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Budget Management: 10 Simple Tricks to Help You Save Money

Budget Management: 10 Simple Tricks to Help You Save Money

Stress is a pretty silent but a very strong killer and the most common source of stress people are dealing with today, is money. Being something that we can’t live without and that simultaneously isn’t a thing a lot of people can gather easily, money can be a serious issue.

You should get rid of this raining cloud that keeps following you around. First of all, it’s important to understand that the chances of a distant cousin leaving you with a huge inheritance and turning your luck around are quite negligible and you shouldn’t count on them.

However, the good thing is that you can enjoy your lifestyle and improve it significantly if you introduce a couple of changes to your life.

Make a Realistic Plan

People who overspend usually do it because they are unaware of their spending limits. Having nice things implies that you have to work hard for them – so, be realistic. If you want to stop starving during the last week of each month, you should begin them by making a budget plan. Thus, you’ll be able to stretch your budget, afford all the necessities and direct those leftovers towards enjoying yourself.

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Mind Your Cooking

First of all – if you don’t prepare your meals at home, you should start. Eating healthy should be on the top of your priority list; it’s the source of your health and energy – and it’s less expensive than eating out.

Once you’ve got quality sorted out, you need to focus on quantity. A huge number of households are wasting enormous amounts of food by preparing too much, eating too little and throwing out the rest. You will need some time to harmonize the amounts of ingredients in your meals, but until you’re a pro, you should eat leftovers – simple as that.

Goods Exchange

Instead of purchasing new clothes or books, you should settle for used items. Many great organizations and websites out there are built as mediums and serve to connect people who want to exchange their used goods for others or sell them for a lower price than those you’d expect to see in stores.

Turn off Cable

Most households still subscribe to cable TV because out of nothing more than maintaining a habit. The truth is that you can spend more time with your personal computer or smartphone than watching TV and it seems like this appliance has become more of a noise regulator than an entertainment source. Besides, everyone is turning towards mediums like Netflix, as they are less expensive and a lot more user-friendly.

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Use Public Transportation

Other than being a green alternative, trains and busses are also a cheaper transportation method that can actually be faster if you harmonize your schedule with theirs. Sure, cars are comfy, private and all that, you’re used to that luxury, but it’s a thing you can live without. At least for now.

Change Your Phone Plan

Many people just sort of go with the plan their mobile career selects for them – you should change your phone plan because you can. You should evaluate how much you actually use your package because I bet that you spend more time using Wi-Fi. Considering the fact that your smartphone is one very personal item, you should adapt it to your needs.

My suggestion is to think about mobile phone insurance as well, so that you have a backup if it gets lost, stolen or damaged – you won’t have to worry about those costs if that time comes.

Collect Coupons

If you’d like to spend less money, you should invest more time. In order to cut your shopping costs regarding the essential list of items you find necessary like groceries and hygiene products, you should gather coupons and use them wisely. Almost all supermarkets and stores have an extensive list of discount offers you should definitely take advantage of.

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Entertain Guests

These changes will affect your social life as well, but that doesn’t mean that you should withhold from socializing – simply move it from overpriced bars and restaurants to your home and entertain your guests.

My suggestion is to make a selection of must-see things – your favorite band having a concert or an exhibition you’ve been waiting to see for a really long time and save up for those events. Going out should be all about spending quality time and doing the things you like – I’m sure you got bored on numerous occasions by following your friends to an event you’re indifferent about and this change is going to have a positive effect on that.

Think about Electricity

Simple things – I’m sure you’re already familiar with this because every single article about saving money mentions it – like turning off lights when you leave the room, make a significant difference at the end of the month and you should apply them.

One more thing that’s less known – you should unplug all appliances you don’t use because that way, you won’t spend any “phantom energy” those very same appliances are draining even when they’re not turned on.

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Consult Professionals

People go to school in order to learn how to manage budgets, so this is a skill you learn. If you don’t seem to make a difference and you still end up getting back to old spending habits, you should either consult a professional or sign up for a class.

This investment of your time into learning about money and how to treat your budget properly will make you a happier person in time – it did so for me. Life is a better place when you don’t have to worry or stress out over bills each day.

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Last Updated on March 24, 2021

8 Smart Home Gadgets You Need in Your House

8 Smart Home Gadgets You Need in Your House

We’ve all done it. We’ve gone out and bought useless gadgets that we don’t really need, just because they seemed really cool at the time. Then, we are stuck with a bunch of junk, and end up tossing it or trying to sell it on Ebay.

On the other hand, there are some pretty awesome tech inventions that are actually useful. For instance, many of the latest home gadgets do some of your work for you, from adjusting the home thermostat to locking your front door. And, if used as designed, these tools should really help to make your life a lot easier—and that’s not just a claim from some infomercial trying to sell you yet another useless gadget.

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Take a look at some of the most popular “smart gadgets” on the market:

1. Smart Door Locks

A smart lock lets you lock and unlock your doors by using your smartphone, a special key fob, or biometrics. These locks are keyless, and much more difficult for intruders to break into, making your home a lot safer. You can even use a special app to let people into your home if you are not there to greet them.

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2. Smart Kitchen Tools

Wouldn’t you just love to have a pot of coffee waiting for you when you get home from work? What about a “smart pan” that tells you exactly when you need to flip that omelet? From meat thermometers to kitchen scales, you’ll find a variety of “smart” gadgets designed to make culinary geeks salivate.

3. Mini Home Speaker Play:1

If you love big sound, but hate how much space big speakers take up, and if you want a stereo system that is no bigger than your fist, check out the Play:1 mini speaker. All you have to do is plug it in, connect, and then you can stream without worrying about any interruptions or interface. You can even add onto it, and have different music playing in different rooms.

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4. Wi-Fi Security Cameras

These are the latest in home security, and they connect to the Wi-Fi in your home. You can use your mobile devices to monitor what is going on in your home at all times, no matter where you are. Options include motion sensors, two-way audio, and different recording options.

5. Nest Thermostat

This is a thermostat that lives with you. It can sense seasonal changes, temperature changes, etc., and it will adjust itself automatically. You will never have to fiddle with a thermostat dial or keypad again, because this one basically does all of the work for you. It can also help you to save as much as 12% on heating bills, and 15% on cooling bills.

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6. Smart Lighting

Control your home lighting from your remote device. This is great if you are out and want to make sure that there are some lights on. It is designed to be energy efficient, so it will pay for itself over time because you won’t have to spend so much on your monthly energy bills.

7. Google Chromecast Ultra

Whether you love movies, television shows, music, etc., you can stream it all using Google Chromecast Ultra. Stream all of the entertainment you love in up to 4K UHD and HDR, for just $69 monthly.

8. Canary

This home security system will automatically contact emergency services when they are needed. This system offers both video and audio surveillance, so there will be evidence if there are any break-ins on your property. You can also use it to check up on what’s happening at home when you are not there, including to make sure the kids are doing their homework.

Featured photo credit: Karolina via kaboompics.com

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