Living in the cost of living crisis, where more and more people are uncertain whether they will be able to afford a warm meal and their home rent in the coming months, can be scary.
No wonder more and more people are taking a step further in keeping that wallet tightly shut if possible. “What are some interesting life hacks for saving money?” someone asked on the Ask Reddit community and the responses came flooding in.
Armed with exceptional ingenuity and often unusual approaches to spending and saving money, people revealed what they do when prices are beyond control. Scroll down through the most interesting responses below!
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Don't have kids
Having just spent an absolute fortune on winter clothes for my kid, half of which he bloody refuses to wear for one reason or another, this made me laugh out loud (and want to cry too!)
Try second hand stuff. Its less money and the clothes are uduslly pretty New bc kids outgtow them soon. I do that with my kids, the oldest gets fearlly New sec hand, the middle then wears it, and the baby boy get some unisex from his sister and some of his own sec hand. I only buy under wear New from store
Load More Replies...I guess I will be downvoted, but I don't think this belongs on the list. Whilst you shouldn't plan to have kids/pets you can't afford. Once you have them they are your family and part of your life. Yes they can be expensive but they aren't like a loaf of bread or a gym subscription -they are children/pets. You can't just pick them up or drop them when it suits you or you decide it too much
I agree with you but I also think it does belong on the list because of the "shouldn't plan to have kids/pets you can't afford" part. I think that's the point being made here, that in terms of financial stability and long term economic consequences, there's more solvency in choosing not to have children. Assuming that you live in a location where you can make reproductive choices.
Load More Replies...It is true though, you save a lot of money by not having kids
Load More Replies...Plenty of parents I know regret having kids and wish they never had them. Not all are worth the hassle
Load More Replies...My friends without kids retired young, travel all over the world on the money they saved.
To find out more about how to make ends meet in times of cost of living crisis, as well as practical tips to save money from a finance expert, Bored Panda reached out to James Andrews, personal finance and savings expert at Money.co.uk who happily shared some insights.
“You can see the signs of a cost of living crisis through rising bills - the latest inflation figures show households are paying 88.9% more for their electricity, gas, and other fuels than they were a year ago. Meanwhile, food prices have risen for 15 months in a row, and are now 16.4% higher than last year,” he said.
Always eat before going food shopping
True that! Being hungry makes you want to buy all sorts that will most likely end up in the bin or permanently on your waistline!
but,the thicker the body,the more difficult the abduction
Load More Replies...I tried this trick a couple of times and it didn’t work for me…ended up not buying many groceries at all…then when I actually was hungry I had no food LOL!! 🤦♀️
Go to the store hungry, then get a doughnut from the bakery immediately and eat it while shopping. You are satisfying your craving for junk, but not being so full that you don't buy enough groceries because nothing is appealing.
Load More Replies...If I don't shop hungry, I'll only buy Tic-Taks and cat treats. I have to shop hungry to make sure food makes it to my apartment.
I learned that lesson the hard way. Went to the market to buy two things: bread, and milk. Spent $80 (mid 80's, so about $230 in today's dollars). Did not remember bread OR milk, but did get a rather large amount of chocolates & snacky cakes.
When at the grocery, look at the price/oz or whatever unit it is instead of the total price. It's usually posted in one corner. It's not going to save you tons of money, but it does add up. Plus it takes out the guess work when comparing similar items.
This is really valuable advice and should be higher - especially for products like meat and cheese. You can often buy a greater portion for the same ticket price when you compare per 100g price rather than than the packet price.
Only time I avoid this is when the food is in an to large quantity, and will be spoild before use.
Load More Replies...And contrary to popular belief : larger volumes are not always cheaper per unit of measure. Belgian supermarket, large bottle of no1 ketchup brand cost more per liter than the smaller bottle.
Same with some coffee brands in Czechia. Just recently I found XXL jar of coffee, which was (i think) twice the size and more expensive per kg than smaller one.
Load More Replies...But also make sure, if you’re buying stuff like meat, you don’t buy so much most of it goes bad because you couldn’t eat it quick enough. Look for a balance between affordability and usability.
I do this all the time so I know what I'm paying for how much and compare all the prices to get me the best deal. Comparing all brands.
SO helpful especially when packaging can be very deceiving! I almost bought three pounds of meatballs just yesterday for $15 by a brand that's new to me, because it looked slightly bigger than the usual brand I buy that's five pounds for same price! Reducing even incremental waste definitely adds up.
Sometimes the sale item is more expensive than the regularly priced item.
In most stores the cost per X is listed on the shelf price label . . . in very small print. I've shopped using this cost for many years. It's amazing to learn how a "family size" or a "giant size" costs more than a couple of individual sizes, on some food products. Pay attention to the unit cost.
Larger amounts don't always mean it's a better deal. Take a calculator. Some stores don't put price per Oz on everything
I don't smoke but live my financial life as a smoker. Meaning every Monday I transfer the sum of one weeks worth of cigarettes to my savings account. If people that earn less than me can afford smoking, so can I.
Back when I was a student, after I quit smoking, I kept putting cigarette money aside. Very soon I had enough to take my boyfriend on a romantic trip to another city. Seeing the money accumulate definitely helped me quit!
I used to smoke and always said if they raised the price to $5 a pack I'd quit. Well, they did (and a lot more). My last cig was August of 2010. I'm glad they raised the price, tbh. And I wish they invented vaping sooner. That's how I was able to quit.
BTW, besides my rant post below, you deserve sincere congratulations on quitting smoking! I hope you are free from the vaping pen, as well!! Side note, were vaping pens out in 2010?
Load More Replies...I quit smoking and started vaping. Saved *thousands* over the course of five or six years. Quitting vaping now too - haven't had nicotine in my juice for over two years!
Good for you!! Wishing you the best on quitting it all!! :)
Load More Replies...My mother smokes between 20 and 30 a day. A pack of 20 costs approximately £11 in the UK, so that's well over £100 a week. She spends more on cigarettes than she does on food or household bills, and then complains that her pension isn't enough to live on and she has to dip into her savings every month. She's never made a serious attempt to stop because she enjoys it. Trouble is, she's getting frail and elderly and has fallen a couple times, and is struggling to cope on her own, but she won't go into sheltered accommodation or a residential group home because she wouldn't be allowed to smoke in one. She'd rather risk falling downstairs and breaking her neck than give up smoking.
So sad, but unfortunately, this scenario plays out more often than you think. :(
Load More Replies...My wife and I gave up smoking and 20 weeks later went on a 3 week holiday with the money we'd saved. It's been 12 years now and we've been on lots of holidays!!
I'm happy for you and I'm glad it works, but how did you decide to use smoking as your savings "vice"? BTW fellow pandas, I know the OP won't see this so I guess it is a rhetorical question but I still am curious. Lol
On top of that, “rate rises by the Bank of England mean the UK base rate is an astonishing 30 times higher than it was a year ago, adding thousands of pounds to the repayment costs of anyone on a variable rate mortgage or exiting a fixed rate mortgage,” Andrews added.
Andrews argues that while some of these price rises will take a while to filter through to everyone, many households are already struggling. “Figures from the Money and Pensions Service last week show more than 11 million people sought out money help in the past three months alone - with Brits asking energy providers and banks for extra support as well as hunting for free debt advice.”
Don’t buy something that you normally wouldn’t buy just because you have a coupon.
Your not saving x amount, your spending x amount on something don't need.
Unless it's pizza. You always need pizza, coupon or no coupon...
Load More Replies...I've often seen the store brand go for about a dollar (US) or more less than the national brand with a coupon. IE: National brand napkins $12.00 US, with $2.00 off coupon... $10.00. Store brand $8.50. So I buy the store brand and chuck the coupon. But not all are like this and of course, not all store brands are as good. Also, shop at ALDI! :)
Most things that use a coupon are things I don't buy anyway, like highly processed food.
Also don't buy stuff at a wholesale place in quantities that you could never possibly use. Every year my husband buys a double jar set of horseradish bc it's only a few dollars more and every year I throw out 1.9 jars of horseradish because it's way past expiration. Does that $hit go bad? I can't tell; I think it's always nasty...
Well I've seen some people that coupon. And they seem like they do pretty good for what they get. I don't do it because it stress me out and it's a lot of trouble and because I just usually buy the cheap brand and go on. But I got to give those people credit. Some of them know how to do it. And it is pretty cool
Sale, not coupon. If you are using a coupon then it is probably a planned purchase that you wanted to make.
Get yourself a library card. It's not just books, but also movies, workshops, education, software, computer time, music. I've probably saved thousands on all sorts of c**p.
If it weren't for the library, I probably wouldn't have been introduced to awesome books like American Gods, The Way of Kings, All Systems Down, or The Road.
Thanks to government cuts, 900 libraries in Britain have closed in the past 10 years, and many more have strongly reduced hours to the point where they are inaccessible to anyone who works during the day. It's a tragedy. Cherish your library. Use it if you can. We need to show there is demand for them. I love to take out graphic novels from my local one, as they're so expensive to buy and I read them way too quickly.
And in USA if a certain political group comes to power, many books will be banned.
Greer - those people are the worst, and a serious threat.
Load More Replies...Yes! And there are no late fees. I just figured out how to get library books on my phone in March (I'm a bit slow), and I've already listened to 423 since then. Audible has started offering me deals to start using them again.
Load More Replies...At my local library, you can check out a mobile internet hotspot.......free internet. Ive never paid for internet in my life
Had a girlfriend who lived in my apartment complex. Noticed that, over time, she had many different framed prints hung over her couch. Asked her where she was able to store so many big pictures. She told me you could borrow them from the library. I had no idea!
Yes! I rent movies, books and video games at my library for FREE instead of buying it (they have a great selection). Only cost 5$CDN to get my card done and there you go! You can keep what you rent for 21 days and you can easily renewed it online or in person if you're not done with it yet. You can also reserved anything and you will received an email telling you the book or whatever is available for pickup.
Libraries are the most wonderful invention of all time! You can learn anything, go anywhere, have whatever adventure you want, meet your hero . . . . . Library &/or library location is one of my most important criteria when I move.
FYI for New York State residents: all New York State residents can get a library card for the New York City Public Library. They have thousands of e-books online.
At my local library, you can borrow baking and cooking tins, it's brilliant. They stock specific types of baking tin like a madeleine tin, rhum baba, bundt tins, tins for cream horn patisserie, elaborate jelly moulds etc. The sort of baking tray that you need for a specific recipe but wouldn't be worth buying just for an attempt to bake something more exotic.
Libraries in the US are so much more especially in certain areas. We have multimedia equipment, tablets, vinyl, record players, rokus and that is just the physical stuff. Most libraries now have digital services for everything from books to movies and also have a large collection of learning services. Want to learn a language, learn to sew, programming most libraries will have some service or another. Always support and vote for funding for libraries they will save you thousands in one year alone.
I have a friend who, at the end of each pay period, moves whatever she has in checking into savings. It doesn't matter if she's got $5 or $50 in the account, it goes into savings the night before payday.
The hardest thing I've had to learn so far in my life. Still not mastering it just yet...
Load More Replies...As a banker- that could be a little dangerous. I would always leave-if possible- about 200 bucks in your account. If for no other reason that if you need to pay something in an emergency and don't have access to wifi in order to transfer the funds through online banking you'll at least have a little bit to use. It happens all the time. People call up angry because their phone has no wifi service and they're stuck on the highway waiting for a tow truck or something and they need to pay them, and they had to wait 20 minutes on the phone to get a person on the line in order to do the transfer so they can make the payment. Things like that come up. You end up in the hospital. You're pets get hurt. A pipe burst in the middle of the night and you need to get an emergency plumber. Etc etc. You don't need to try and trick yourself- just be frugal. Be more aware of what you have in your bank account and remember what you are saving for.
Telling someone to just be frugal is advice from someone who doesn't have to worry about money. Banks and bankers make huge amounts of money off people who don't have a spare $200 to just leave in their checking account. US minimum wage is $7.25/hr or $290 a week. When you are poor, you take the money out because its better to have the rent money at the end of the month and owe the bank overdraft fees. When you are poor, you're not calling a plumber in the middle of the night. Instead you're turning off the water to the house and going to the bathroom at the local convenience store until the next payday. The poor aren't "frugal" when they eat peanut butter sandwiches and ramen - its all they can afford.
Load More Replies...I do a slight variation on this. Years of experience have given me a general amount for my monthly spending, so when a check comes I I put an amount slightly larger than that in checking and the rest in savings. If it isn't in checking to start with it becomes a conscious act to spend more than usual. But, of course, that means I'm fortunate enough to make a little more money than I need. That's not true of others.
Yep, please explain how to save whim this is your reality!! :(
Load More Replies...Back when cash was king I used to only spend notes, coins received in change went into a jar that I then put in savings when the jar got full.
Ahhh, if only I HAD ANYTHING AT ALL, in my checking account when I received my next pay, I would love to do this!! Great idea, by the way!! :)
I put all my change and ones in a jar when I get home - when things get tough, I can pull some out but I usually can save a couple hundred dollars in a year
Although saving money when prices are soaring can feel daunting, Andrews says that the best way to address this is to try and save a little each month.
“This small saving will then build up and really help in times of need. If you have money leftover at the end of the month, move the money into a savings account the day before payday,” the finance expert suggested. Andrews added that setting a reminder in your calendar to check this will help you to remember to act.
“The top-paying instant access accounts are currently offering more than 2% interest, so any money you have that’s earning less than that should be moved,” Andrews explained.
learn to cook! 4 or 5 reliably delicious recipes will go a loooooong way.
Yes me too. It something everyone should kind know just Incase. I mean I cook a lot. At some point in time in your life you probably are gonna have to cook unless your like loaded then maybe even then.....
Load More Replies...this one is huge!!!! not only can it save you money from eating out but you can also save money by eating better and it can improve your health. Help you lose weight. It's essential to a great life!
Yes this is important anyway it kind of something you need to know in life. Wether you be a man or a women. You need to know how to cook. Incase you need to.
I would add to this to try and find or make things that are grab and go. I know the #1 reason I stop on the way home and get take out is because i'm not too tired to cook or even reheat what I took out in the morning or cooked yesterday. So I always make a couple of sandwiches, premade salads or and some grapes or something, or even a cheese and meat tray so if I'm exhausted I can just grab it and sit down and eat. There have been times I literally go to bed hungry because I'm just too exhausted to cook after my long bad day. I started buying a couple of premade sandwiches or salads and even if I do end up cooking, I can always have a salad with it so it won't go to waste. And sandwiches will last in the fridge for a few days so I can always bring it to work for lunch or something. While it seems costly, for me it actually saves me the money I would end up spending on take out.
THIS! I calculated, if I make a really stuffed Pizza ... everything I like and fits together, the expensive mix (olives, capotes, artichoks, chili, ...), I spend about one circular frozen pizza's worth in ingredients, but what I receive is about 2.5 times the size, has way better and denser stuff on it, and the cheese-replacement I do (I'm one of those people restricting their diet to have a reason to preach and annoy ... or the other way, the other intention ... how was it?) is a lot better than any and every of the frozen pizza ones I had so far. It's not even from scrap, you can buy a kinda decent pizza base at the store for reasonable money, ... next, tomato sauce for use on pasta - hell, it's so much better, the very basic sauce with nothing but essentials, that no amount of extras and optionals can make up for the pale taste of any instant tomato sauce - and I have any and every free choice to add in whatever I want, like, find worth a try, ... eating instant stuff is basically earning a few hundreds less a month, disappointing your tastebuds and lacking an essential cultural technique. Also, you may end up out of other options - not the time you wanna learn how not to end up having broken potatoes on your plate...
If you can avoid it, never take out a payday loan.
I've seen the adverts on TV , and often the interest is something crazy like 1000% . They should be banned.
No matter what avoid it, that's it, the end. You are better off going negative than a payday loan that will eat up your next years or more chunk of income paying off the interest.
Sometimes there is no other option and they exist only because of that. They are legally allowed to prey on the desperate.. No one wants to take a payday loan. Little Jimmy got hit in the mouth by a rock thrown up by a passing car and has two broken teeth. You need $300 just to get the dentist to see him. This month's heating bill is $200 more than last month and more snow is coming. Its a payday loan or no heat.
Load More Replies...Many states are starting to impose interest rate limits on these companies. For example, in Nebraska, payday loan places cannot charge more than 35% APY and more than a 10% origination fee (my best remembered guess with those numbers) as opposed to 557%!! Within 3 months, nearly every short term loan place in Nebraska closed their doors...good f**king riddance
I'm a financial writer and this one is so important. These places are evil and, sadly, enabled by corrupt politicians. Some states have limits on interest but those limits are still obscene, usually between 250% and 360% interest annually.
Buy secondhand!
Today I have secured myself a solid pine desk for my daughters room, no marks or damage, for £10, and a worn-once, three piece navy suit for my son to wear at our wedding next year, also for £10.
I buy maybe 80% of my stuff secondhand. I bide my time, wait for a bargain, and I have saved sooooo much money over the years.
Uh. This one is not for me. It's related to my teenage period when my family struggled with poverty. All clothes I had were second-hand, and they all had a persistent, unpleasant smell of disinfectant that wouldn't come off no matter how much I'd wash them. And this was a constant reason for bullying at school.
I’m with ya, that smell is forever ingrained in my mind….I can smell it now. Though, having to wear the cheapest thrift store clothes did push me to develop a “style” I don’t think I would have adopted if we were able to afford new clothes.
Load More Replies...Second-hand furniture is not only great value but so often better made! YOu don't get dovetail joints in Ikea!
People always wonder how my wardrobe is so big, but when I buy it all second hand, the cost of my closet is probably under 200 dollars.
Where I live there is a secondhand furniture warehouse. I recently got a pair of pine 3 drawer bedside cabinates for £60. They are in perfect condition and new would have cost me more then that just for one of them. :)
Would you check to see if they have a writing desk, please. It will need a spot for a large kitten to attack the writer.
Load More Replies...I actually found my wedding dress at thrift store for $20!!! It was beautiful n cool n comfy...loved it!!!
Yes this will save you so much and you can find name brands and sometimes brand new cloths.
And if you get to know the employees really well, they'll let you know when something that you want/need comes in.
Many people find it daunting to drastically change their spending habits, and they may feel at a loss of where to start. Andrews argues that a great start is to take a look at your current position and find out how much you’re spending every month.
“The first thing to do is to lower your bills. If you have any debts, you could also pay less interest by moving to a cheaper loan or even a 0% credit card, as it makes no sense to pay banks more than you need to,” he said.
Making one extra payment on your mortgage per year will reduce a 30 year mortgage to roughly 17 years.
I think the OP is in the ballpark. Making those extra payments will massively reduce the amount of interest you pay on the mortgage.
Load More Replies...I just ran some numbers....$320,000 30-year, fixed rate mortgage at 6.383 = monthly payment of $1998.06. One extra payment of that amount pays it off in 24 years. Three extra payments per year pays it off in 17 years 9 months.
You have to factor in that the first twelve payments are a combination of principle and interest, but the extra one is pure principal. The effect is refinancing your mortgage every year with a new lower principal but same monthly payment. Secondly, it all depends on the interest rate, which the OP never stated. The higher it is, the likelier his calculation is correct.
Load More Replies...You must make the payment to principal, not interest. Your mortgage payments are set up so your first payment in 99% interest, 1% principal., next payment is 98.5% interest, 1.5% principal, etc. By making 1 extra payment a year to principal, you are literally taking years off your principal in 1 payment.
It depends on the interest rate as the higher the rate the greater the impact. I have my own spreadsheet and if it's right at 10% you only knock about 9 years off the 30 years by over paying each month by the equivalent of 1/12 monthly payment (I'm in UK)
Yes, overpaying each month is even better than waiting till the end of the year to send in an entire extra payment. That way, you'r reducing the principal thoroughout the year and thus reduce the interest owed. Of course this whole discussion is really just the argument for getting a 15-year mortgage.
Load More Replies...His mortgage didn't have any penalties for paying off his mortgage early. Not all companies do! The more reputable ones type calmly do not. That is why you should really be careful when getting a mortgage. You should definitely know these things BEFORE deciding on your mortgage lender! Be smart, do your homework, and be VERY cautious and aware, of predatory lenders!!
Load More Replies...The interest would have to be astronomical for this to be true. However, overpaying is a great idea and will shorten the mortgage significantly.
Only drinking water is a solid one. Soda at restaurants or other drinks add up a lot.
In some places, bottled water is just as expensive, if not more expensive than a soda!
If you can't afford the drink, why not just cook at home and save money on the food as well?
Exactly, don't go to restaurant if you can't afford it
Load More Replies...Oh, but it kinda is bad. I went to a restaurant a few weeks ago and I got a drink for 6 times the price you'd find it for in a shop! It's freaking crazy
Load More Replies...Agreed. If you're going to eat out you may as well order something you enjoy. If you really want to save money just don't eat out.
Load More Replies...
If you can buy a tool to complete a repair for the same price as the repair itself, buy the tool and repair it for free next time.
I have had to show this to my dad. He never really gathered tools. I have many tools now (not the really expensive ones, just the good ones) and I always have to show him how handy it is to have the main ones when things go wrong.
Load More Replies...As long as it's within your wheel house. I can't solder, braze, or weld very well at all and I have a few things that I could have fixed instead of having them repaired if I had these skills. So really solid advice here as long as you know your limits
I don't consider them in the same field tho, especially welding. Soldering electronics or pipes is easy enough and cheap to enter. Also about 60% of broken electronics are one wire/connector away from working, just got to open them up
Load More Replies...I'm on the fence with this one. Yes, it's always handy to have a tool you need when you need it, everyone should have a set of basic hand tools. For more expensive and specific things though? Yes it's awesome having a welding machine, or 8 different variations of power saws, but unless you're going to be using them regularly, it gets real expensive, real quick for something that you might not use more than once. Over the past 10 years or so, more and more places have been starting "tool libraries" and it's always a good idea to ask family or friends to borrow something, and get some guidance on usage before you shell out a bunch of money.
But I hate DIY, and I'm happy to pay someone else to do it for me. I'd rather spend my time doing something that I enjoy. The way I see it is there are two costs: money and time. However, I understand that not everyone can afford to outsource these kind of jobs.
If you don't know how it's done, how do you know it's done right?
Load More Replies...Most of what you are paying for in the cost of repair is the *knowledge* of how to do the repair (or any requisite legal qualifications in the case of gas safety etc.). There's an old joke which ends with the approximate punchline "It's £10 for the hammer and £200 to know where to hit"
Yes it will save you so much money if you can learn to do it yourself I know it not aways pleasant but it will save you a lot.
Also learn DIY. Speaking from experience, owning a tool means jack s**t if you don’t know how to use it
Another tip from Andrews is to look to see if you could switch to a cheaper mobile, broadband and TV package too. “If you’re out of contract, that should be a cinch, but even people within a deal can sometimes save if they ring up and ask.”
You may also want to take a look at your subscriptions - “are you still getting full value from them or are there any you could cut, pause or reduce if you’re feeling the pinch?”
Never underestimate the power of simply taking a good look at your bank statement, as it will clearly show where else you’re spending money, like takeaway coffees and taxi journeys, Andrews said. “Once you have this information, you can start to change your spending habits and reduce costs wherever possible,” he concluded.
When buying online, leave items in the shopping cart for awhile. There is a good chance that the website is tracking this, and will lower the price overtime to entice you into buying.
I've saved a lot by being patient. Like when I got a surround sound amp for $350 that was listed everywhere for $450 to $500, just by leaving it in the online shopping cart for a week.
That doesn't work here in South Africa. Prices are fixed and unless there's some big seasonal discount that amp is staying at $450 if even if you leave it in your cart for months.
I don't think it works anywhere, TBH. Prices may go down after a week, but it's easy to check by using a different browser/computer and see that the reduced price is available to everyone, not just the person that's had it in their basket for a week.
Load More Replies...Yes. I can't speak for other countries but in the US this works a lot especially for sites like Etsy and Shopify. If you leave it in your cart the merchant is notified and they will send a coupon for the item within the week, sometimes less. I've seen it with a lot of sites.
Yes!! Frequently if you leave it in the cart, you’ll get a “still thinking?” email and they’ll offer you 20% off or so. I’ve had this happen many times!
After a few days/weeks you might also find you don't really want/need that thing in the cart after all. In other words, avoid impulse buying.
Yes they have done that Amazon before when I had to buy something on there
Or they'll send you a coupon code to complete your order, had that happen a few times.
or if you are a person who buys tons of stuff online, just keep it in your cart for as long as you need the therapy to realize that you don't need any of the stuff you looked at.
Make your own lunches for work. The cost of making/preparing your lunch for the week can be less than what you pay buying one days lunch. Also, can provide health benefits.
Packet of noodles with flavouring:- 55p Portion of frozen mixed veg:- 20p Hot water from a kettle plus 3 minutes in the microwave:- 10p Tasty, healthy lunch for 85p!
I always take my lunch to work. Not only do I save money on the actual lunch but I don't drive to get it so I save gas as well. Plus it keeps me from eating more than I should!
If you're low income, **apply for foodstamps** (or whatever your city/state calls the equivalent). Seriously, there's no shame in it. I neglected to apply for several years when I was really struggling because I had to unlearn the stigma that they had when I was growing up. Times have changed. ***If you need help, don't be afraid or embarrassed to ask for it.*** I qualify for the maximum amount where I live. It doesn't cover my monthly food expenses but it gets me through a few weeks and I could make it stretch if I really needed to. It never hurts to apply.
Very smart. Most states now use a debit-style card, which limits shame at the register.
Also apply for WIC if you have young children. Their income requirements are higher than food stamps and you get the staple foods like milk, cheese, eggs, cereal, and fruit. There are some restrictions on what you can get, but they’re based on health, not brands. I was using WIC with my first child and learned how delicious frosted shredded what cereal is… I would have never purchased it if not for the restrictions on cereal.
My favorite cereal is accepted on WIC and I wouldn't have tried it otherwise!
Load More Replies...Your local "food pantry". Food banks are distributors that provide foods to pantries.
Load More Replies...Remember, the government's intent is not to subsidize you. It's to subsidize the farmers (who need it).
Man food banks don't require much, if any, proof of hardship. It's the stigma that keeps people from coming to them, too.
Don't buy the cheapest option. Often the middle priced option will be the best value. Things that are too cheap are worth what you paid for them.
Gross over-generalisation, may have a grain of truth for some specific types of products, but should not be taken as a general rule.
And in many cases, merchants know this trick and often price their items in the 'middle' and purposely put things they could care less if they sell at the bottom and top in order to entice people to buy them. There have been studies that show that people, when presented with 3 similar items and with no knowledge if one is better or not, will always go for the middle priced one.
Load More Replies...Bad advice. Instead, look at 'cost per wear'. An example: I bought a warm winter coat bought for £150, but it has been worn over a 100 times in the last 4 years. Compare this to a summer jacket, on sale for £15, and wore it once. The colour wasn't right, and I didn't like it. The woollen coat cost me less than £1.50 per wear, but the jacket was £15 for that one wear. .... .... ... Buy what is appropriate to your circumstances.
This isn't correct. The middle priced item will have the largest profit margin as it what most people will go for. Often the cheaper item is just as good.
Also depends on what you're buying. I don't mind having the absolute cheapest socks, but if I'm buying safety shoes I'd rather spend more for something reliable.
Load More Replies...Beware of outlet stores. Biggest rip off. Years ago bought some luggage I thought was a deal—name brand but so cheap. Lasted one trip before it literally fell apart at the seams. Outlets either sell inferior products produced specifically for outlets or price items higher so the discount price looks better.
Exactly you're paying for the name brand at those outlet stores and its products they can't sell in the normal store or it's last year's merchandise that didn't sell...learned this the hard way too!
Load More Replies...Wal-Mart and other big stores have discount rack. I use them. $12.99 shirts for $3 and so on.
Of you have to buy the cheap thing over and over, you're going to pay more than buying the quality thing once.
Check all clothing before buying no matter where you are buying it
Don't drink. Alcohol is a money drain.
While it is true that alcohol is expensive AND bad for your health, I do LOL a bit at the “just don’t drink”/“just stop drinking” type of advice. As someone who has struggled with substance addiction, even knowing something is bad for your wallet and bad for your body doesn’t mean you can “just” stop. It’s hard as hell.
F.U. How am am I supposed to deal with this crippling debt and resulting depression while being sober! s/🤣
But having a glass of wine after work or with friends also adds joy to your life, so maybe balance this out a little.
I will alter that do don't drink outside the home. Restaurants and bars have an incredible markup. All things in moderation.
Many people drink as a method of self medication for anxiety, depression, and many other ailments. A poor person in the US can't afford health insurance and the deductible to go get treatment for their health. Many more people can't get past the stigma of asking for help. For the cost of $4, you can buy two 40oz cans of beer and forget the mental anguish or dull the physical pain long enough to fall asleep. Its not healthy, but its the coping mechanism they've found.
This is not mine, but 'The 72 hour rule" is pretty damn helpful. Basically, the gist of it is, if you want something that is not a necessity, instead of buying it immediately, add it to a list (in my case I use a spreadsheet, but whatever works), then wait 72 hours. If after 72 hours, you still want it, then you can buy it. It seems that 80-90% of the time, after the 72 hours is up, I don't end up buying the item I thought i wanted. The reason I like doing it with a spreadsheet is, I can then at the end of the year, easily add it up, and see how much money I DIDN'T impulsively spend. EDIT: It took me a while, but I remembered where I picked this idea up from. It initially came into my world from listening to the ChooseFi podcast interview with the Frugalwoods. Here's the podcast: https://www.choosefi.com/012-living-frugal/ and here is her original article on it:https://www.frugalwoods.com/2017/01/09/my-foolproof-method-to-stop-impulse-spending/
Adding to basket gives you an endorphin hit. So add to basket and then close the site, and check back in 3 days.
Consumerism is founded on getting endorphin hits. Anyone with an once of self reflection understands that the high fades only a few days after a new purchase. Then the attention given to the new item melds into your background.
Load More Replies...My Amazon cart gets moved to "save for later" a lot of the time. I'll go back and check the "save for later" list from time to time and I always end up deleting most of it. If I still want it after a week or so, I'll move it to the cart and wait till payday, then if I still want it by payday, I buy the cart. I almost never buy anything anymore haha but the process is still important somehow
Reminds of of a Family Guy episode where Peter really wanted something stupid and Lois made him count to 10. He forgot why he wanted it. 72 hours is probably reasonable for most things that are not an emergency. Most websites have a "wishlist" that works great for that.
I do this, but not just for 72 hours. I'll go back and forth on it for months or even years, and by the time I've decided to buy, they raise price significantly.
Or the next generation comes out and it’s not only more expensive but cheaply made this time around. I’ve seen this with juicers, device holders, so many things.
Load More Replies...I always put stuff that I want, but not really need, in my "basket". Sometimes it stays there for weeks, till I decide, if I want to spend my money for it, or not.
I shop catalogs a lot, so I just tear out the page of the item I 'think' I want, wait a few days, and look at it again, and often I pass on it and don't spend the money.
I try to cost things as portions of better, or more fulfilling things i.e.
A coffee is 1/10 of a new game. Ten meals out is a weekend away etc.
Finally somone reasonable. Folks see, everything is measurable using bananas for scale
Load More Replies...Another way to think of it is 'How long would I have to work to earn this item?'
That's how my parents explained the cost of things when I was little. It's always stuck with me. Time is finite and irreplaceable. When I buy something, I'm exchanging my time for it.
Load More Replies...I'm the opposite on that last one. I've never had a holiday because £1000 for a week somewhere else is an amazing bed that will give a decade of comfy sleep. Or all sorts. Everyone who has a holiday usually says how quick it went, but replacing all your towels and linens with high quality Egyptian cotton stuff is nowhere near the same cost but makes every day a little nicer.
I did this when young. I's ask myself "How many record albums could I buy for that?"
That's really smart. I've started thinking in terms of pieces of $100 bills. I only have three $100 bills left over after my monthly bills are paid, meaning a $20 movie ticket is a fifth of one of those $100s. I'm much less likely to go to a frivolous movie when I can wait for it to come on TV for free.
I don't spend $1 bills. I collect them in a box and at the end of the year I usually have a few hundred dollars
Does this really save any money at all though? I mean unless you're not buying the same stuff you'd already buy.
I only know of one profession that still uses $1 bills. I have not personally used cash since early 2000's
Japan has a 500 yen coin, maybe $4 or so dollars in value. Collecting them can add up over a year.
I toss change Into a jar. Never less than $50 when I empty it
I had an uncle who did that. Saved quite a bit. But not possible with a card. My bank has this 'round up' thing where it rounds every purchase up to the next dollar and sends those cents to savings. Small, but every bit helps. Especially when you don't even have to think about it.
Acting broke. Trust me. Nothing helps you save more than acting broke. And there is a way to do that without becoming a mooch. Eat at home if your friends have a dinner plan at an expensive place. Pregame if you're going clubbing. And if anyone asks you why aren't you eating/drinking/coming for that vacation just say you're broke. I learnt this the hard way. Because I remember becoming a recluse and slowly stopped socializing just because my friends always had these extravagant and expensive plans and I realized it really started weighing down on me. But eventually I learnt that there was no shame in wanting to save money/being broke and definitely none in saying so.
And if you tell your friends you are broke (and they are true friends) they will adjust their plans accordingly to something more affordable so that you can spend time together without spending huge amounts of money. i.e. pizza night at home instead of expensive restaurant.
Exactly. Good friends won't mind changing their restaurant choice or picking a different activity to include you.
Load More Replies...Acting broke? Some of us are upside down every week/month. There's no acting about it.
Don't have to act broke when my grocery bill is $100 more for the same stuff.
I have to do this stuff anyway.......so because I have to put my family and bills over what I want. Sometimes you want to do this or that but you can't afford it. It sad yeah but it's better then getting behind.
My husband does this he grew up poor and even though he has his own business he still chooses to save money like he always did. I think that's how he's managed to keep his business afloat after Covid. Many of his competitors have gone bankrupt so I believe there's something to this!
Try buying reusable objects in place of single use ones. It's better for your wallet and environment. Steel water bottles, reusable K cups, dish towels instead of paper towels, etc. Over time the costs of little things really add up.
Found that out when I bought a diva-cup. Hell those monthly products are expensive! You're not aware until you stop buying them.
I have a type of IUD, no periods at all. One of the best things that's ever happened to me.
Load More Replies...Shaving. If you shave daily and use those smart shaving systems (I had gillete mach 3), you will use one 8 pack in a month or so. I don't know how much it costs elsewhere, but here it costs 400-500 crowns, which is something like 20-25 USD. If you buy old style blade, you can buy cheap one for 500 or 600 crowns or pretty good one for 1500. Or really good and really nice one for 5000, but that seems like overkill. So, good blade cost about the same as two or three months of those super blades (that cannot be recycled) and it will serve you for years. And years. And years. Good quality blade (one in the 1500 to 2000 range) will shave you everyday for next 50 years and then it will still work just fine, your grandson can iherit it. Maybe you heard that it takes longer to shave, I can say that I get shaved clean in 5 minutes from getting in the bathroom to tossing away the piece of toilet paper with remains of my beard.
Though, seriously, a bidet saves on toilet paper and gets you much cleaner.
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Learn how to login to your online banking system and review your statement regularly. You'll see how quickly money flows out for coffee...snacks.... and unnecessary purchase. Also set a budget and STICK TO IT.
This is the advice that you shouldn't buy Starbucks etc and maybe you'll be able to afford a mortgage..
Not at all. They are advising to be AWARE of what you’re spending on Starbucks. And to set a budget, INCLUDING Starbucks if you should so wish, but to STICK to the budget.
Load More Replies...This is not a hack. Keeping track of your spending is basic stuff.
But you have to phrase it as a hack to get people to listen. Sad, but true
Load More Replies...Isn't it normal that you look at your bank account regularly? You learn that at 18 years old!
YES YES YES. I'm a banker and it's infuriating to me how many people still use registers and either forget to write things down or get themselves all messed up because they assumed something was taken out of the account that wasn't. They end up calling us to go over all of their charges in their account for an hour because they can't figure out where they made a mistake. OLB is not hard. And people who say they don't want to use it because they don't 'trust' it --it's already there. The information is there. You're the only one not using it. You aren't protecting yourself by not taking advantage of that. There are people who don't realize they have fraud depleting their account until they get their statements and now their accounts are empty and they can't buy food. Get a good antivirus/anti-malware on your device and then start paying attention to your account. Log in once a week at least and take a look at your charges.
Or bank with someone that sends you texts whenever you buy something. Chime sends balance updates every day.
Load More Replies...lots of people use contactless debit/credit cards instead of cash, even for small purchases
Load More Replies...Dollar store bleach. Dollar store vinegar. Dollar store cleaning products. Dollar store air freshener.
Yes to all. Also hand soap, bin liners, dish sponges, toothpicks, and many more.
I can agree to all but their hand soap... the ones I have tried from my store dry my hands out really bad!
Load More Replies...At the dollar store you'll see people that you'll glimpse nowhere else. While you're doing that, remind yourself that you're one of them.
Same lesson I learned in rehab. Don't ever judge people.
Load More Replies...and dollar tree toys! you find stuff there that kids enjoy,and are even exclusive to dollar tree than other stores except online ones.
First of all stop polluting your own environment with chemicals. Clean floors with water and vinegar, same for bathrooms. Much more healthy AND cheap!
Stay away from the medicines, salves and supplements. They tend to be counterfeit. Here in the US the FDA (Food and Drug Administration) put out a warning three years ago after an in-depth investigation.
Be careful. Many dollar store products are made in China and there is no oversight for chemicals used in them. Either you get what you pay for, or you get what low wage workers pay for at the production end.
Look at store branded food items. Do you really think Safeway, Kroger, Dollar General, Costco, and Walmart all have independent tuna canning facilities? NO! They're sourcing the product from of of the big 3 (or however many) facilities that supply the name brand. This goes for the majority of store branded items. Make it a game to find out who has what national name product as their store brand product.
Having worked in several food factories I know that just because a name brand manufacturer makes store branded items does not necessarily mean it is the same quality. Sometimes it is, sometimes it isn't.
Correct. I work for a distributor of major brands in Europe. These producers apart from producing their own brand, also fill-up factory time with private labels. That does not mean it's the same product. I know for a fact that most if not all companies change recipes or quality of product. In the tuna example above the producer would usually package fish that would not meet the QC for brand product. This is also a requirement from the retailers as they require low cost to be competitive on shelf while maintaining their margins.
Load More Replies...Be careful of assuming store brands are equal - most are not. The standards aren't the same.
I found that most (not all, mind you...) of stuff I've gotten from ALDI has been pretty awesome. Reasonable too!
We buy all our ground beef, some cheeses, garbage bags, baggies, and coffee filters at ALDI. Their real butter is good too. 😎
Load More Replies...Kirkland brand (Costco) Solid White Albacore is quite possibly the very best canned tuna I've ever had. When the pandemic first hit and the shelves were practically bare we had to go with brands we normally didn't buy. Kroger brand refried beans are SO much better than Rosarita. Much cheaper and much creamier.
For example, a refrigerator bought at Sears might be made at GE, but the specks are not as high so it's NOT the same product, it's cheaper.
Kirkland brand all white albacore tuna is my all time favorite. When the pandemic hit and NOTHING was on the shelves, we went with some Kroger brand refried beans. SO much better than the name brand I had been buying.
Your mileage may vary on what store brand foods you buy, because they can taste different; some you won't like as much, some you might like better! To me, store brand frosted mini wheats and honey bunches of oats taste the same. So does the store brand Froot Loops, but they have a weird aftertaste. Most cheeses taste the same regardless of brand. Milk, yogurt, basic bread. Experiment and see what works for you.
I agree with @russell there are some items that I will not buy the store brand of
The store brand at our local grocery plain was pretty bad. Now that it's been bought out by a bigger chain, the new store brand is three shades of nasty.
Drive slower. You will see an immediate increase in mpg. Your brakes will last longer. Your tires will last longer. You will immediately be at a reduced risk for an expensive accident. Your engine will be able to go further before needing expensive repairs.
Highway speed limit in Belgium is 120 kmph. Driving slower than 70 kmph is illegal. I seldomly go over 110, keep to 100 most of the time and keep to the right lane. More relaxed drive, bank account more relaxed as well.
“More relaxed drive” totally true! Drive just under the rate everyone else is and let them do all the passing. (Just please don’t camp out in the passing lane.)
Load More Replies..."Be at a reduced risk for an expensive accident" My mother was doing the posted 35 mph when she/her vehicle was hit by another vehicle doing much more than 35 mph. Her van then spun around "a few times" and slammed into another vehicle. Van totaled and my mother died from her injuries. "reduced risk for an expensive accident" is false, especially in Texas
I have a weird "life hack" for driving. Do not listen to music, listen to audiobooks. Music makes m ewant to drive at some speed and turns traffic jams in nightmare, audiobook doesn't require specific speed and traffic jams are suddenly only minor inconvenience.
Not sure about other countries but in the United States, traffic lights are timed according to the speed limit of the roadway. It doesn't work perfectly in practice but theoretically, maintaining the speed limit means that you won't/shouldn't get stuck at red lights. Also bundle your errands rather than running out each time you need something. Do them all at once, on the way home from work for example, or when you have 30 minutes to pop into a few places around town. Short trips that require repeated starting and stopping your fuel injection will siphon your gas tank FAR quicker than one long distance drive will.
Boy, I wish. But here in L.A., they don't time stoplights AT ALL.
Load More Replies...Remind your self how few places are worth hurrying to - and leave early for the ones that are.
Also a simple way to avoid speeding tickets :) Next step, think before you hop into the car: Do you NEED to drive this time? Maybe you can walk or bicycle (certainly not always, for normal ideas of travel time), maybe you can wait a day and combine this errand with another one...
If you have any land whatsoever and you aren't growing at least some your own food, plant a fruit tree, etc, you are really missing out. We got 20ish raspberry canes at an end of season auction last year for $1 each. They saved me at least $200 in the first year alone, and they are spreading nicely, filling out the space I planted them in. I was pulling in 100 tomatoes every day at one point this summer. My freezer is full of free soups, and bags and bags of frozen tomatoes. I saved seed (heirlooms) and from here on out, I get free tomato plants forever. If you mulch them heavy with woodchips, they are almost no work. You can make your own compost really easy. It's all a lot less work than you think, and totally free money. Plus, FRESH raspberries, tomatoes, peaches, strawberries, they are LIFECHANGING. The s**t in the store is hollow tasteless garbage. This year alone, I bet I saved at least $2k from food I grew, with zero inputs other than a few hours to drop some compost down, plant, mulch, then pick now and then.
Strawberry seeds are life changing… and the avocado tree my mum planted with an avocado core herself when she was a kid
I don't disagree that it's better to grow your own food, but OP makes it seem like there's no cost. That thick later of mulch? Pricey. Fresh topsoil until your compost is ready is pricey. Methods to protect the plants from animals, if necessary? Pricey. It's great economics after all the initial costs, but OP saying there are no or very little initial costs is BS.
Depends on your climate. I swear I spent more watering tomato plants in the desert all summer than I would have just buying them from a store.
It is probably cheaper to buy fruit and veg in the store. Also, a garden patch isn't enough to feed you.
Load More Replies...I'd love to do that and have tried but where I live in South Africa the monkeys destroy everything.
You may not own land but you may still be able to have several pots of tomatoes each summer, which can give you lots of fancy varieties as treats for little expenditure. We put any potatoes that have gone to seed in bucket-size plastic bags and grow them in very little soil. Potatoes aren’t demanding of stuff like fertiliser. When you move, you take them with you.
Load More Replies...I have an apple tree that grows Gala, Fuji, Golden Delicious. Yellow transparent and MacIntosh. 5 Different apples taking the space of only one tree.
I have a peach tree. If I don't treat it with pesticide early enough in the growing season, moths lay their eggs inside the fruit. Cutting open a peach and finding it crawling with larvae was not pleasant.
The only sad part is when you have a glut, it can be very hard to get rid of all of it. This year we had squillions of apples. We have them frozen or bottled in various forms, gave lots away but still had to throw away heaps because they were attracting rats.
We had the same problem (if you can call it a problem) with our blackberries. There were more of them than we could eat. We made jams, mixed them with our cereal, froze them, and gave some away. But still so many of them ended rotting on the ground.
Load More Replies...I've never gardened, but I'm fascinated with the idea of food forests, which basically take care of themselves, improve the soil quality, and produce more food per square foot and for more of the year than a traditional garden.
Stop buying snacks. Quit soda and the like.
I don't agree with this one. Snacks and soda are generally much cheaper than healthier food here in the US. That's WHY people end up fat a lot of the time. I can get a can of Spaghetti O's with meatballs or a package of pasta sides each for a dollar or 2 for a dollar sometimes. Fruits and veggies here are pretty expensive. A bottle of coke is a dollar a lot of the time. Juice, water, healthier drinks are all super expensive. So if saving money is the issue, buying a 6 pack of ramen is going to be a lot cheaper than making healthy meals all week.
Drink from your tap. Juice is just sugar water.
Load More Replies...I disagree with stop buying snacks. You limit the numbers of snacks you buy and eat. My husband and I limit ourselves to buying one snack when we go shopping (usually at Costco or Aldi). And if we still have leftover the next time we go shopping, we try not to buy another.
Budget-wise, look at popcorn as an option. Avoid the microwave bags (cost and PFOA content). Bulk popcorn is well priced, especially if you find a place that sells in big bags. I bought a silicone microwave popcorn popper about a month ago, and it's already paid for itself in snacks cost. And it's a creavity canvas. Salty, savory or sweet, you can decorate your popcorn with a healthy butter alternative, or salt and herbs, or a kiss of sweet like maple syrup.
Just buy a real popper at goodwill. Microwaves are terrible
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Learning how to cook pasta, rice and beans, soups, stews, polenta, grits, etc, really anything that costs very little and can feed a huge family. You save insane amounts of money, even if you are frugal in terms of buying cheaper things from stores (e.g. $5 sandwhich). For that same $5 you can make pasta with butter, cheese, and peas for the whole family. Or make beef stew with barley (chuck roast is really cheap and delicious in a stew).
Yup… I love potato mash with vegetables. It’s cheap and easy to make and it’s so filling it gets you through the day
And leftovers of mash and veg make one of my favourite things - bubble and squeak! With a poached egg in the middle even better!!
Load More Replies...I've stopped buying red meat for months now because it's gotten so expensive. We mainly stick to chicken, ground turkey, tofu, eggs, and occasionally fish. We also buy a big bag of frozen stir fry mix veggies at Costco. I could easily cobble together meals like tofu and veggies stir fry with rice, tofu patties with veggie curry and rice, or mini turkey meatballs soup with frozen green beans/carrots/peas/corn mix eaten with elbow macaronis. Or on the days I don't really feel like cooking, egg fried rice with scallions. Cheap, comforting meals that could feed us for days.
Learn how to make a nourishing hearty soup. Red lentil and pearl barley, cauliflower and broccoli, cream of leek and potato and cream of celery soups are my must haves. Couple of veggie cubes and creative seasoning do wonders. Why pay £4.95 for a tub of soup when you can make your own for a fraction of the price?
Live below your means
Why the negative feeling about this? This is actually the best financial principle a person can live by in order to stay out of debt and accumulate wealth.
Load More Replies...it's crazy that this has to be a tip but yes.... don't spend more than you make. So simple!
This often means accepting your true income level and social status. "I am someone who makes only this amount of money, not two or three times more. I can't afford all the new, cool, stylish, impressive, fantasy-fulfilling stuff I'd like. This is me. This is reality."
I like the blue shoes, but I wouldn't pair them with the blue dress. Maybe yellow shoes for the blue dress and blue shoes for the yellow jacket?
Load More Replies...Separate s**t out. Use multiple bank accounts. Use one for "b******t money", Use one for rent/mortgage/wtfever, Use one for recurring bills (gas, car payment, insurance, bills, etc). You know one easy way to not accidentally blow your rent money on dumb s**t? Keep it separate from your "go party with jeff on a friday night" money.
In the UK, direct debits are the main way to pay. If I didn't pay by dd I would be in continual debt as I'm not good at paying bills.
Hubby and I did this early on in our relationship when we were very broke. We divided everything into cash envelopes and expenses only ever came out of the relevant envelop. We managed to save enough money for two weddings (one international) a residence visa (bloody expensive) a car and our first child in 18 months. It was very tight for a while but it paid off in the end.
I figured how much the large recurring expenses were ( Insurance, taxes, estimated vehicle repairs etc) were for the year. Broke it down by my pay periods and then each pay that amount was automatically trandfered to a seperate bank account. So now when they came up the money was there and I didn't panic or have to borrow. Helps to not have all your money in one account and also look for banks or better yet Credit Unions which don't have a lot of fees.
Or you can do envelopes. Have one bank account but withdrawal all the cash you need. Put a budgeted amount in each and once the envelop is empty, that's it.
It would be easier to read if you used words that did not require asterisks. Can't be bothered trying to figure it out.
Rice is really cheap and can be really tasty. Have a side of rice with a lot of homemade meals to really round it out with basically no cost, same with some simple sauteed veggies. Very low cost, quite healthy and tasty.
Indians staple diet is rice, widely consumed by many. We have it with Dals or Curries, ground and fermented into Idlis or Dosas. Rice is cooked into Khichdi, Pulavs and Biryanis adding Veggies or Chicken, fish or Mutton to it. Some have it daily twice or thrice in their meals. Rice can be used to prepare numerous dishes, sweet or savoury, spicy or bland.
I don't know what most of those foods are, but they sound amazing. And now I'm hungry
Load More Replies...My 2y/o loves boiled rice. No accompanying sauce. Not even salt and pepper. Just plain rice.
I love rice! Plain, buttered, seasoned, you name it! My kids all did as well.
Load More Replies...Rice and beans! Dead easy to make, full of fibre and protein. I usually throw in any leftovers or handfuls of whatever veg I have in the fridge.
Rice is not very high on the nutrient scale. Try something like quinoa instead. Can be flavored just like rice much better for your body as it is a complete protein with 23 amino acids.
Have cheaper staple items in your pantry at all times like rice and pasta, for example. And if you cook a lot, keep certain items on hand in your fridge or pantry at all times so if/when money is running low, you can still put delicious food in your belly.
-Most people wash their hair way too often, and the scalp responds by increasing sebum production, leading to a cycle of "I have to wash my hair every day or it'll be greasy". Slowly cut back and/or investigate alternative haircare methods - conditioner-only washing, no-pooing, etc. Shampoo and conditioner are expensive. -If you garden, find other friends who garden and swap seeds, seedlings, rarely-used tools (postholers, mulchers etc), cuttings and expertise. Same goes for any other hobby really. A weird size of knitting needle for a one-off project? A cement trowel? A novelty baking pan? Someone you know probably has it. I'm not saying be a niche - definitely reciprocate - but it's ridiculous for ten friends to own ten sets of stuff they rarely use. -I get basically all my books from two annual book fairs run by charities. A dollar or two apiece. Libraries are obviously even more frugal, but if you want to keep books, this is the way to go. If you want a new book and can't borrow it, Kindle is generally cheaper than a physical copy. -In the winter, never throw out a roast chicken carcass. Chuck it in the slow cooker with water, a bit of salt, and if you're really onto it, onion and carrot ends you've saved in a Ziploc bag in the freezer from chopping veggies. Leave it overnight for stock, which is not only great as a soup base, but makes rice taste amazing. Liquid gold. -Op shops in rich neighborhoods have fancy clothes. -Coconut oil is a good cheap moisturiser, hair oil, deodorant when mixed with baking soda, shaving lotion, oil cleanser... -Buy or make small Christmas stockings, not those huge Santa sack monstrosities. Train your kids that stockings are for edible treats, not gifts. Fill them with yummy things -pretzels, mini-packs of snacks and chips, candy, whatever. If your kids are smallish and don't eat a ton of treats they'll still be super excited, and now you don't have a trillion plastic junky toys cluttering up your house. -Buy one Christmas present a month (ideally something on sale) and store then up. -Mystery shopping is a good way to get a bit of cash and luxuries you wouldn't otherwise be able to afford. -Buy good shoes and get them resoled when they wear out. I've worn the same pair of fancy Italian boots for what, ten years? Had the zippers fixed twice and the soles redone twice. Even if it didn't save money it'd be worth avoiding the hell of shoe shopping. And my boots get compliments, so yay. :p
It also, especially with boots and dress shoes, keeps you from needing to break in a new pair
Load More Replies...It's a practice of weaning off shampoo use by brushing hair and washing without soap, using moisturizers that won't strip it, etc. It's gaining popularity among communities like zero-waste, minimalists, and environmentalists.
Load More Replies...If you use the no shampoo method be sure to scrub at your hair with hot water, 'rinse' and repeat. lots of people just let water run over their hair and then decide it's not working. Your hair will take a month or so to 'come clean' and then it will look really good. I've been doing this for about 4 years now.
Some libraries run book sales that include books, cds, movies and video games.
Agree with most of this, but... I am NOT not washing my hair every day.
The hair one is a really big one. I buy what looks like very expensive shampoo for the size - that little jar lasts me months, I only wash my hair a few times a week.
Bookbub.com is an interesting site. They keep track of when ebooks go on sale. They're usually just $199 or $2,99, down from full price. The deals are often short-lived, maybe a week. For example, The Starless Sea has a 4.3 out of 5 rating, and over 10,000 reviews. The kindle version is usually $12.99, but is currently $2.99. They separate by genre, and you can sign up for a daily or weekly email with the genres you choose.
Easy one- Buy your own modem. You can get a good one from Amazon for $100. Internet companies charge you $10-$12 a month to rent yours. Buy your own, return the rented one to internet company, and get that charge removed from your bill. Pays for itself in under a year.
TIL that in the US the ISP charges money for the modem. In my country you get one when you sign the contract. It's not yours per se, you have to return it when you cancel, but you are definitely not charged for it.
Not ALL companies charge - it is all part of the scheme to screw as many people as possible
Load More Replies...Just be careful. They say that if you don't use their modem and your internet goes out and you call for a service call, if the issue is with your modem and not their equipment they will automatically charge you an extra $70.00 for the service call. Yep they mean it, I paid it and you can bet the guy was looking everywhere to find a way to blame it on my equipment and not theirs.
Having worked at an isp I wouldn't recommend you do this if you aren't able to follow online troubleshooting guides. Most internet companies won't touch customer owned equipment or if they do its gonna be 50-100 extra on a service call
Yep. And *any* issue will be blamed on your modem. If it's a line problem, you'll have to jump through countless hoops and provide a lot of support to your argument to get the company to even consider looking into it. I personally hate getting s c r e w ed on the modem rental, but we have unreliable internet where I live and using my own just wasn't worth the hassle.
Load More Replies...What?! In the UK it is normal for the internet provider to send you modems for free - and more free ones if they upgrade their system. Im guessing that this post is for the US? You rent your modems? Wow
Yep. Technically, in many markets using your own is allowed, but the providers make it very difficult. They basically bully you into a never-ending rental.
Load More Replies...Keep in mind this is not a 100% guarantee. My ISP will still charge you to utilize your modem. They also will magically start having endless problems requiring me to contact support and have them sent out ( in 3 weeks ) and will always explain this personally bought modem is the source of all the issues. So I just absorb the 5 dollar rental fee cuz its not worth the hassle my IOSP will give me. Also I would switch if I could i have 1gbps the only other provider offers 7mbps, for half the cost that I pay for 1024mpbs...
thats a USA thung right, here in the UK they give them away like they were going out of fashion
If you are getting married, send out wedding invitations to every billionaires address you can find. You have a 50/50 chance that their assistants will just send you a perfunctory gift without ever wondering who the hell you are. Free gifts!
This is a no for me. It's not a "save money" hack, but a dishonest move.
Agreed. Even if they absolutely can afford it, and more, I'd feel bad about fishing for someone else's money.
Load More Replies...sounds like that British couple who , semi-jokingly, sent a wedding invite to the Queen - and she showed up.
Do this. its not like billionaires became billionaires by having souls or something...#eattherich
Don’t use your main checking account for non-essentials. Give yourself a cash allowance each week, set it to whatever you find comfortable, and only spend that. Once it’s gone, it’s gone, and you have to wait until next week. It really helps with budgeting - you know exactly how much you’re spending on nonessentials, and you don’t need to track every penny.
I give my husband cash for lunches/coffee/water/whatever. He suddenly makes $25 last all week as opposed to $3-10 dollars per day. Hmmm.
The problem with making it all cash is you can't buy anything online with it, which is where I buy 70% of my nonessentials.
Just don't spend on items you don't NEED... Little items for 10 bucks here and there add up. Even as less as a dollar adds up in the end.
Once walked by a couple in a Target store arguing about the woman wanting a cute mug because it was only $5. Man said "They're all $5. Next thing you know, we have 50 things because they were all $5!" As I passed them, I yelled "He's right!" And that seemed to break the tension. They just laughed probably realizing that someone was listening in on their dumb argument.
Excellent! I've intruded on a strangers argument before and had a similar response. The chap was so happy to have validation (he was 100% correct and his buddy was being a misogynist). I think sometimes you are performing a service by not minding your own business.
Load More Replies...I'm not gonna live as a cheapskate but if there is a super cute turtle blanket, and I want it, and it's like 30 bucks, imma get it. I understand what you're saying but I am one of those people that make up ridiculous scenarios because for me and all the rest of the people like me "have to match every scenario even if it's stupid"
Get a hobby that doesn't take a lot of money, like volunteering, or doing knitting.
Wool, and yarn, can be very expensive. However, if viewed in terms of hours of enjoyment AND producing a finished piece at the end, it can be a good, lower cost hobby. I'm making a pair of fingerless mittens the alpaca/silk yarn cost £13.50 for 50g. (Expensive) However, I'll get a good 8 hours of enjoyment making the fingerless mittens (£1.70 per hour). That's an great deal cheaper than going to the cinema, theatre, or restaurant. And there will be a luxury yarn Christmas present at the end of it.
Load More Replies...This one feels insulting lol. "Quit playing the video games that make you happy and simply volunteer instead!"
😂😂😂 I’m spending $3,000 to volunteer in Zimbabwe. Yes, a lot of volunteering can be cheap, but my volunteer hobby… not so much. I’m not complaining, the experience and memories will be worth every penny.
I make money with my hobby, biking. I bike to different grocery stores to get the bargains. Easily saves me 20 euro to bike 20 mins.
Load More Replies...I have purchased wool sweaters from thrift shops that have holes in them, and undone them For the yarn. (This was before kids, when I had time… 🤣)
You don't "do" knitting, you knit. And a lot of hobbies take money, especially if you want to invest in quality tools. Just buy the cheaper stuff to start, you might not like the hobby you chosen.
10% of your paycheck goes into a savings account and 20% to debts. The remainder stays in your checking account to pay bills and feed/entertain yourself. Be disciplined and stick to the plan. If you can, increase the savings percent. When you have enough savings to fulfill an emergency fund, start investing. Calculate if you can afford things using these constraints, and if you can’t then don’t purchase them. Not exactly a life hack, but this plan will make you wealthy.
This is good advice for those with the disposable income to do it. For many, that 10% is necessary to live.
A lot of bored panda *advice (edit for error) follows these lines. I get annoyed if it's phrased as "I just don't understand why..." (ie ppl don't save more). Yeah, Kieth, you clearly don't understand
Load More Replies...Percentages don't work when someone is barely able to make ends meet. You need to have a good-sized amount of money over and above your financial obligations to make adjustments like this.
I use a money saving app that lets users set money aside when they shop using their debit cards. I set mine to round up my purchases to the next 1 dollar. So if I spend $10.49 on my debit card, $0.51 will be saved in my app account. If it's $5.00, then $1.00 will be saved in the app. And I could transfer the accumulation to my bank account whenever I need it. It's kind of like tiny savings that are out of sight, out of mind.
It is disgusting how much everything has increased so drastically, rent, food, necessities. EVERYTHING has gone up so much! From grocery stores making sick profits to even caulking jumping in price…. Our government condemned and prosecuted individuals who sold masks at higher prices, yet everyone else goes unscathed. A one bedroom apartment has almost doubled in price in the last five years.
Pay yourself first. First bill of every month should be a direct draw for a set amount into an online savings account. If you wait until the end of the month to save, something will ALWAYS come up, whether it be a big sale, or just a blue day when you squander that money to make yourself feel better.
yes, something always DOES come up. This is why most people can not save. It is not lack of discipline, rather it is the fact they do not earn $100 an hour.
Load More Replies...An emergency fund doesn't get "filled", you have to keep adding to it always. A medical emergency could crop up and suddenly you need a couple thousand dollars, and an emergency fund with only one thousand in it won't go all the way.
Stop buying Starbucks.. you can buy the syrup they use at target for $5 and coffee for another $10 that will last a whole month... that would be 3 trips to Starbucks for that price.
There's enough negativity in the world without judging people for what they put in their coffee. Let people enjoy the small pleasure of coffee the way they like it. It harms no one. Sometimes I put flavored syrup in my coffee, sometimes I don't. It can make my day a little brighter.
Load More Replies...We roast our own. We can buy a pound of beans for more than half the price of a 12oz package of pre bagged coffee and roast it exactly how we like. You don’t even need to invest in an expensive coffee roaster, you can use a stove top popcorn cooker that you can find at a big box store for like $15. It pays for itself in 1 roast
I can only drink coffee once a month, so That limits my Starbucks purchases.
Store brand over-the-counter medications. Allergy meds, pepto bismol, tums, motrin, aleve, tylenol, you name it, there is a store brand equivalent that is guaranteed to be at LEAST 75% cheaper than the name brand. Just look at the ingredients, they are all the same.
Most of them are just Target/CVS/Rite Aid etc. buying time on a name-brand companies manufacturing process to make their own version of the same drug for less.
In the US, all generic/store brand OTC medicine is highly regulated through the FDA. It MUST have the same active ingredient(s) at the same dosage. Idk how many times I've explained this to people at the pharmacy.
Only in the US, I guess? In the EU pharmaceuticals have more oversight. If it's a medication that has a proven healing effect it can't be produced by just anyone. Something that is produced by just anyone and slightly resembles meds needs to be clearly called as "food supplement"
I'm 26 and I've been living w/ my folks again to get back on my feet. I've been paying what amounts to rent and utilities into a savings account to see if I can handle the reduction in cash flow. Should have about 10k by Jan, and moving back out. Inb4 mooching, I pay them monthly as well.
If you're in the US and have children in daycare, you can deduct up to $5000 per year tax free. My wife's company offers a Flexible Spending Account for this, and they don't reimburse until she turns in receipts. She doesn't ever turn in receipts until late November/early December, so every year around Christmas, we get an extra $5k check.
I dont think this is really sound advice. You are better off cashing the cheques on time every month and putting the money into a savings account. Why should your employer have the benefit of interest on your savings?
Savings accounts in my area pay One Cent on $1,000
Load More Replies...Call around for car insurance. Do it right now. I was with Safeco the last 8 years, and happy I was paying less than in previous years. Just called around again after moving and found out I was paying roughly 2.5x what I should have been. It was like over $1500 more a year. I feel like I've been had.
'Call'? Everything is online now and there are comparison sites. But PLEASE don't take the cheapest option, they will try and stiff you if you have to claim. Use a company that uses BISL..
And drop you as soon as you ever make a claim, even if not your fault, and relatively minor!
Load More Replies...Always check ratings from customera but also what that cheap insurance provides. Agree- use websites for comparisons!
Did you just get a raise? Put that amount into savings if you already have it. A couple hundred bucks a month is nice, but you'll probably not notice is week to week.
Live as a minimalist-“getting exactly what you need is not suffering”-The Minimalist Budget
Edit* The Minimalist Budget takes a more expanded view of how to be a minimalist. An example from the book: If collecting action figures makes you happy-then why not allocate 5% of your income to it? Why not 10%? Life is short and finding true happiness can be difficult. Sure you don’t NEED action figures to survive but if they truly bring you joy then by all means allocate resources to fulfill your hobby.
The book takes notice of not only how to be frugal and save money but also how to manage other resources in your life. Some of said resources are possibly more important than just money such as:
• Time
• Spirituality
• Happiness
• Etc.
Putting rubber liners around your windows and doors will cut your energy bill by a 3rd. 20 bucks at Walmart for my whole house
I also saw someone putting a reflector behind their heater. Small changes can add up.
I bought rubber liners, reflector stuff for behind the heater and bubble wrap to put on the windows and I don't heat the house. Maybe an hour once in a while in december.
Load More Replies...If youre buying something, for example, deoderant, if there is a value pack vs a singular packaged one, look at the weights and prices of each, it shouldnt be hard to do the math, and see "oh the single one is $1/oz but the value pack is $1.20/oz" just ran in to this yesterday at the grocery store
Yup, as I described with the ketchup bottle a bit higher up. They trick you into thinking it is 'cheaper by the dozen' but you need to check the unit-price.
You should always have a calculator with you when shopping, to figure out which size is really most economical.
Bring a calculator and small notepad with you when you go shopping.
Be so depressed you can't go outside for non-essential activities.
Seriously, the first year of lockdown saved me a ton of money! I was able to pay cash for a 4 year old used Nissan. Then I discovered Amazon no contact delivery and my bank account hasn’t recovered since. Stay home. Save money. Maybe don’t get the amazon app. Also use some of that extra money for therapy.
While it's not the healthiest way to deal with your mental illness (for those who have it (feels like it ruins your life), it does actually work. Lol..
Usually paychecks are issued every two weeks while bills are monthly. You have to pay bills twelve times a year but you get paid twenty-six times a year, so every year you get two "extra" paychecks. Don't spend that money, use it to pay off debt or put it in the bank.
For years, I used the spring "extra" check for a vacation, and the autumn "extra" check for Christmas.
Out of interest, other than the USA, in which countries are most people paid bi-weekly?
Pay your savings account immediately, and treat it like a bill. Each cheque $100, $400, $50 whatever you can afford gets put away no matter what. Educate yourself on finance as well, the best way to save money is to be savvy about it in first place. PS. The amount that "they" tell you put away (10%) is not nearly enough.
I think the 10% thing is a starting point. And just sticking it in low-yield savings isn’t going to do much, even over a long period of time. But if you can get started and have some seed money, you can learn how to take some calculated risks to grow that money. But you have to start somewhere.
Ebay! Sell your old s**t. You'd be surprised at what others are willing to buy when you may think it's worth nothing.
If you can, buy electronics refurbished or lightly used on eBay or Amazon. They'll often be quite a bit cheaper a few months after release maybe with a minor scratch. Certain things probably aren't worth getting used though, like hard drives and earbuds (eww). **EDIT:** Also, don't get used graphics card. As been pointed out in the comments, they were often used for crypto mining and are pretty worn out.
But READ THE DESCRIPTION. I bought an iPhone and it had new screen and battery - bargain. Bought a laptop but it is slow and scabby looking - not so much a bargain. Check description carefully if buying onlne. NB Wish is excellent and has an express option. Check full price including shipping and compare with eBay/Amazon. But be careful, the picture has nothing to do with what you'll get - check description for dimensions etc..
I bought a refurbished desktop. Seller threw in a keyboard, mouse and wifi adapter. $93 shipped. The only program I have on it is Brave with UBlock - I use it to watch YouTube on my TV with no ads. Seeing it on the shelf reminds me of an old VCR. Hopefully it lasts a long time.
I haven't seen this in this thread yet, so: Reduce your constant, monthly expenses as much as you can. Anything that you pay for every single month, see if you can get rid of it, or get a better price on it. Over time, those savings aggregate and really add up. For example, if you're paying for cable, get rid of it. It costs way too much for what you get and so much entertainment is now available for much cheaper. Or just torrent. This thread is for hacks afterall. Get a cheaper Internet and cellphone plan. Monthly subscriptions for services are all the rage now because companies figured out that people will continue paying every month even if they barely use the service. Don't fall for that - unless you use that service a lot to justify paying for it every month, it's probably better to drop it and find a per-use option.
This is smart. I downloaded all of my recent banking info to Excel and sorted it all out. I cabceled all but a few subscriptions, and now I rotate the rest. ALSO I called Sirius XM to cancel, and they got me from $25+ per month to less than $7.
My mom does this every time she calls to cancel her sirius; they’ll say “oh, well we have some special promotion, $X/mo for three months!” She’ll take it, and in three months when she calls to cancel, it’ll start over again!
Load More Replies...Do you need to use the internet on the go? How often do you use it? If you had unlimited texts would that negate your need for internet? I don't pay £30 pcm for my phone. I bought a refurbished phone and have a £5 pcm plan with some data if I need to use it. Plenty of minutes/texts too..
I feel like since netflix/hulu etc have started that torrenting has become way harder. There are less people torrenting. There used to be so many options for downloading and now you're lucky if you can get something that's more than a year old. Unless it's super new, the downloads stall or there are so few seeders that you can't full seasons of a show.
A more expensive good quality product will save you money on the long run compared to shitty cheaper versions of the product which you might have to replace/fix more often. Of course, higher price does not guarantee higher quality so you have to do your research before purchasing. Sometimes the cheaper option might turn out to be the better product.
Especially for tools. There's nothing worse than buying a cheap tool you are constantly fighting, than buying a good quality one that lasts forever
It depends on how often you need to use the tools. If you use it daily/weekly, then get the best you can afford. If you use it maybe twice a year or less, then a merely adequate tool will do.
Load More Replies...Look at your bank statement at the end of the month and see what the recurring things are (monthly payments, regular food place etc...) and just look at how much you are spending on them. I often get too the tail end of the month and wonder "Where the f**k has all my money gone?" then I look and think, Food and unnecessary payments to stuff I don't need. Makes me want to at least try and cut back.
Don't people keep track of their spending? I've never needed to look back on a statement to know where the money went.
No they don't and you'd be appalled at the number of people who never reconcile their bank statements either. They just look at the balance and assume that's what they have to spend. And never look at where it all goes. I've seen grown @ss adults who can't even tell you what they make at their jobs. With a lot being deposited or withdrawn automatically people just don't follow up.
Load More Replies...I was reviewing my account in my secondary (not primary) credit union two days ago and noticed that for the last two months there's been a $5 charge for being part of some kind of checking account rewards program. Apparently, they "upgraded" everyone with a basic account to this new one. Supposedly, they did send a letter to everyone announcing it, and I may have gotten it, but it probably looked like all the other junk mail we get. Since this isn't my primary bank, I don't keep a lot of money in it and would slowly lose money over time. So I called yesterday and told them I never agreed to this and if those $10 aren't immediately refunded I'm closing the account. It was immediately refunded, and I was moved back to a basic account. Moral of the story: check you accounts often.
Me: "Oh I'm always broke! Maybe I'll find some great useful tips here!" Also me: "Literally all you have to do us stop eating out every goddamn day and pounding beers for no goddamn reason. Literally. That's it. That's the only thing you have to do."
Yeah...or the "buy a cheaper car instead of leasing an expensive one or add this to your home to reduce your heating bill"....b***h I don't have a car or a heating system!
Exactly. "walk to those nearby places". MF I walk everywhere. I have no choice. Near or far I have no car.
Load More Replies...To really save money, you need to attack the big things. Brewing your own coffee, bringing a bag lunch, etc., are all well and good, but if you're leasing a new car instead of buying a beater, or living in an apartment that's more than you need, or sending a kid to a private school, those will wash out any other minor savings.
Never pay for music again. Create a Spotify free account. Find albums you like. Use a freeware audio recording program on your computer to record the entire album. Then use that audio program to edit out all the commercial ads. Save each song as a separate mp3 or wav file. I then burn CDs to listen to in my car. As a teenager we all used to record music from the radio into a cassette recorder.
or download youtube vids as mp3s. that's the simplest way and no worries about having to sign up for anything.
Load More Replies...A mortgage should be your only debt......save up to pay for everything else upright (including cars, student tuition, trips, and weddings). If you don't have the money for what you want in cash, find another cheaper alternative in the meantime and keep saving. Note: I am a Canadian and I know many people in the United States end up in debt due to surprise illness. I don't know much about this, but I recognize it is a different type of debt.
I completely disagree that college should be saved for. I made minimum wage before I went to college; I have $50,000 in student loan debt and make well over $100,000 a year, student loans made this possible. I would have never been able to go to college if I didn't take on student debt, just need to make sure you study something that can make enough money to take on the debt.
I agree. I'm not sure how someone who is 17 and isn't even legally allowed to work more than a few hours a week could ever save up enough to pay for the expenses of college. I get the sentiment of saving for non-necessary bills like trips and weddings, etc. but there's no way I could afford to pay for anything without my job, and my job is far away therefore I need a good car to get there. I can't spend 500 bucks on a clunker and have it break down of a way to get to work. So there are times where taking on debt makes sense. But the key is to not take on more debt than you will ever be able to pay. If you didn't qualify for any scholarships/grants and you want to go to a school that is going to charge 100K a year-really decide is what you are learning there is going to help you in getting the job you want. And does the job pay enough to pay off that debt? Paying a 400K to become a teacher seems like a bad investment since teachers don't get paid well and you'll never pay it off.
Load More Replies...I stopped using credit cards ten years ago. Paying cash keeps me from buying things I can't really afford.
Buy "defective" clothes. They're usually way cheaper than regular clothes and most of the time you can't even tell what's wrong with them. Usually it's just something like the arms being marginally too long or a pattern that was from last season (and even then most people can't tell what's from this and previous seasons)
Download acorns, turn on round ups and forget you have it. It'll round up each purchase you make to the next dollar so you acquire a lot of change which then turns into a pretty nice savings account.
I don't have a clue what that even means? Just an American thing I asume?
I goggled Acorns. It's an online bank type thing. Round ups are where your bank will round up to the dollar amount and put it in a saving account. For example: If you buy something that costs $38.72 the bank will automatically put 77cents into a checking account.
Load More Replies...Many of these tips seem to be written by the type of people who "started out with nothing and dragged myself up by my bootstraps. I only had a £1m trust fund, my uncles summer house to live in and a seat on the board of VonBlade Snr and Sons Hedge Fund Management, why can't these poor people make an effort like I did". I dream of having a couple of quid spare at the end of the month to save up.
My dad always said "if you can't afford two of the same item that you want then you can't afford it"
If I like something, I'll buy a few other ones in different colors. One of my brothers does the same.
Load More Replies...If you are one of the millions who live paycheck to paycheck - or the sort that can't afford pricey vacations with the family a couple times a year, and you wonder how other people manage those sorts of things - If you're one of the millions for whom the idea of "investing" is a damned fantasy - You know, the market goes up and all the business people cheer and you still make the same damned wage or salary - If this is you, you need to take your money out of whatever BANK you have it in and open an account with a LCOAL CREDIT UNION. Banks make money for their investors off of the little guy like you - with fees, overdraft charges, and whatever other shady practices they can get away with. A CREDIT UNION is about doing right by their members. Who are their members? The account holders! You! They exist to help the members - not some other big-monied interests. Go to a credit union to find a loan or mortgage - one that services their own loans vs selling them to for-profit Banks
YES! Banks for for themselves and their investors, credit unions work for you. I haven't used a bank in 30 years.
Load More Replies...A good advice right here: When you're in a shop and see something you need/want but it's expensive look it up online before buying it. I bought this coat for 120€ and two hours later I saw the exact same coat on sale on another website. It was down to 35€ so I could've bought 3 coats with that money and still get 15€ back.
I know all the advice, but I can't stop spending. I think it's my depression; I try and spend my way out of it but nothing makes me happy. I'm really focusing on trying to save but I find it so hard. 😭😭
These are very helpful to the person already living in harsh poverty. I guess we should just skip these type of articles. :(
Many of these tips seem to be written by the type of people who "started out with nothing and dragged myself up by my bootstraps. I only had a £1m trust fund, my uncles summer house to live in and a seat on the board of VonBlade Snr and Sons Hedge Fund Management, why can't these poor people make an effort like I did". I dream of having a couple of quid spare at the end of the month to save up.
My dad always said "if you can't afford two of the same item that you want then you can't afford it"
If I like something, I'll buy a few other ones in different colors. One of my brothers does the same.
Load More Replies...If you are one of the millions who live paycheck to paycheck - or the sort that can't afford pricey vacations with the family a couple times a year, and you wonder how other people manage those sorts of things - If you're one of the millions for whom the idea of "investing" is a damned fantasy - You know, the market goes up and all the business people cheer and you still make the same damned wage or salary - If this is you, you need to take your money out of whatever BANK you have it in and open an account with a LCOAL CREDIT UNION. Banks make money for their investors off of the little guy like you - with fees, overdraft charges, and whatever other shady practices they can get away with. A CREDIT UNION is about doing right by their members. Who are their members? The account holders! You! They exist to help the members - not some other big-monied interests. Go to a credit union to find a loan or mortgage - one that services their own loans vs selling them to for-profit Banks
YES! Banks for for themselves and their investors, credit unions work for you. I haven't used a bank in 30 years.
Load More Replies...A good advice right here: When you're in a shop and see something you need/want but it's expensive look it up online before buying it. I bought this coat for 120€ and two hours later I saw the exact same coat on sale on another website. It was down to 35€ so I could've bought 3 coats with that money and still get 15€ back.
I know all the advice, but I can't stop spending. I think it's my depression; I try and spend my way out of it but nothing makes me happy. I'm really focusing on trying to save but I find it so hard. 😭😭
These are very helpful to the person already living in harsh poverty. I guess we should just skip these type of articles. :(

