How Busy People Can Save Money Better
As a busy person, you know how hard it is to find time to review your budget, calculate your expenses, or plan your finances. Just when you think you finally found the time to sit down to balance your books, an important event or errand comes up that you need to attend to.
If you’re a full-time worker or entrepreneur, you may think that being busy helps you spend less. But, come your day off, you find yourself spending more than you should have, simply because you feel you deserve it after a tiring and stressful work week.
There’s nothing wrong with treating yourself good from time to time, but you should also make sure that you’re saving enough money. You don’t want to be sorry one day when you just look back and think, “where did all my money go?”
Whether you’re single or married with children, these money-saving tips will be useful for you. Here are some creative ways a busy person like you can save money for rainy days!
1). Stop Spending Impulsively:
You’re working hard all week, hustling from one task to another. You’re tired, stressed out, and you just want to pull your hair out from all the work you’re doing. Finally, you find a weekend just to yourself.
You travel, shop, or indulge in leisurely activities to get the week’s stress out of your system. That’s a healthy way of coping with stress. However, that doesn’t mean that you should do it every weekend.
Try to plan relaxing vacations and budget them accordingly. Avoid shopping impulsively when you finally step foot in the mall.
2). Create a Shopping List:
For most busy people, you only get to step foot in the mall on weekends. So, you try to shop for everything you think you and your family needs, but you end up buying more than what you really need or even things you don’t need at all.
By simply making a shopping list, you can stay on track and purchase the things you really need instead of unnecessary items that you’ll just end up storing at the back of your closet.
Plus, there’s nothing worse than going to the store to buy something important, only to find out when you get home that you forgot what you came for.
3). Buy in Bulk:
Buying in bulk will not only allow you to save money, but it will also afford you some extra time. Warehouse stores may charge a membership fee, but in the long run, you’re actually saving more money.
Just think about it – the cost of products includes packaging. So, when you buy individual items, you’re also paying for packaging. Think of all the money you’ll save when you buy bigger bottles or packs! You also get to help the environment by reducing plastic waste.
4). Sign Up for Cashback Websites:
You’d be surprised by how much you can save when you buy through cashback websites. Yes, you may need to click a few more links to do it, but the few extra minutes you spend to get rebates when you shop online or book vacations will all be worth it!
5). Use Credit Cards Wisely:
If you own several credit cards, then use them wisely. Some credit card types offer rewards points when you use it for groceries, fuel, and shopping, some also let you earn points when you use it when traveling, while some offer cashback points for any purchase.
Find out the rewards and promos offered by each of your credit cards to learn how you can save money when you use them instead of cash.
Of course, that doesn’t mean that you can buy everything you want. Swiping your card may sometimes feel like you’re not spending real money, so you just keep swiping. But, when your credit card bill comes, you’ll be surprised by how large your small purchases amounted to.
6). Sell Old Valuables:
For sure there are old items at the back of your closet that may be valuable when sold through an online pawning site. You can even hold a garage sale if you have too many items that you need to throw out.
Although this will take a big chunk of your time, letting go of old items will give you extra space around your home, which will help you feel more at ease and relaxed when you come home after a long day’s work.
7). Use Vouchers and Coupons:
When you’re handed a coupon or sent a promo code through email, don’t just throw them out or delete them. As a busy person, you can save a lot of time by shopping online. With discount coupons and promo codes, you can save a lot of money!
A lot of busy people find it such a hassle to go through discount sites, go to outlet stores, or compare prices. But, there are a lot of ways you can follow to save money without having to sacrifice a huge chunk of your time!
About The Writer
This is a guest blog post written by Bea Rico. He is an engineer turned digital marketing professional who has an affinity for long-term financial planning and an advocate of healthy living.
Note: This article has been edited for style and substance.