Top 10 Tried and True Money-Saving Tips for Women From Women
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Women are finding the cost of living crisis hard right now, and there has never been a better time for ladies, single moms especially, to find money-saving advice. Thankfully, a recent online discussion shares tried and tested tips for saving money. Here are some takeaways from a female perspective.
1. No Online Window Shopping
“Stay home and don’t ‘window shop’ online,” advises our thread leader. Another poster shares her rendition. “I window shop and then close the tab,” says the consumer. “I get the joy of shopping without actually spending.”
2. Use Meal Delivery Services
Sounds wrong, right? However, this contributor says it has saved her a fortune recently. “I used to go to the store to buy dinner ingredients but would always pick up something else here and there,” explains the savvy shopper. “Now that I don’t have to go to the store all the time, I have saved money by not buying all that extra stuff.”
3. Glamor on a Budget
“Not buying makeup that I don’t need,” is our next lady’s tip. “It helps if I don’t enter stores that sell them, because once I’m in, I’m done for.” There seems to be a correlation between location and spending. The lure of Main Street is like a deadly siren to the average female shopper, so avoiding the possibility of expenditure makes sense.
4. Learn To Cook
Learning to cook is quite an obvious tip, but it will save you so much long-term money. Moreover, preparing meals in bulk ahead of time is a surefire way to financial salvation. “I’m always shocked when people talk about eating takeout multiple times a week,” adds a home chef. “I order out less than once a month.”
5. Automate To Accumulate
“I have my workplace automatically deposit part of my paycheck into an account for bills, part of it into an account for savings, and the rest into an account for spending,” notes a tech-literate commenter. “Out of sight, out of mind!” Understanding how to use a basic app for money management is essential for frugal living.
6. If It Ain’t Broke
“Looking at my peers, I feel like they’re always buying something,” warns the next person with exasperation. “But if it ain’t broke, I’m not buying a new one.” That is sound advice, but it requires a strong mind with modern society’s relentless barrage of commercials invading your every move. Maybe it is best just to avoid society altogether.
7. Say “Bye” to the Bucks
No, not those kinds of bucks, but the daily coffee run budget, which can pile up over a long period. An observer has a coffee plan involving opening a non-withdrawal account that cannot be accessed for X years. “Make coffee at home, and the three dollars not spent at a cafe goes into the account,” she confirms.
8. Embrace the Inconvenience
I pay Google money each month because I am too busy (lazy) to go through my Drive to delete unused files. All I would need to do is spend one hour a week doing so, but I just figured I could make more money working for that hour; time is money, after all. However, one lady feels that your returns will accumulate by not paying for such luxuries. “A lot of it is just cutting out convenience,” she states.
9. All About What You Drive
“I know this isn’t for everyone, but if you can, drive an older car that doesn’t require a car payment/high insurance,” says one humble motorist. “My 2001 Toyota is still doing fine. Maybe not the prettiest or fanciest, but realistically, I’m just driving to work, the gym and the grocery store.” Better still: if you are without kids, consider a motorbike for lower fuel consumption.
10. Needs, Then Wants
“Cover your needs and musts first — you need to eat; you must pay rent,” adds the following thread poster. “After that is covered, check your wants.” Sadly, the needs are dwarfing the wants now; some people are treading water. However, keeping this discipline is important if you want to restore the balance.
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