Small changes which go a long way!
When we save up money (which is never enough anyway), we usually think long-term, such as a recurring deposit every month, investment plans, or a certain amount which we keep away, after we have calculated how much we end up spending on a regular basis. However, the regular spending in itself may have scope for lessening down, which will increase your savings every month.
We often tend to keep a miscellaneous amount separate every month, but this amount may be flawed, and this leads to needless spending at the end of the day. One can always save up money by making small changes in their everyday lives, which will only help save the money up for emergency purposes, later.
Walking is always a healthier option than taking a cab. If the distance is small, just walk around. We get so used to making things convenient for ourselves, like using the elevator, or like taking the car or a cab for every small journey we often tend to forget that we are depriving our body of much needed exercise as well! Walking for a short distance every day will soon yield results, not just in terms of money, but also in terms of general physical activity.
Choose public transport when possible. Fuel prices are getting higher by the day. And this issue cannot really be helped, since the supply of fuel is also decreasing at an alarming rate. If you can, take public transport when possible. It helps lessen pollution, and it is helping you save money on fuel and on parking tickets.
Go to the big wholesale stores for the monthly shopping sprees. The big supermarkets which sell things in whole-sale, often have very attractive offers for people who buy in bulk. If you think you cannot manage all the goods, and that you will not need them, then get a friend along to help you with the shopping.
Need to go to the fifth party this month and you hate repeating dresses? Instead of going out and spending an abnormal about of money buying a cocktail dress which you will wear only about three to four times in the next couple of years, why don’t you just borrow something from a friend? It is economical, and it will ensure that you look good for the party without having to repeat your clothes.
Subscribe to a bunch of periodicals, magazines, newspapers and catalogues without going through them? Cancel these subscriptions, especially if you do not end up reading them. All of these things are available online. If you feel like the online materials are not enough, and that you must have these subscriptions, then do keep them, but cancel them and try out the online sources first. The internet is a storehouse of information, and one can find almost everything over the web, these days.
Buy the basics: A white shirt, a good bag, blue denims, a black top, a little black dress...If these things are available, then mixing and matching becomes very easy. These articles of clothing are very versatile, and you need not spend on different pieces of clothing for every day of the month!