[ad_1] Genius money saving tips for homemakers

Genius money saving tips for homemakers

Oct 31, 2023 | ET Online

Managing home and beyond

Managing a household budget efficiently is a crucial task for homemakers to make the home financially stable.

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Tips to save money

Here are some tips for homemakers to save money every month.

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Create a budget

In the beginning of the month, sit for a while and create a budget for spending and saving. Categorise everything and put the excess money in a savings fund.

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Cook at home

Cooking at home means you will be saving money that you would usually spend eating out or ordering in. Restaurant food is generally unhealthy and too costly.

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Reduce utility costs

When not in use, unplug electronics, replace inefficient appliances with more energy-efficient models, and make it a general rule for other members too. This saves a lot of money.

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Look for coupons

When buying groceries and household goods, make use of coupons, discount codes, and cashback offers.

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Shop smart

Go for shopping during sales or shop from local kiranas that know you or are sure to provide discounts. Bargain whenever possible.

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The jar method

When you come from outside and have some change, put it in a dedicated jar. This will only increase your savings. At the end of each year, invest the money somewhere to maximise gains.

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