The top 31 money-saving tips cover different aspects of your routine. Check them out:
- Plan your meals;
- Cook at home;
- Buy food in large quantities;
- Use coupons and promo codes when shopping;
- You should take advantage of promotions every time you come to supermarkets and get price reductions.
- Use LED bulbs to save energy;
- Reduce water consumption at home;
- Audit your utility bills to identify waste;
- Use public transport whenever possible;
- Consider cycling or walking for short trips;
- Look for discounts and promotions on fuel;
- Cancel services and subscriptions you don’t use;
- Negotiate service contracts to obtain better conditions;
- Take advantage of the retirement plans offered by the company;
- Avoid personal loans unless they are essential;
- Look for free leisure and entertainment alternatives;
- Do it yourself when possible to avoid hiring expensive services;
- Compare prices before making any purchase;
- Avoid impulse purchases, especially during promotions;
- Plan large purchases in advance to find better prices;
- Use cashback on online purchases to recover part of the amount spent;
- Use digital banks that offer lower fees or even exemptions;
- Look for offers on specialized websites, such as price comparison sites;
- Consult a financial planner for personalized guidance;
- Avoid financing purchases that can be paid for in cash;
- Choose simple and healthy meals to save money on a daily basis;
- Use shared transportation to share costs;
- Enjoy free cultural events in your city;
- Have a bazaar at home to sell items you no longer use;
- Use libraries and book and film lending platforms;
- Avoid the temptation to renew electronics frequently;
As you can see, these best practices have to do with food, household bills, transportation, and services and subscriptions . In addition, some ideas concern your habits , such as technology use, retirement planning , expense control, and financial education.
We invite you to continue reading and learn a little more about each of them.
How to reduce food expenses?
In short, cooking at home is one of the most effective ways to reduce your food expenses. Another idea is to go to the supermarket with a list of what you need to buy, to avoid spending on impulse.
Understand how to make this possible below.
Plan your meals
Every time you visit the grocery store, this preparation will assist you in making a shopping list. In this manner, you will know exactly what you need to buy and won’t have any extra money to spend.
Extra tip: Be realistic — if you’re the type of person who can’t live without a specialty coffee or has a favorite item that you buy just for the fun of it, include it in your plan. After all, the mission of saving is about managing your money better, not about giving up everything that makes you happy.
Cook at home
Cooking at home is the most effective way to avoid spending a lot on food apps . In fact, here’s another reason for you to plan your meals. This way, you can avoid the classic excuse of “not having anything to cook”.
Buy in bulk
At the very least, do your grocery shopping weekly — preferably with a list of groceries with you. When you go to the grocery store just to buy ingredients for the day, you end up spending more than you need to. If you have a large number of people at home and it doesn’t create waste, one option is to buy items in bulk . Grocery stores usually charge less for larger purchases.
Take advantage of offers and promotions
In grocery apps, you receive notifications about promotions that are happening . In addition, it is worth keeping an eye on the standard offers that all stores have — reducing the price of a certain product category on specific days of the week, for example .
How to save on utility bills?
Moving on to services, we have the possible savings on household bills , achieved by unplugging appliances, using light bulbs that consume less energy and by reviewing monthly bills.
After all, these expenses normally consume a good portion of a person’s income, so it is worth taking a more careful look at these expenses.
Turn off electronic devices
If you’re not using them, you don’t need to leave them plugged in. So keep televisions, computers, and similar devices unplugged whenever possible.
Adjust the thermostat
Ideally, the temperature of a thermostat or air conditioner should remain between 22ºC and 24ºC . Above or below this, in addition to causing thermal discomfort, it also generates excessive energy consumption.
Reduce water consumption
In addition to the classic tip about avoiding keeping taps open for longer than necessary, it is worth checking for any leaks in the pipes , as this type of problem can also increase your water bill.
Audit your utility bills
Keeping a record of all your expenses is a way to see your spending patterns more clearly . This way, you will more easily identify opportunities to save money and make your monthly bills easier.