Avoid unnecessary expenditure.
Do
not buy things you do not need. Whenever
you are confronted with the shopping question “Do I need it?” think 5 to 10
times before making a decision. Also, buy
only the amount of food you can consume. Did you know that in the US, 33
million tons of food waste was thrown away in landfills and incinerators in
2010? According to the Environmental Protection Agency website, food waste
forms the single largest component, 34%, of municipal solid waste discarded. In
Canada, the residents of Toronto throw away 17.5 million kilograms of food
every month, according to the World Vision Canada.
To
avoid wasting food, cook just the right serving for your household. Avoid
having leftovers. If you have kids, plan the menu with them to make sure they
approve most of it. This ensures that you will be spending only on food items
that will be consumed. Do not stock fruits and vegetables, they can get spoiled
easily.
Buy in bulk.
Buy items that you
consume or use most frequently in bulk. These are the things that have long
shelf life. Alcohol, cereal, dried beans and pasta, toilet paper and paper
towels, office supplies, toothbrushes, other non-perishable food,
multivitamins, and diapers. Make sure that you need them and have enough spaces
for storage.
Clean and fix to save.
Clean
air-conditioning units and other appliances to make sure they are working
efficiently and not using too much energy.
Your appliances will use up more power to function if there is dirt on
them. Likewise, arrange for a technician to check all your appliances to make
sure there are no leakages that can cause these to use up more energy than
usual.
Work when the sun is up.
Use
natural light. Rise as early as you can; finish your work on the day, when the
sun is up to minimize using artificial lights for extended hours at night. Do
not leave the lights on when you are not using them.
Take advantage of energy-saving
appliances.
Make
your own research on what energy-saving lighting systems, air-conditioner, and
other appliances are available. It may
take a little of your time but choose those that are worth the switch because
you will shell out some money. Make sure that the benefits will be long-term.
Watch movies together.
If
you can, avoid having TV sets for each room. Assign a common room for your
entertainment system. Watch movies together as a family. It is not only
practical but a great way to bond and spend some time with each other.
Schedule an annual garage sale.
Make
money out of the things you no longer need. Encourage your kids to participate
in this activity. It can become an eye-opener for everyone not to spend on
things that eventually go to the garage sale.
Unplug.
Unplug
all appliances not in use. This is a very basic step into saving on your
electric bill.
Do it yourself.
Avoid
take-outs if you can help it. If you are living alone, buying food for yourself
in just the right serving is more practical. For families, you can dine out on
very special occasions but otherwise, it is smarter to cook your own food.
Also, if you have not tried fixing things around the house yet, you may want to
start to learn doing so. This will help you save a lot.
Know
by heart the basics of savings at home. You have to take note that these small
things do not add up unless they are done in a sustained, regular kind of way. Discipline
is the key. It is a crucial part in keeping your finances healthy for no one knows for sure when
the next crisis will strike again.
love your piggy bank, or kiddie bank i must say,,, where did u get it?
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