Let’s face it ladies, the current economic times are hard, especially for those who are just starting out in life. Between bills, an apartment, clothes, make-up, boyfriends, and a job we are under a good deal of stress. Unfortunately being an adult is stressful and there really isn’t a whole lot that we can do about it.
However, there are a few things that we can do to financially help us stay afloat and keep our stress levels to a minimum. The tips below are those that I have used everyday and found that they really do work. Some of them may sound a little corny and like something your mother would do, but they work. So please, bear with me and continue reading.
1. Pay Attention To Your Utilities.
Since the time we were little girls we have heard the same things over and over ” turn the lights out when your not in a room” or “turn the water off while your brushing you teeth”. However, as you move into your own apartment and learn what it is really like to pay your own bills you will realize just how important these steps really are. Of course it goes a little more in-depth then that though.
For instance when you aren’t home turn your thermostat to a reasonable temperature. In winter that temp may be about 65 to70 and for summer that temp may be about 75 or 76. That way your ac/heater unit doesn’t have to work as hard to keep your home comfortable, so it doesn’t use as much electricity. The same can be said for your washer and dryer. Wash in cold water and line dry if you are able too. Line drying may seem really old, but its a great way to save on your electricity bills.
Just be aware of how many lights are on at one time. Keep the TV off if your not watching it and unplug your phone charger when not in use. Little things like that can be really great ways to keep the electricity bills down to a minimum and can also enlarge the over all life of your electronics and appliances, because They are less likely to burn out.
2. Shop Smart.
Coupon shopping is you’re best friend, yes it takes time to find coupons and clip them out. However, coupons are a great way to save at the grocery store, plus they add up over time. Remember every little bit helps.
Also, before you go grocery shopping do two things. One have a light snack, apples or oranges are good plus they are healthy and eating them won’t pack on the pounds. Second, plan your meals, take the time to plan your meals before you go shopping. Put together a list of what you intend to have for breakfast, lunch and dinner on a day by day basis. This way when you go shopping you are less likely to spend money because you are hungry and see foods that look good, and since you have a plan in place you are less likely to buy things you don’t need and keep your grocery bill down.
Also, don’t be afraid to buy value brands. While they may not taste exactly the same as the expensive stuff they are cheaper and can really help keep your food budget under control.
3. Curve The Restaurant Budget and Public Entertainment Budget.
Alright ladies, we all like to go out and eat with the girls, however eating out is a great way to blow all your money. Restaurants can be expensive. So, instead of eating out, have dinner parties at each other houses. Instead of going to the theater, try renting a movie from your local library or a cheap movie rental place. This way you can still have time to hang out with your friends but without the expense.
4. Open A Savings Account
Ladies, since you are already budgeting yourself, and finding new ways to save money, take a minute to consider a savings account. Most are free to open and will accrue interest over time. Plus, they are a great way to keep yourself from spending all your money because many institutions only allow a certain amount of withdrawals a month and will even allow you to set your own restrictions to the account.
Savings accounts have always been a must for me, and I cannot even say how many times I have been grateful for them when something unexpected happens.
Just by following the three simple steps you can seriously trim your budget on a monthly basis. Then you can take the money that you have left over and place it in a savings account, just in case something ever happened to you. You will find that by finding creative ways to trim your budget but still have fun and by placing an extra money in a savings account you will be better able to deal with the rough economic times ahead.