Something which I was never very good at when I was in my 20s was saving money and as I approached my 30s I knew that something had to change. I began to look for help and found it in the guides which money expert Peter Triassi Montreal used to do online. Having watched many hours of Montreal’s work and having tried and failed at many ways to save money, I have now got this down pretty good and I wanted to share some simple tips which have really helped me to save some cash over the years.
Spend Tracker
When it comes to how much money you spend this is only something which you can reduce ice you actually know how much you are spending. So many people are not in control of this and this means that they are completely unable to recognize the problem that they have. Tracking your spending for even one month is going to have a huge impact on your overall spends and you will be very surprised at where your money is going and how easy it is for that to change.
Ten Second Rule
Staying on the topic of spending, the ten second rule is a perfect way to reduce your spontaneous spending and shows the simplicity of change too. Basically when you are in the grocery store or a clothing store and you pick up something that you would like to buy, stand there for 10 seconds with the product in your hand and consider whether or not this is something that you really need, if the answer is no then put it back and save your money, you’ll be amazed at how often this happens.
Renegotiate
You can really save big on your monthly costs at home if you try and renegotiate with your providers. Set a day aside and work out how much you are paying for your gas, electricity, water, internet and any other recurring monthly service which you have. Once you have done this compare online to see if you can get a lower cost elsewhere. If you do find things for less then speak to your provider and see if you can get a price match. If they won’t match your price then switch to the company with the lowest fees. This could save you at least $100 per month.
Invite Friends Around
It is always cheapest to do things at home than to invite people out and if you want to see friends or have a date night with your partner then look at cool and exciting ways in which you can do this in the home. If you do things at home then you are going to be able to save loads of money compared with all of the costs of heading out and paying someone else’s prices.
Simple tips that will help you to save a little bit of money each month.
