In this day and age, there are very few people who aren’t wondering how exactly they can cut back on their outgoings. Luckily, there are a few things you can do to make your bank statement an easier thing to look at…
Make A Budget
First and foremost, if you want to improve your finances, then you must make a budget. Figure out exactly how much money is coming into your household every morning, and line up your incomings alongside your outgoings. For obvious reasons, your incomings must not be greater than your outgoings! Make sure that you’re completely honest with yourself about how much you’re spending. You might not think that your daily Starbucks costs in the long run, but at the end of the month, you might be surprised at just how much it adds up. Remember to leave some money aside for treats for yourself and your family. Although living a more austere existence is necessary if you want to cut back on how much you’re spending, it’s important to make sure that you’re still enjoying your life – but not as important as it is to make sure that you put as much money as you can in a high-interest account to save.
Change Your Work Lunches
One way that a lot of us lose money is through buying food that we simply don’t need. Do you regularly buy your lunch from the coffee shop just around the corner from work? Nobody’s saying that you need to give up that pure pleasure forever. Instead, cut it down to once a week – give yourself a treat on Fridays, and on the other days, take your own lunch to work with you. You can use leftovers from the previous night’s dinner, or maybe try batch cooking on a Sunday. No matter what you take with you, make sure that it’s tasty and nutritious to stop you from snacking through the afternoon. If you are the sort of person, who likes to pick at little nibbles through the day, leave that vending machine and those potato chips alone. Instead, pack a bag of apple slices and carrot sticks to take with you to work. If you don’t want your apple slices to turn brown over the day, sprinkle them with lemon juice to keep them fresh.
Look For Different Financial Solutions
Remember that there are always different financial solutions out there if the ones you’re already using just aren’t working for you. Make sure that you talk to an accountant or your bank manager to figure out new ways of paying bills or your mortgage that might be easier on you. If you’re in a quick temporary bind after a broken down car or boiler, then you can always get a loan at a site like http://personalmoneystore.com which will tide you over. Just remember to pay it back on time so that the interest rates don’t go up too steeply!
Look For Deals
One way to save money is to keep your eyes open for deals you can take advantage of. A lot of the time you’ll save money if you buy products in bulk – just make sure that you have space to keep it all at home. You might also see buy one get one free offer in your local stores. Although these can be great deals, make sure that you only buy products that you’d buy even if there wasn’t an offer on. Otherwise, you’ll be spending much more money than you should.
Negotiate At Work
Here is an absolute fact: you are worth more than you’re getting paid right now. A lot of women don’t feel able to ask for more money at work – they might not feel as though they’re good enough or they might find it hard to balance the pressure of being a mother alongside their career, because of the expectations that society has of women. But it’s important that you realize what you’re worth. If you apply for a new job, then make sure you ask for a good salary that’s in line with your skills and the assets that you’ll bring to the role. If you want to get a new job that satisfies you more and that pays you more money, it’s important that you prioritize it in your life, that you set aside time for it in your evenings and at weekends – that may sound tough (and boring!) but it’ll be worth it in the end.
Cut Back On NonEssentials
Sorry to say it, but it’s time to cut back on your gym membership. There are plenty of ways to stay fit and healthy without paying for access to a fancy gym or spending money on a personal trainer. If you already know how to stay healthy then why not buy some home gym equipment? You could also try Couch To 5K or some Youtube fitness videos at home. You could also cut back when it comes to spending money on your clothes and appearance. Try getting more natural lowlights in your hair so you can get it coloured a little less frequently, and start looking through second hand and thrift stores for clothes. After all, vintage will always be in. Look online for tips by beauty gurus on which drugstore makeup and skincare products are just as good as the expensive ones – there are plenty of dupes of more expensive makeup that you can get. Remember that if you’re going to spend money on anything, a foundation is a product to go for.
Change Your Social Life
No one’s saying that you have to stay at home all the time and stop seeing your friends, but the truth is that there are different ways of seeing them that might save you a little money. Go out for brunch or lunch instead of dinner – chances are you’ll spend a little less money on alcohol! If it’s time for date night, then why not have a cozy night in at home on the couch instead? Build a pillow fort and snuggle up together to watch movies.