use a calculator to help you stick to your budget.
Avoid falling for the BOGOFs
Buying things in bulk can save you money and reduce food waste. But it can also leave you feeling guilty if you don’t buy enough. That’s why it’s important to avoid falling for the BOGOFs.
The government is taking a tough line on BOGOFs, saying it would like to see supermarkets replace them with 50%-off deals. It also wants them to label perishable foods clearly and give consumers advice on how to reduce food waste. However, the Institute of Sales Practitioners has warned that it is unclear whether the transactions are illegal under EU law.
One in four people said they feared they couldn’t feed their families without the BOGOFs. That’s a worrying statistic, particularly as an average household waste PS420 a year on food.
Get less expensive auto insurance
Getting less expensive auto insurance is a good idea for anyone who drives. There are many factors that affect car insurance rates. Some factors are set in stone, while others are flexible. These factors can vary significantly from state to state. For example, drivers with bad driving records will have higher car insurance quotes.
It is best to shop around for the best deal. There are many providers that offer a variety of payment options. Most provide annual or biannual payment plans. Some offer discounts for low-mileage drivers and others offer discounts for drivers who do not have any accidents or moving violations on their record.
Increasing your deductible is also a way to reduce the amount of money you’ll pay for your insurance. For example, increasing your deductible from $200 to $500 will reduce the amount you’ll pay for collision and comprehensive coverage by about 15 to 30 percent.
Compare interest rates on debt
Considering how much you owe, it pays to compare interest rates to see what’s out there. Most financial institutions set their own rates, so it pays to shop around for the best deal. You can find out what’s best in your local newspaper or on the web. For instance, the best rates are usually found in mortgages.
Most mortgages come with a fixed rate, while interest rates on short-term loans are usually higher. In fact, most credit cards carry higher interest rates than the average home loan. Getting a credit card with a lower rate is a good way to save money. You’ll also find that the lender is more likely to be lenient on fees, which can make all the difference in the end.
