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  • 7 Habits That Will Help You Save Money

    Small things matter when you're on a tight budget
    by Lou Velle Mariano .
7 Habits That Will Help You Save Money
PHOTO BY andrej_k/iStock
  • Everyone wants to save money regardless of their income, marital status, number of children, or debts to pay. There are people who are really good at managing their income and expenses, but for those who find money-saving a challenging task, here are some easy ways that might help you:

    1. Start a money jar or a piggy bank
    Having a piggy bank as an adult may sound absurd, but it is a sure-fire way to save money. Even small change from the grocery store, or the coins stored in your pocket at the end of each day could amount to something when accumulated. 

    2. Get a grip on your finances
    Cut your spending and shop smarter in order to control your finances. Adhering to your budget and respecting your limits and boundaries will help you develop your discipline in money saving. 

    3. Follow a budget
    It's one of the hardest things to do, but laying out your projected expenses through the use of online templates or by downloading a budgeting app can make you more conscious of your spending all throughout the month.

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    4. Be on alert
    If you are using a credit card, you have to be on alert. Check your bill routinely. If you spot an unusual purchase, report it quickly to your credit card company. One way to keep updated is by signing up to receive alerts on transactions that were made. 

    5. Save electricity and water
    Remembering to turn off the lights when not in use is still one of the simplest ways to do this. Use the aircon timer.  You can save water by doing your laundry in big loads instead of multiple smaller ones. You can also minimize your water bill by checking and replacing your leaky faucets. 

    6. Look for discounts
    When doing your Christmas shopping, look online for great deals, or scour your local Christmas bazaars. 

    7. Get savvy with coupons
    Coupons are great ways to save money. There are a lot of giveaway coupons in grocery stores, restaurants, and even in drugstores. You can also look for coupons online and print them out.

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