I am not a financial advisor but have learned ways to cut costs on some things to save some money.
Consignment Stores-
This is another way to check out items, (may be some designer) that people have on consignment and wish to sell to make a small profit.
You can often find great deals there as well, on gently worn, or new items.
Pay off Credit Cards Each Month
We have several cards, but with interest rates, you want to pay off the balance each month. Be aware of the high interest rates some cards can have as well.
Set yourself a Personal Budget
I do set myself a budget I want to spend each month and create a spreadsheet on Excel. This enables me to see my purchases, and if I am overspending, or sticking to it. For me, it is just extraneous items I purchase like clothes, beauty products, anything that doesn’t involve the usual bills of the house.
Buy in Bulk – Costco
We buy monthly at Costco, and even though it is the 2 of us in the household, we buy many things from them in bulk and freeze what we don’t use right away. It makes the dollar go father and they have so many good items at fair prices! Their pies are twice the size of your grocery store at the same price point. As I mentioned, find the club cards that give you cash back as well.
These are just some examples, and there are many more. It can be tough, but the idea is finding ways to save in this economy.
