I have said it before and I will say it again; ‘it is so much easier to spend money than it is to make it’. There are many ways that you can save money. As the old saying goes a ‘pound earned is a pound saved’. This is a good philosophy to go by when cash is tight. When controlling your spending the biggest part of weekly spending is on food and essential household products. I recently did a post about discount stores which offers opportunities for consumers to save on certain products. However I outlined reasons why a weekly shop should not be carried out in just a discount store or in a single supermarket.

Shopping tips to save money

It is important to create a shopping list of all the food products that are needed for the week ahead. What is more important is that a consumer will stick to the list and not purchase additional products that have caught their eye with good marketing practices. Another good habit to start is to keep receipts of weekly shopping. Having records of your spending is good practice on analysing spending habits. Receipts also give an indication as to price inflation and price hikes implemented by supermarket retailers.

Another way to save money is to make a list of all the things you want, the things you need, and what you could do without. You could do this with any type of shopping or purchasing, whether it is groceries, clothes, cosmetics etc.

Thinks of your needs not wants

People often forget about the things that they own. We often store things away up to the attic or to the back of the wardrobe. Taking a note of what you have can end up saving you money in the long run. Clothes that you may have may be in fashion again in the next three years as fashion is sometimes cyclical. Sometimes all you need is to change your accessories to bring your clothes back to life. Accessories can add vibrancy to your look for a portion of the price for new clothes.

In conclusion

Saving money does not have to be drastic nor involve going hungry. Just simple steps to save a little weekly can end up to saving a lot.