We started to discuss ways to save, but the ideas in the first part of this series are just the tip of the ice berg, the appetizer if you will. There are plenty of ways to skin a cat as the old adage goes and this applies to saving money as well. Hat being said here are some more practical tips to help aide and assist you in reaching your savings goals in 2015.
When it comes to food we often over spend. Food is a weakness in America and can wreck havoc on our budgets. Here are some tips to help control our food expenditures and help us save money.
Eat out less:
This month do not change anything. What I need you to do is to put each and every receipt for eating out into an envelope. On the first of next month add all of these up, you may be surprised at how much they add up to. Eating out at a restaurant usually costs between $20 and $30, if you could cut just one of these eating out nights out you could easily about $300 per year, if you cut out eating out 2 times per month could save as much as $600 per year.
Never shop hungry:
When we go to the supermarket hungry our mind plays tricks on us, we see all of this great food and throw it into our carts. Eat before you go shopping to curb impulse spending at the supermarket.
if you eat out at work you are throwing away a lot of money every year. If you pack your lunch you can save at least $2.50 per day which means by the end of the year you have saved about $650!
Cappuccino or latte VS coffee:
You can save a ton per year by drinking coffee instead of cappuccino or latte. You can save at least 2 dollars per day by buying coffee instead of the more expensive drinks. This amounts to at least a $730 per year savings.
When you do go food shopping stick to a prepared list of food to buy. Meal planning helps here. When you go shopping with a list you spend less money shopping then those who pick out food on the spur of the moment. Meal planning also helps cut down on food waste, ever go buying vegetables on the fly and a week later find half of them rotted? Your annual savings can range from $500 to $1500 with ease by using a list when shopping.
using coupons can easily save you over $1000 per year. Many people think of coupons as only something for poor people, nothing could be further from the truth. Coupons can be found in your local Sunday paper and in your mail box. You can also search for the brands you use with the word “Coupon” in the search engines and seek out coupons this way, although you will need to print these out. Use black and white ink to print out these coupons,
Comparison shopping or deal hunting:
Brand and store loyalty can be nice but it can hurt your pocket book. Even if you prefer one store over another try and look at the overall picture here, if you are paying $4.50 for organic eggs and $3.50 for a gallon of milk at one store but the store across the street has the same thing for $3.50 and $2.75 you will save money by buying those other items at the second store, Consumers who use 2 to 3 supermarkets to deal hunt can save upwards of $2500 per year.