FOMO means fear of missing out, and it’s the near-enemy of saving! Think about it; it’s easier to spend money for an experience everyone else is having rather than go home alone and count your cash! But what if you could save cash without the feeling that you’re missing out on life?
Plan your diet carefully
Everyone needs to eat, but the style of eating habits seriously affects your health and your money levels. If you always buy the things that taste good in the supermarket or you love take-out and don’t moderate your spending, you could be draining your finances unnecessarily.
But there’s a healthier and better way to organise your diet, plan ahead. Food prices might be going up around the world, but that doesn’t mean they have to shoot up for you. In reality, fruits and vegetables – especially home-grown ones are the cheapest and healthiest you can find.
Track your spending
If you’re like most people, you take a look at your spending every now and then. Perhaps once a month, you sit down at your computer and audit your books, looking at how much you earned and how much you spent in the last term – but is this enough to maintain accurate books?
Possibly, but you have to be disciplined about where you are spending, especially with regular expenses. Take fuel, for instance; if you fill up in random places, you don’t have a clear idea of how much you’re spending or saving on fuel. Tie fuel consumption to the cheaper gas stations.
Reduce your bills with EICR
These days, energy consumption in the home is a big issue, the climate crisis is in full swing, and we have a responsibility to reduce the amounts of carbon our home produces. The upside is that carbon reduction also means a reduction in household expenses every billing cycle.
EICR is a comprehensive assessment of your home’s electrical systems for domestic or commercial purposes. This assessment is carried out by qualified individuals and ensures your property is operating with regulation standards – so Get your EICR today to save on supplies.
Recycle and reuse
There’s an easy way to save money in your home and avoid missing out, recycle and reuse. Take your smartphone, for instance, this is probably one of the most used and viewed digital devices in your home, but even a brand new phone will be obsolete in a few years’ time.
But it doesn’t have to be! A smartphone is a piece of technology that can be invested in a reused instead of recycled for parts. When the screen flickers off for the last time, consider refurbishing it instead of replacing it, saving you money every month and helping the planet.
Stick to a budget
Naturally, sticking to a budget is one of the best ways to save money without missing out. When you have control of your money, it makes you feel more secure in the amounts you can save and spend. Sticking to a budget also helps you to adopt more healthy lifestyle habits and trends.
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