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Showing posts with the label family finance

6 Simple Ways to Save Money at Home

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  With the economy being what it is, people are more conscious about their expenses. The last thing you want to be doing is spending money on things that are not essential. There are simple ways to save money at home, which can cut down your bills significantly. Use energy-efficient appliances If possible, buy energy-efficient appliances such as washing machines and dryers that have lower water and energy consumption levels. These will help save energy and thus money over time because they consume less electricity than their non-efficient counterparts do. Consider replacing your old refrigerator with an energy-efficient refrigerator. You may not be aware of the fact that your fridge is one of the biggest consumers of power in your home. An inefficient refrigerator can use up to 300 kWh per year, which is more than 10% of the total household energy bill. So, it is important to get an efficient one that uses less electricity and saves you money on your electricity bill. Use en

How to Cut Your Weekly Grocery Bills

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Trying to juggle living expenses seems to be getting harder with each passing year. Many households are being hit with increasing bills that make daily life a real challenge. One of the easiest ways to alleviate this financial stress is to evaluate your shopping habits, and implement small changes to help you save. Here are some of the simplest and most effective ways to cut your weekly grocery bills. Stick to Your Budget Before you even set foot anywhere near the shops, you should take the time to work out a budget. Once you know exactly how much you have to spend, it will be a lot easier to shop to your budget. Sticking to the allocated amount may be a challenge at first, but watching your savings grow and getting the very best value for money is a rewarding experience. Create a List Now that you have your budget in place, you can create a list of exactly what you need for the week. Try and stick to the list as much as you can, as this will help to curb any impulse

Basic Thrift Guide

Home budgeting is becoming more difficult to manage nowadays. Paying the monthly consumption fees in electricity, water, telephone, dsl, and cable will already create a hole in our pockets. Not yet to mention the daily food we need to buy to sustain the family’s health plus other commodities, supplies, daily expenses and necessities in our homes. Gasoline hike and basic commodity prices had climbed up recently, while salaries and wages stay put. We need to do extreme care in spending money that is to allocate it wisely. I already implemented an austerity program in our home to economize electric and water consumption.  Economical management plays an important role to trim down excess costs. Let me share you some of the Basic Thrift Guide I put into practice to help lower down our monthly expenses. Unplug appliances when not in use Laptop usage for my online tasks, as it consumes less power than the desktop Buying kitchen and laundry supplies in bulk for a two-week replen