Saving money: Everyone wants to do it, but not everyone can. I speak for myself (and probably a lot more people) when I say I get super excited to save money and then I enter a shop and all that excitement goes away and is replaced by the excitement of buying a new piece of clothing or a new lipstick (it's sad, I know)!
Now, as a university student, I have to be very careful with the money I spend, so I started to do something in order to save some cash and, as I know A LOT of people struggle to do this as well, I decided to share some tips on what I do (or at least attempt) to save money:
1- Bring your lunch from home instead of spending money eating out.
This is a thing I should've started doing at the beginning of the school year but unfortunately I didn't. This might sound like a bother: having to cook and then transport the food to school/ work, but trust me, it's so worth it! I speak for myself: if I take food with me to university instead of eating at the cafeteria, I save a little over 10€ a week. That's 40 something € a month!
2- Always compare prices
This is something I learnt from my mom: she does this every time. You know those annoying supermarket papers you find EVERY SINGLE DAY on your mail? They are actually pretty helpful! Browse through them and compare prices. For example, in a certain supermarket a Colgate Toothpaste may cost 2,5€ (totally making that number up) and in another supermarket it might be 20 cents cheaper. I know it doesn't sound like a lot of money to save but it's better than nothing.
3- Become a member/ Get Discounts
A lot of brands and stores have discounts and coupons that are given exclusively to people who have their store/brand cards or are listed in their subscription emails. This can help you save a lot of money.
I'll tell you two stories: Last week I turned 19 and as I gift, a perfume/beauty shop gave me a 7,5€ coupon and I was able to buy a liquid lipstick (which i'll be reviewing soon) for 2,45€ when it originally cost 9,95€.
The other story is: my godmother subscribed to Blanco's newsletter and because of that she received a 50% off discount on a purchase! She bought two pairs of shoes and 2 bags for half their price!
4- Keep track of your expenses
Writing down the money you receive and the amount you spend is a great way to keep track of your expenses. My Mr. Wonderful agenda comes with 12 expenses boards (one for each month) where I write down the amount of money I received that month on one column and the money I spent on the other one. This helps me see how much I money I have left at the end of each month and it also helps me to figure out how to save even more the following month.
5- Create a savings account
Out of sight out of mind right? If you can't see your money, you won't be tempted to spend it.
I have an account that, everytime I put money in there, half of it goes into my savings account. This is a great way to save money, because, for you to transfer the money on your savings account back into your 'usable' account takes a bit of work and most people will just be like 'I don't have time for this' and they'll just leave the money right where it is.
So, these are my top tips on how to save money!
What do you do to save money?