What You Need to Start Doing to Save Money

There are so many seemingly insignificant things that are draining your resources and stressing you out in ways unknown. Its important to be able to effectively manage your finances and make your money work for you. That’s why we’ve put together a few things you need to start doing in order to save just a little bit more cash.

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Get busy making your own things

You would be amazed at the list of things you can make by yourself instead of spending so much money buying them. There’s an enormous amount of things you can make at home regardless of the time you have on your schedule. You can make things like, homemade gift items e.g hamper, food mixes, candles, fresh-baked bread, cookies, soap, and all kinds of other things at home quite easily and inexpensively. And they would actually be much cheaper, healthier, and tastier.

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Inflate your tires

For every two PSI of air pressure under the recommended level in your tires, you lose 1% on your gas mileage. Most people’s car tires are five to 10 PSI below the normal level, so that means by just inflating your tires, you can improve your gas mileage by up to 5%. You can do this easily by reading your car’s manual to see what the recommended tire pressure is, then head to the gas station. Ask the attendant inside if they have a tire air gauge you can borrow. Check your tires and fill them up to where they should be.

 

Drink more water

Drinking plenty of water doesn’t just have great health benefits, but also great financial benefits as well. You can see water make money for you by drinking a big glass of water before each meal in order to stay fuller longer and ultimately eat less. Not only will you save money on the food bill, but you’ll also feel better after you become properly hydrated, this would save you some hospital bills too. Drinking more water also means spending less money on beverages like soda, juice, and tea.

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Carpool.

If you live near anyone you work with, you might both be able to benefit by carpooling to work. Doing so could save money and wear and tear on both of your vehicles. So start making those arrangements now.

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Turn off the lights.

To save as much as you can, turn off lights any time you leave your house or even when you leave the room. Keeping the lights on in your home may not be expensive on a per-watt basis, but it sure does cost money over time. Turning off lights when you have plenty of natural sunlight can also help keep your electric bill down over time. The bottom line is, If you aren’t using a light, turn it off.

Organize a yard sale

Yard sales are a great place to make some extra money on items you don’t need. Instead of leaving them sitting in the back of your house or in your store, you can sell items like housewares, shoes, clothing, toys, sports equipment art pieces..and the list goes on and on. Also, you can purchase items you need from an ongoing yard sale instead of directly from the shopping mall, you might be really surprised at how much cheaper a good item might cost.

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Buy quality appliances that will last.

Quality appliances might seem pretty expensive at first and many people often avoid that initial expense and tend to go for cheaper items. It is going to be worth it if you do a bit of research before purchasing items as this will help you ensure the item you are about to purchase is one of quality and it would save you money in the long run even if the initial cost is high. An hour’s worth of research can easily save you thousands of naira.

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