Spend smart, and save money.

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  1. The first step to saving money is finding ways to cut money spending on the essentials (food, water, and shelter). Before going to buy groceries, set a money cap on how much you want to spend and stick to it. When you go grocery shopping, bring a list of all the things you need, not want. Then have a separate list of things that you want, but don’t necessarily need. Go shopping, and buy everything you absolutely need, but look for the cheaper brand of things. Don’t think generic, but think store brand. Also get a discount card of your grocery store to receive other discounts. Most are free except memberships like Costco and Sam’s club.

  2. After you have what you need, see how much money you have left from your budget to spend on the extra things you want. If you don’t have any money left, just skip the luxury this time.

  3. For domestic household items (trash bags, zip locks, candles etc.)go to the dollar store. Everything at the dollar store is well, one dollar. Instead of going to Wal-Mart and getting the flex fit Glad bags, go to the dollar store and get the bags that cost less. You want to save money by looking into everything you spend it on.

  4. Don’t buy bottled water. You can invest in Deep Rock water dispensers if you have the money. If you don’t you can always drink the tap water your city provides you. If you don’t want the extra chlorine and minerals, fill a pitcher or a big container with your tap water and leave it out for a couple of days. The chlorine reverts to a gas and dissipates in the air. That should make your tap water better to drink.

  5. For big purchases, really make sure you have the sufficient funds to actually buy the product and make note that most expensive purchases require maintenance. Maintenance requires money, so really do your research on the product you want. Make sure you’re getting it at the lowest price and know the maintenance costs.

  6. There are countless ways to cut back that accumulate to great savings. Just do your research and don’t treat money like it grows on trees, unless you make money growing things that people buy.

Tips:

  • Cut energy costs at home. Replace incandescent bulbs with CFL’s, lower your water heater temperature, leave extra electronics off etc.

  • Don’t steal money. That’s not thrift, that’s theft.

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