All of us need or want to cut back at certain times in our lives, whether you are saving up for a bag or whether you just want to add money to your kid’s savings account. For this reason, I have decided to bring you some money-saving tips revolving around the topic of lifestyle.
1- Make your drink a double!
The next time you order a cocktail at a restaurant, make it a double. Typically, it’ll only cost about 15% more — but you’ll get twice the liquor.
2- Buy non-branded makeup products
One thing that I’ve noticed is that a lot of non-branded makeup will do the job just as well – and sometimes better than expensive branded makeup products. Why should you pay $50 for a contouring palette when you can easily get one that will give you the exact same results from eBay for $10?
3- Shop online
This tip might differ from person to person, but I personally end up buying a lot of unnecessary things when I am shopping outside rather than when I am shopping online. I believe this to be due to the fact that, when I shop online, I know exactly what I’m looking for, and I can just switch to a different website very easily if I don’t find it.
4- Buy in bulk
Even though buying things in bulk is a very obvious money-saving tip, many people seem to dismiss it or else not give it enough attention. Don’t just buy toilet paper in bulk, but rather buy as many things that you need in bulk, such as socks, stationary, cotton pads, tissue papers, razors, certain types of food, and more.
5- Keep a record of what you spend
The best advice I can give with regards to saving money is for everyone to keep an expense sheet. Keeping an expense sheet obviously allows you to track how much you’re spending and what you’re spending. By doing this, you can know your total monthly expenditures and be able to change your spending habits in a way that better suits your lifestyle. Get in touch with me for a customized Google Sheets template.
Three are a lot of things that we women can do ourselves if we just took the time to learn how to do them properly, such as doing our own nails, doing our hair, makeup, etc.
7- Cut back on F&B
One of the most expensive social plans we can make is when we go out drinking in restaurants and pubs and order too many cocktails by the glass. If you have to go out drinking in a restaurant, order a bottle for you and your friends, that way you end up paying less than by the glass. Better still, stay in and order a few bottles of wine.
8- Turn off the lights
This might seem like a simple one, nonetheless, it will have an effect on your monthly bill. Making sure you turn off the lights when you leave your home is a must. You should also make sure to turn off all of the air conditioners and electronic equipment as well.
9- Sign up for customer reward programs
Customer reward programs can be quite rewarding, as their name indicates. Credit card reward programs can allow you to get free flights, discounts at certain boutiques and shops and can give you a lot of advantages at the same time (free parking, etc).
10- Master the 30-day rule.
One of the best rules of personal finance is delaying gratification by implementing the 30-day rule. Basically, the 30-day rule dictates that you should wait 30 days at least before making a purchase that you’ve been contemplating. This ensures that there is a 30-day gap between your big purchases but most importantly, that you’ve thought your purchase through well and are convinced that it’s something that you need or really want.
Finally, if you find yourself really having a problem with spending too much money or saving too little, it’s always a good idea to talk to someone such as a financial advisor, a financial coach, or simply a life coach.
Travelling should not be financially damaging. If you have a tight budget but still want to explore the world, there are destinations you can look to for the best experience. Even if you have enough to spend, you could just be in need of making some savings while giving yourself or loved ones a good time. Here are the best destinations for budget traveling.
The nation of Kyrgyzstan is covered in mountains and forests and thus one of the best places to visit for the lover of the wild. You can celebrate the wild and the people with some of the cheapest experiences on the planet. A meal, for example, can go for as low as $2 yet very delicious and satisfying.
Seoul, South Korea
This Korean city is a great mix of local culture mixed with an international touch. You can enjoy various Korean dishes, the big and beautiful buildings, and everything you’ve always wanted in a modern city. The fact that it’s a city doesn’t, however, mean that it will cost you a fortune. It is a very affordable city.
Cape Point, South Africa
If you want to visit the southernmost tip of the Motherland, you should visit the Cape of Good Hope which is full of history and one of the few places you can find African penguins at the Boulder Beach and Cape Point National Park. The fees are also very enticing with a few hundred dollars taking you for days on end.
Palawan, The Philippines
Those with interests in some watery fun should look to Palawan for the best experience. You can go snorkeling, beach hopping, exploring the underground cave systems and diving all in one package in this area. The good news is that you won’t break the bank to take in all this fun. You also get to enjoy the local culture with your experiences.
As the second largest city in Portugal, Porto has risen mostly due to a combination of tourist attractions and low prices. The region has affordable food, accommodations and low tourist fees. It combines historic sites with churches, old buildings, fun sites and others for a wholesome experience for any visitor. Most of its sites date as far back as the year 300 BC for those who love good old history.
How about a small town you can visit for so little yet bask in so much glory? The town of Trencin is located just below a beautiful castle built in the medieval times. You cannot go wrong with the peace and level of tranquility you get once you arrive in this location.
The capital city of Egypt was once the center of civilization. It still retains most of its Glory to this day thanks to the many ancient pieces of art that dot the city. Although previously very costly, it has become cheaper all due to the political unrest that began with the infamous Arab Spring. Today, you can have great value for each dollar you spend in this country owing to favorable currency exchange rate.
While other areas boast of tourist attractions aided by man, the city of Moab in Utah boasts of the most natural geographic features you can find on the planet. You can easily access the three major parks (Arches, Canyonlands, Dead Horse Point) from this city using an RV or public transportation. Make sure you have all your RV supplies with you when heading out for the fun ever ends.
In winter, the whole of Romania is a fiery tale of a kind. In Romania especially, you get to enjoy a lot of what winter in Europe is known for but at a fraction of the cost you get in other locations. In Brasov, you will never get enough of the fun in winter.
Media reports point to Honduras being a dangerous place and thus not good for the media. The truth is far from that however. Yes, there are gangs in the major cities of the country but they never tamper with the tourists visiting it. There are guides that will ensure you stay safe and enjoy the natural beauty of the country as much as you wish.
It is known the world over that Vietnam is a budget destination. What people miss out is the part about northern Vietnam where the country comes into contact with China. While shunned by many people, this region is the true representation of the Vietnamese culture as most indigenous people are found here. You also get rice terraces and towering mountains with beautiful rivers all on a budget.
After landing in Portugal, make sure you visit the city of Lisbon before you do anything else. The city is filled with historic sites and buildings, great museums, lovely music, an awesome nightlife and eateries with the tastiest of dishes. Even better is the knowledge that you can stretch very little money over a long period of time.
The city of Bucharest is home to many interesting items on offer. You get to explore the various pieces of architecture from old to modern buildings, cemeteries, museums and much more. The nightlife is also one to talk about once you experience it first-hand. Everything you do here will not cost you as much as it would in other locations in Europe.
Being the largest Greek island comes with various advantages one of which is that many people will stream to the area searching for fun activities. And Crete doesn’t disappoint as it has fun activities for everyone be they on budget or willing to blow away some money. The food and lodging costs are very lowly priced but with great quality in them.
Burleigh Heads, Queensland, Australia
It’s never easy to recommend an Australian destination as a good choice for those who wish to travel the world on a budget. However, Burleigh Heads in Queensland offers the best experience for anyone in need of experiencing traditional Australia without incurring too much. Besides the many attractions, you can also enjoy the temperature that is great all year round.
Tobago, Trinidad and Tobago
The little Caribbean island has some of the best experiences for those bent on saving lots of money while having lots of fun. You will not be getting your very costly hotels and other items but are sure to enjoy the beaches, the treks, hikes and other fun activities. The Caribbean vibe is very strong here all for a little money from your pocket.
Luang Prabang, Laos
Chances are high that most readers have never heard of this beautiful location. And that is the very reason why you need to pay it a visit. It’s full of tranquility, beauty and tradition that you would feel close to nature like never before. It has beautiful natural forests and other features that will leave you wanting more but without the costly prices associated with such great experiences.
Salar de Uyuni, Bolivia
Anyone who has been to Bolivia never stops claiming of how much they were able to have great savings for very little. Bolivia is often underrated by destination reviews yet is has some of the most iconic sites on the planet. Even better is the fact that you will enjoy these sites for very little.
The home of the Mayan civilization can be explored for very little money. You can explore the wild countryside while spending nights in very comfortable locations spread across the nation and costing next to nothing. The Mayan civilization remains are there for all to bask in their glory and take pictures of. While here, you can enjoy the world’s largest Easter celebration, Semana Santa besides other lovely celebrations.
It may seem ironical that we have included Belize on the list of the world’s most cost effective tourist destinations when it is likely an expensive paradise. However, if you compare what Belize charges and what you get for your money with what European countries charge, you will gladly choose Belize. As stated here, it is little paradise that will give you memories like no other.
Not many people look at Georgia as a tourist destination of choice. That is because they have never visited the location and because they have visited the most advertised areas. If you go to Georgia and simply focus on the fun, you will come out with lots to talk about and your perception about this country will definitely change for the better. It is also very friendly to the pocket and you will realize once your holiday comes to an end.
Even if a name has been included on this list, you need to learn of ways of saving money even when you are in a cheap location. Many guides will also give you tips on how to save money on your trips and other locations of interest.