I’m no saving money expert, nor am I FSA regulated, so I am not sure how helpful I can be to help you, the 99%, survive in this downturn economy (if you are reading this from the UK welcome to the double dip recession).
In reality saving money is easy. Don’t spend it and your money, like Mr Benn’s shopkeeper, will magically appeal. The problem is that the economy is measured by looking at how much stuff has been bought. If no one buys anything we end up with the recession we are in at the moment. I guess what I’m saying is that to save money you should spend it and then we’ll all be better off.
You may not have much spare cash, so what can you do to make your money go further? Well here is the GeekErgoSum solution to your cashflow woes.
Shop at the end of aisles.
Most supermarkets will place products with money off at the end of each aisle in the store, these will often have money off or be on a multibuy offer so is great for saving money. For any products you may buy in bulk (like toilet roll) you can often save quite a bit by only purchasing them when they are part of an end of aisle deal.
Do not shop at the end of aisles.
You don’t actually need 126 rolls of toilet roll at the moment, plus it is likely to be the more expensive brands so you are paying a premium. You are also tempted into buying produce you don’t need (like crisps and chocolate). Yes you may be saving 50% but if you weren’t going to buy it in the first place you are spend 50% more (ignore the flawed maths).
Check the ‘Best Before’ produce discount counter.
Best before doesn’t mean it’s out of date, and even if it was you can think of it as ‘mature’. At my local supermarket anything with a yellow sticker on is generally reaching the end of its shelf life and gets discounted for a quick sale. I have done whole grocery shops with everything in my basket with these on, also look for offcuts at the deli counter.
Do you need it?
Do you need Netflix, LoveFilm, Spotify or any services like this? Each one only costs a few pounds/dollars/euros a month but when you add them up you’ll find that you are spending a lot on non-essential items. This is particularly the case when it comes to a gym. You can run anywhere for free, buy a bike for less or go on holiday to row for how much you are wasting there.
Don’t save your card details anywhere.
How many times have you spent 69p on an app, or ordered something from a website without having to enter in your card details. Not saving them is a great idea for saving money as during the time it takes to find your card you can think about do you really need fart app HD or a dress that is similar to all your others?
Unless you are victim of fraud then all your spending is going to be down to yourself. Who went out on Saturday night? Who took out that loan for something you didn’t need? Who wanted to have the latest gizmo? No one else spends your money but you. Take responsibility and start saving money. Stop reading tips online and do something about it.
We all know how to do something well — write a post that teaches readers how to do something you know and/or love to do.
In response to: Teach Your (Bloggers) Well