Money Saving Hacks: Saving money in a month is not difficult. By just paying attention to small daily expenses, you can easily save Rs 5-6 thousand. This can increase your savings and also control expenses.
Daily Expenses Savings Tips: Saving money may seem easy, but often we get stuck in small expenses and at the end of the month we do not know where the money has gone. If you want to save at least Rs 6,000 a month, then this article is for you. The 20 items given here are in everyone’s daily life, by changing them a little you can make good savings. See the list…
1. Money going to the coffee shop
If you drink a cup of coffee from a coffee shop every day, it will cost you around Rs 150 every day, which comes to Rs 4,500 a month. These expenses can be reduced significantly by getting into the habit of making and drinking coffee at home.
2. Branded Snacks
If you buy snacks worth Rs 50-100 daily from the supermarket, you can earn Rs 1,500-3,000 in a month. Eating snacks or fruits at home improves your health and also saves money.
3. Lunch outside
It is very common to have lunch worth Rs 150-200 every day in office or college. Due to which Rs 4,500-6,000 are spent in a month. Take a tiffin from home. The food will be delicious and also economical.
4. Unexpected Spending on Online Shopping Apps
We often buy unnecessary things after seeing flash sales or discounts. Due to this, Rs 1,000-2,000 are spent per month. Buy only those things that you really need.
5. OTT Subscription
Platforms like Netflix, Amazon Prime charge Rs 299-499 every month. If there are 3 subscriptions then it will cost around Rs 1,000 per month. Only share plans with friends or family.
6. Petrol and Cab Expenses
The daily cost of a cab or auto is Rs 50-100, which works out to Rs 1,500-3,000 per month. This can be reduced significantly by adopting public transport or carpooling.
7. Expensive lunch or dinner
One can easily spend Rs 500-1,000 on eating out on weekends. Throw a mini party for friends at home. The fun will be the same and the expenses will also be less to a great extent.
8. Packed juices or drinks
It is common to spend Rs 50 a day on packed juices or drinks. This expenditure amounts to Rs 1,500 per month. Drink fresh juice or homemade smoothie. This can save a lot.
9. Unnecessary expenditure on grocery
If you have a habit of buying things based on the brand and packing, then you are spending an extra Rs 1,000-1,500 a month. Buying bulk or generic products can save money.
10. Gym and Fitness Subscription
If you have taken a gym or fitness subscription and do not go, then your money is being wasted. Therefore, you can save money by investing money in the gym and going regularly or adopting home workouts.
11. Office or shop tea
If you have a habit of drinking tea and are drinking bar tea every day, then Rs 10-20 are spent daily, which comes to Rs 300-600 in a month. Drink tea at home, take tea in a thermos from home to the office.
12. Overuse of mobile data
Extra data pack can cost you Rs 200-500 every month. Using Wi-Fi and having a data tracker app can save a lot.
13. Branded clothes, accessories
Sometimes the passion for fashion can also prove costly. If you are buying branded clothes and accessories then you can wait for cheap market or seasonal sale.
14. Vending Machine or Canteen Snacks
Rs 20-30 are spent daily on vending machines or canteen snacks, which amounts to Rs 600-900 a month. You go to office with a snack pack from home.
15. Credit Card Interest and Late Fees
If the bill is not paid on time, more money is deducted. So set auto pay and make payment on time.
16. Unnecessary online courses or ebooks
Nowadays people take unnecessary online courses or e-books, due to which they end up spending Rs 500-1,000. This money can be saved by taking free content and Skillshare trials.
17. Lotteries, Betting or Random Games
Lotteries, betting or random games cost between Rs 100-500. Leaving this aside, you can invest money from where you can earn interest.
18. Roadside Snacks-Tea
Drinking tea and eating snacks on the roadside can cost you at least Rs 300-600 a month. You can avoid these things and try home made snacks.
19. Late Night Food Delivery
If you order food online late at night, it may cost Rs 250-500 per order. Doing this 2-3 times a week can cost up to Rs 1,500. Prepare easy dinners at home.
20. Small everyday expenses
Small things like chocolates, cold drinks, ice cream can cost up to Rs 500-1000 a month. Pay attention to every penny and stop impulse buying.
Read this also-Are you entangled in the web of debt? Adopt 7 easy and effective solutions
Read this also-How to make ₹1 lakh from ₹100 daily savings?