What are some money saving techniques?

Answer 1

Always start with a list. Divide it into two or more sections showing essentials, nearly-essentials, and non-essentials. You know your way around your local supermarket, so try to write your list in the order you go round the aisles.

Compare prices between brands. Consider whether you need to buy a well-known brand, or if a generic brand is the same. If you're buying staples such as flour, sugar, salt, milk, and so on, you are buying the same thing, whatever price you pay, and whatever it says on the package. Frequently the expensive products and the cheap products come from the same factory: they just put different labels on them. If you pay more for known brands, you are simply paying for their advertising. Medication such as paracetamol, for example, is always just 500mg paracetamol per tablet, regardless of the brand. It's identical.

And do you really need vitamin and mineral supplements? Ignore the marketing and ask your doctor, instead. One visit to the doctor will cost a lot less than bottles and boxes of stuff that you don't need: if your doctor thinks you need a supplement, fine. If not, save your money.

Skin Care products don't work miracles, regardless of the price. A no-brand pump pack of Sorbolene costs little, feels great, and works well. Shampoo and conditioners are all much the same. A four-dollar product will do the same job as a fourteen-dollar product: just don't use too much: your hair won't be any cleaner, and overusing can dry it out.

Use liquid soap in pump packs. There's no waste, and you don't have horrible soap residue and deposits to clean off.

Consider the amount you spend on detergents and cleaners. You probably don't need germ-killing sprays: just a wipe over with a damp cloth or sponge, perhaps with a little dishwash on it, will do the same job. A tiny bottle of antiseptic for cuts and grazes is all you need in the home, and it'll last for ages. And use only the amount specified on the pack of washing-machine or dishwashing detergent; more won't get the clothes cleaner, honestly.

Buy unperfumed products wherever possible. You'll end up not needing to buy sprays to clear your nose: perfumes and other chemicals not only add to the cost of products, they affect your health in subtle - and sometimes not-so-subtle - ways.

Don't believe everything you hear in the media. There is ordinary sea salt, which you can put in a grinder, and then there are many varieties of other rock salts which are promoted as having various minerals and other healthy properties. It's all just salt! If you ate enough of it for the 'healthy' components to make any difference, that amount of salt would make you very ill. And nobody, despite what the television chefs say, can tell the difference: when did you last hear someone say, I'm not enjoying this, they've used cheap salt...?

The same applies to many other products. If you're buying good, fresh fruit and vegetables, eggs, meats and dairy, you'll be well fed. Some products can be different: a good quality butter or cheese, for example, is hugely different from an inferior product. But an egg is an egg. No matter what good things they say their chickens eat, you'd have to live on just eggs for it to make any difference. If you're concerned about ethical farming, buy eggs and meat properly labelled 'free range'; even if it costs a little more, your conscience is worth it, and you'll save by buying cheaper brands of staples.

Buy good quality products in smaller packages. Lousy coffee is going to taste lousy however much you saved buying it. Get something you'll really enjoy, just buy less but good: it's worth it.

Don't be tempted to buy large quantities of anything just because it's on special, or in a huge pack which seems cheaper in the long run. When you spend extra money this way, it affects your budget now, today, this week. There's no point having enough toilet paper or cling wrap to last months if you're going to be short of money next week because of spending big on multi-pack specials.

And never, ever, buy perishables such as fruit, vegetables, eggs, meat, dairy, and other foods in bulk thinking you'll save money unless you absolutely know you'll use them before they go off.

If you overstock on these products when they won't get used, you might as well throw them in the bin on your way out of the store or the market. It'd be better than taking them home and having to clean out a smelly fridge in a week or so!

Every single time you go shopping, remember, ignore all the marketing!

People like to say they're not influenced by advertising, but we all are. We just need to work on that a little.

Manufacturers spend billions convincing us that we really need their products, but the cost of their advertising is included in the price we pay. In other words, we pay extra so a company can pay marketers to convince us to pay extra for their product. How dumb is that?

Answer 2

You can save money in many diffrent ways , heres 5 easy and simple ways of saving money, for anyone of any age!

1. Dont waste money on buying fancey and exspensive shower gels , hair shampoo or conditioners, get things like tesco , sainsburys , waitrose own that will still make your hair/body smell nice and look clean but without the big price.
2. Dont waste money , if you are over 18 and are looking into something like a tatto , or periceing , then wait untill you are sure you have the money , its more important to keep yourself hydrated and have food than something witch can be seen more as a pleasure.
3. Dont buy things you dont need , if you dont need something like , one of the new top phones or a pair of shoe's then dont buy it , treat yourslef when you need something like a new pair of shoes because you other shoes are brocken and un able to wear and look bad ect.
4. Dont buy top branded and exspensive clothes , if you really want to spend money but still have nice clothes their is a way , many shops sell nice clothes and are at a good price , like Primark they sell nice or pretty clothes that are at good prices so you can look nice without the high prices.
5. Dont buy foods from expensive places , you can get good food from other places for lower prices but if you would now and then like to buy yourself a treat such a some nice wine or a posh cake ect , then thats not a rule not to !

i Hope you have found this very helpful and i hope that this can make a change and help you save money! thankyou :)

Answer 3

Some money saving techniques include adhering to a strict budget that is planned in advance. Also, using a cash only expenditure system will ensure you do not rack up unnecessary credit card debt.

Answer 4

The person must spend less than his or her income.

Answer 5

There are numerous tips to save money. The most common ways people save money are use coupons, get rebates, get generic brands, and only buy what they need.

Answer 6

dont spend it?