Whether it is to have a little pocket money, to deal with the unexpected, to finance your projects or even for your old age, it is important to have some money aside. If you haven't started doing it yet, it's never too late. That being said, being willing to put money aside is one thing (a good thing, by the way), but being able to do so is another. For some people, this seems impossible given the expenses they have to bear daily and monthly. And yet, saving money is quite possible. In general, this requires good management and planning of your income and expenses. It can also mean setting up a new source of income. So here we present how to save money .
Make a list of your essential monthly expenses
Before you can effectively save money, it is important to be able to make a list of the expenses that you consider necessary. In this case, essential expenses are understood to mean all costs related to your daily needs as well as those of other family members who are dependent on you. In other words, it is household expenses.
Making a list of these expenses will allow you to eliminate expenses that you consider to be futile, to establish clearly on the one hand the amount you will have to pay monthly and on the other, the amount that you will have the possibility of. save from your income .
Limit the necessary expenses
After having established the list of your essential monthly expenses, you will therefore have the possibility of establishing roughly the total of the sum that you will have to pay in 1 month. Even if these expenses are considered necessary, that does not mean that you will not be able to limit them, at least, for some of them. Spending money efficiently and wisely will certainly save you some savings at the end of each month. Also note that at this level, you have already eliminated the expenses that you will have considered irrelevant.
Spending wisely means that you have to plan, for example, your purchases before you make them. Take time to study and compare offers, packages, products, brands, services, ranges, ...
Spending on food
For food, it is generally advisable to prepare a bowl to take away, either for yourself or for other members of your family. It is generally cheaper than eating in a canteen or in a restaurant and you can be sure of the quality of your food.
The expense for transportation
It is well known that choosing public transport is significantly more economical than a personal car. But if you have no choice or if you still prefer to opt for the car for reasons of convenience and comfort, it is advisable to orient yourself towards an economical and sustainable car. It is also advisable to compare the cost of fuels in the various service stations, to opt for the most economical route after study on your part, to make the revisions on time, to drive in an environmentally friendly way by avoiding accelerations as well. than hard braking.
The expense for housing
Regarding housing, it is clear that the larger a house or apartment, the higher its rent will be. If you are a tenant, do not choose a unit that is too big for you. This means organizing and arranging your interior well, making efficient use of each space and thus getting rid of bulky and unnecessary elements.
If possible, it is also a good idea to opt for a home located near your workplace and your children's school. This will allow you to save on transport, or even to use it only occasionally if it is possible to get around on foot or even by bicycle.
