Everyone wants to save money, and there are some things that you can do that will really add up in the end. So we here at The Blind Side have put together our list of the 5 COOL LIFE TIPS THAT WILL SAVE A FORTUNE.
5. Choose quality over quantity.
This can apply to food, clothes, electronics and much more. Although it’s tempting to choose the more budget-friendly version of an item, sometimes choosing quality over quantity will save you more in the long run. Save up your money and get the best-quality product you can afford, and leverage the cost-per-wear philosophy with more expensive clothing and shoes.
And when it comes to food, buying quality organic food can nourish you in ways that fill you up more than the prepackaged, processed stuff, and potentially save you money on health-care expenses in the future, since you’re taking good care of yourself. Find a balance that is right for you and choose quality whenever you can.
4. Stop trying to keep up with the Kardashians.
It’s hard to keep your blinders on and not compare your financial life to that of others, especially celebrities. However, it is really important to be clear about what matters most to you and make sure you build a financial plan that supports that vision.
This will keep you moving toward your financial goals and stop you from spending money on things you don’t need, to impress people you don’t like…which is what it seems we are always trying to do. The happiest people are the ones that save their money, and live modest and secure lives with the things they need.
3. Plan out your meals for the week.
Believe it or not, this one cool tip can potentially save you hundreds of dollars a year. Taking a few hours every weekend to grocery shop and meal plan for the week will definitely save you money, as dining out is the No. 1 expense for most households. By eating at home, you save money that would otherwise be spent on expensive eating out, taxes and tips that you have to leave your servers.
We’re not saying you should never go to a restaurant. But when you plan your meals, and sometimes even prepare them ahead of time and then freeze or refrigerate, you can save a whopping amount of cash.
2. Learn delayed gratification.
Have you seen the way people act sometimes? They see something and they have to have it right away. They whip out their credit card, take the item home and then figure out how to pay for it later. It’s something that we forget as we get older, but when you see something you really want, part of the reward of adulthood, and working hard, is that you can actually get it.
But if you delay that gratification, save the money for it first and buy it at the very end of the month, you get to feel like you’ve earned it, which makes that reward all the much better. You should never put yourself in a situation where your using credit cards to buy the things you want, right when you want them.
1. Work more.
Before you say ‘of course!’ let us explain the reasons why this doesn’t only make you money, but it saves you money too. When you’re working a lot, there’s not much time left to shop and spend money. In fact, some people like to shop a lot, but hate to work. And who doesn’t love to shop? The problem is that if you’re shopping more than you are working, then you start running out of money.
Focusing on your career can be very gratifying, and if you work hard, you’ll probably end up finding a promotion that includes a nice pay raise along with it. Just don’t forget to keep working hard and saving your money for those rainy days when a little shopping might actually be very rewarding. And why not, if you’ve worked hard, then you deserve it.