Solving Financial Difficulty – Saving money

In our everyday lives, there is one thing that we always felt the money we have is not enough. We may be feeling like we are living day by day barely surviving for some of us.

There are two ways of solving our financial difficult. The first option is to reduce expenses and thus save money. The second option is to find way to grow your money. And of course most of those wealthiest person are those who know how to use this two option together.

And because of the recent oil price increase in my country, making most of the expenses living had suddenly drastic increase that I decide to write what we usually do in term of saving money. Some maybe old tips but

Some tips in How to save money:

1. Drive less by walk, bike, ride public transport or join carpool.
2. Work in a place near your house.
3. Combine trip.
4. Call ahead earlier to avoid wasted trips.
5. Walk between stops.
6. Consider other option beside oil. For example some of my friend and taxi change their engine into gas engine.
7. Fill tank at night. Or avoid filling tank at the time where a lot people queue for it.
8. Fill full tank. As this will save your few times going back to the oil station.
9. Buy gas few days before holidays.
10. Properly maintain and take care your property such as clothes, car, and electrical item so they can be use longer.
11. Avoid idling when driving.
12. Plan trips in advance.
13. Drive at consistent speed.
14. Bring home mad lunch to work.
15. Plan and budget your expenses
16. Reduce using credit card. For small purchases, use cash instead. Note that credit card isn’t evil it self. Credit card usually has a small interest charge when you use it. Some use credit card as an emergency, some use it to track their expense.
17. Use debit card. Debit card is another alternative way of holding money. You can use it to limit your expenses every month. For example you put 100 US dollar for entertainment purpose for the next whole month. Once you use finish the money, limit yourself not to go for entertainment until you get your paycheck for the following month.
18. Make shopping list before you purchase.
19. Take good care of your health. Although it might cost some money to maintain a healthy body. If you abuse it, you may get sick and have to pay a lot for your health.
20. Set a goal of saving certain amount into your account each month.

21. Learn some useful skills. I have some basic skills in pc related problem. Therefore I don’t call technician come every time when I need to reformat my pc. However when my notebook crash, I am clueless what happen to it and have to spend some $$$ to send to technician for repair. You can save some small amount of money when you know how to cook yourself, wash your clothes or checking your car for example.

22. Buy product from cheaper place. Check for best bargain before you buy.

23. Turn off light when you no use them.

24. But products from charity shop.

25. Limit your phone bill expenses. This is one of the biggest expenses that could happen to you. Many people I know spend few hundred bucks just on a phone bill for chatting each month.

26. Cut down drinking like beers or cigarette.

27. For book lovers, consider use library or access information from Internet for free.

28. Shop online. Certain product is cheaper if you buy online. For example e-books, software.