I need some good money saving tips?

Answer 1

don't spend it

Answer 2

never ever shop without a list, make a menu then use the menu to make a shopping list. If it is not a something you have to have get rid of it ie: newspaper( do you actually read it)
cable( what about broadcast)
movie subscriptions ( libraries now have tons of DVD's)
magazine subscritions

If you think you have to have something you see in the store, wait 3 days, if you still think you have to have it, go back and buy it. When grocery shopping, if it isn't on the list don't buy it. If it is something you use often like maybe a cream soup is on sale go ahead and buy it if the price is killer, but don't buy a candy bar or something like that just because it looks good and is on sale. Try using your crock pot for more meals, saves energy, time, and you can buy cheaper meats as they tend to be more tender in the crockpot. I have a ton of recipes if you are interested, i feed a family of 5 and buy animal food and hygene product all for under 250 dollars a month. Did i mention this price includes diapers too? Anyway, i am extremely frugal so for more tips im me.

Answer 3

Save money through Mutual Funds
Choose 3 - 4 best funds
make Systemic Investment Plan
invest a fixed amount monthly like 1000 per month
for more details consult
HDFCFund.com
SIP Plan
or consult a financial adviser

Answer 4

I keep all of my supermarket recipts and at the end of three months write down the things I bought every month and used to make a fairly strict shopping list of things I need the next time I go.
I will also add up the amount I spend each month on things I didn't use or don't really need and cut some of those out of my next shopping trip.
Also keep track of how much you eat out, that is a lot of money down the drain for most people.

Answer 5

Save jars from products that you normally use and then buy things in bulk. Buy spices, pulses, flour, etc. Use the jars to store in so that they don't go bad or get bugs.

Don't buy packaged foods. It's got preservatives that are bad for you and you pay more for them.

Don't buy vegetables on Styrofoam trays. Buy them from bins. If the store you are shopping at only has vegi's cellophaned onto trays, shop somewhere else.

Plan meals for a week or at least a few days. That allows you to buy in bigger packages, knowing that you can reuse the left overs. For example, you can use half of a squash on monday and the other on thursday before it's gone bad.

Make a little extra for dinner and take it for lunch to work the next day.

These are things that are now second nature to me. I hope they help.

Answer 6

First, u hav not indicated whether u r an income tax assessee . Savings in terms of income tax angle: (I )Maximum one lakh u/s 80 c .1. LIC premium paid 2. Housing loan interest 3. PF, PPF etc., (ii) General savings: Invest in POMIS ( Post office monthly income scheme) up to 3 lakhs ; Part amount in Mutual Funds. ; RBI Bonds. This forms a good balanced basket of savings.

Answer 7

Write down a weekly budget, and keep a record of what you spend on what.
Buy only what you need.
Buy supermarket own brands.
When you go out, don't take any money.
Turn down the thermostat on the heating system.
Visit charity shops in expensive areas.

Answer 8

this may sound crazybut you may have to save a tenth of ur income no matter how much you earn every month.make a budget and scrap unaffordable luxuries.i also reccommend a book- the richest man in babylon. really helpful

Answer 9

to save money,make a habit of puttin ten rupees evry day in ur piggy bank.u'll get 300 rupees in one month.after a few monthswhen it becomes a habit,start puttin 20 rupees eveyday.this way u'll learn 2 save money.

Answer 10

Don't invest in liabilities i.e. Cars, mc.cycles they are all depreciation's!!! Invest in assets that have a capital gain! i.e. Real estate, houses, flats, blocks of land. Even antiques the capital gain on them can be staggering!!! How about a small business? Wish you luck, think wisely!!!

Answer 11

Buy less. Don't spend so much on food. Look for more on sale items,instead of just running in the stores and buying what you want. What we want is not always what we need,buy only what you need .