Monday, August 31, 2009

How can you save money in your daily life?


Yes, you too can save a bit of money by trimming some daily life expenses. These expenses are very normal in general view but if you start curtailing on these expenses then you may find that you are able to save a quite a good amount at the end of the month. I would like to discuss some very general expenditure overhead on which you can save some bucks.
1. Foods: You may save some of your money by modifying your lunch –box to some extent. Includes food items like cookies, sandwiches, muffins, fruits etc. in your lunch as well as dinner. Using office beverages or bringing your own coffee can save you something around $10-$15 per day.
2. Transport: Use public transport system or pool car rather than driving your own car towards the office. This will reduce your expenditure on auto-gas, car parking fees, car insurance & other recurring expenses on your car.
3. Monthly payments of your bills: You must try to pay your entire bill on time so that you can avoid late fees. It may save you somewhere around from $10- $40.If you can’t remember your due dates then you might keep a track of them in writing or you may also go for an automatic electronic payment plans.
4. Eating out: This is one of the most expensive habits and having a restriction on this can save you quite a lump sum amount. Try to avoid dining out frequently instead that go out for dining once or twice a week. Don’t cook all the time, rely some extent on frozen foods, casseroles, stews etc. Trimming this overhead can save you something around $200-$250 per month.
5. Entertainment: Magazines that you don’t read at all or premium cable channels that you don’t have a time to watch can help you to save a considerable amount of money. Simply cancel their subscriptions. This may help you in saving an amount around $ 100 per month.