Well this is a drastic change form the recent post I put up! Not quite! Shopping for daily essentials forms a major part of my life and there are times when I land up with no money left in pocket’s. I mean how can the same stuff cost so much more and more everyday? What is wrong with the world?
Ranting aside! Saving money is an essential skill you have to learn to make sure you don’t land up in the red every single week.The best skill I learnt was to keep a spending diary. All you have to do is find a convenient diary and then jot down your daily essentials in it and the amount you spend on them. It’s not difficult but you do realize how much you are spending and on what!
The most expensive way to buy any ting is via credit cards. The rate of interest for any credit card is sufficient to eat you out of home and hearth and you could land up with more debt than you could ever dream of. If you already have outstanding interest payments then its a good idea to make the balance to credit cards with a low of interest to make sure you are actually paying off the debt rather than the interest only. The best way to avoid this type of debt is to avoid credit cards like the plague and if you are already having one pay off the highest interest ones as soon as possible.
These tips can help you save money but you have to persist in it or its not really going to work!