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Some people might agree with saving plans because they might think that there is one life and one should spend according to their happiness. Although you are right, that does not mean that I am wrong about saving. One should judge by looking at both sides. First thing first rule: what you do with your income has to do with you and the whole society. When you buy something expensive, you are either setting the trend or becoming a part of this game. If you buy something affordable, your peers and your family will somehow live with it. If you are spending on parties and dinners and eating out more often, then you are involving your social circle in it and setting an example for your kids or family too. So you cannot escape from this. How to Drastically Cut Expenses? If people want to find a way to cut expenses drastically, they need to learn and change life habits. In the first step, budget planning must be done, and all costs must be recorded. Then consensus must be reached in the family on how to cut household expenses drastically. Ideas must be generated, and family members must be willing to sacrifice pleasure in some moments. Usually, the best success can be achieved when the insurance, phone, cable bills, and shopping budgets are reduced. Now come to the point, you are working hard day and night to earn money, have you ever thought for how long you will keep on doing the job and earning money like this? Will your body be as efficient as it is right now? If these questions are bothering you, then the answer is to spend a simple and happy life. How can you live a life like this….?? With the “saving more and spending less” formula, you can beat your issues. When you save more, there will be a good amount in your hands when you get old; you can have early retirement when you are living a balanced life, and it will all come after you start saving more and spending less. You can be happy living a simple life; the more it is simple, the less you will have complexities and burdens in your life. If you don’t have a budget for a month of your home, It is highly recommended to you start making one for yourself before you start a month. Here are some effective ways to save more and spend less money yet spend a happy life. Create a budget. The foremost important step in saving is to make a budget for a month. When you are clear about how much you or your partner (spouse) might be earning, you will be easy in making decisions on how and where you need to save and where you can easily save. So list out all your expenses and write down how much it will take on them and how much money you are left with, then think in which commodity you can make a compromise to save spending on them. Reduce your phone and cable bills. With the saving plan, the first thing you will do is cut off your cable, and ultimately your cable bill will add up into your savings; why is it so? Because having cable is an extra facility, you can watch whatever you want on the cell phone over the internet charges. Then why paying double. Honestly, you can also reduce your phone bills by shifting it to postpaid as well. When you need it, you can call using the charges and pay for what you use, but you can make the calls using the internet and reduce the phone bills. Eat at home and stop spending money on food outside. Eat at home and eat healthily; eating junk is not healthy for your health and not for your budget. You can cook at home in less amount to pay for ingredients and make more servings rather than ay outside for a one-time meal, and still, you have to cook for the next time because of less serving served outside. It is okay to eat out with your family once a month but eating at a cool place where you can have healthy food. But eating more often outside is the pest that will eat your money. Help yourself in cleaning and maintaining your home. There are many tasks that you are spending on rather than doing them by yourself. The cleaning is the major responsibility that belongs to you, so if you are spending money and asking the companies to come over and clean your space, you are totally pending in a lame. For savings, the more likely the option you have is to do your house chores by yourself. If you are living alone, then the chores won't be much for a single person; you can do your work one by one daily. If you have a family, it becomes straightforward then, assign the duties to every member of your house. Then comes maintenance or repair. If you have no idea how to paint your house somewhere if needed or make some fixing or change some of the wires landing in your house, then before going to plumber or mechanic, try for once if it connects the issue to its solution its great and if still you have no idea then ask for help. Do not spend money on buying clothes for every season. In every article, I recommend not to buy clothes for every season or sell your used clothes, etc., the reason behind this is not merely that it will save you some extra money but when you sell out your used clothes at half of their original price. Those people around you who cannot afford to buy some warm clothes for winter can use your clothes less and affordable. Isn't it a good gesture towards society? And what are you going to lose? Nothing. I guess. The more you spend your money on clothing, there will be less space for you to put them on, and it will be of no use after you wear them once, so why not go for some decent amount of cloth shopping. It will save you money, and you will be having a great time with a simplified life. Try to buy used items. Who does not want to have a great furnished and decorated home? In the current time, one could not think of purchasing furniture or any appliances; if you want to spend on them, you may fall into debt. To save money and have a furnished home, it is easy for you to buy the used items and products. It might need some repair or fixing, but no problem with that. You can save a lot of money while using second-hand products. You can even go to a plumber or woodcutter to make you the desired furniture at an affordable price. This way you can also save money, and you can have a new and fresh product for your home. Or you can make some on your own; there are videos on youtube for DIY furniture; if you do not need to buy a piece of expensive furniture and are not interested in using it, try to make one by yourself (DIY furniture or products). Never spend on entertainment like movies etc. Have you ever thought that how much money you are spending on movies? Just to watch them once and your money is gone, it is around 100 dollars that most of us spend watching over Netflix, Hulu, etc. Watching movies or other entertainment is for fun but paying that much amount of money for your entertainment is totally lame if you want to save. If you are making a budget and thinking about where to save money, go to the money you spend on entertainment. You can always go for free entertainment and can save money. Although saving some money on entertainment or like this will not make you any rich person, you can save monthly for a year. You will have a good amount of money at the end of the year, and then you can buy something big, or you can even afford to go on vacations with your family. If there would be any emergency at the end of the year, you will also be having sufficient cash at home for backup. Share your room with a roommate. If you are a student and living in an apartment, you can rent out one side of your room to some of your classmate who needs it, or you can find a roommate to give you if you are sharing a room with your friend ask them to pay for the grocery and you are can take care of other expenses by doing this you can half of your money. And if you live in a big house, you can also spare one room and give it to someone on rent as a paying guest. This way, you can save your money by using up your extra space. Stop smoking or alcohol. Smoking is bad for your health, it is bad for your pocket, and it is also bad for your environment and also bad for your surrounding people. Then think for a reason why you are consuming it? You can save yourself, your money and your environment, and your surrounding (family/parents) by stop consuming alcohol or smoke a cigarette. Most people spend the average rate of money on purchasing tobacco products is 188 dollars a month and 2,292 dollars a year. Insanely, this is a huge amount of people turning their money into ashes like this. If you stop consuming them, you can save around 3000 dollars a year. WoW! Reduce and water electricity bill Water is the most precious resource of the earth; without it the human survival is impossible. So wasting it is no option whether you save money on it or not, but you have to take care of this at any cost. Now, if you are on a "save more" budget, then saving your money on the water should be your priority; use water in a quantifiable manner—for example, use just up to your requirement. Then comes the electricity bills, how can you save on electricity. It is also simple when you move out for more than 2 days, try to switch off all your appliances that consume electricity and when you are at home, try to sit in one room before you go to sleep. This will save you a sufficient amount of money every month. Save money by traveling on public transport. If you have a vehicle, that is a good point, but using your personal conveyance can add to the fuel it consumes and adds a good amount of pollution to the air. Now decide for yourself, the more you are sensible, the more you think for your surroundings and your environment. Saving is not only related to money but saving your environment comes with it too. If you are a student then going out daily can cost you much of the fuel, whereas you can use public transport more often on normal days and you can save double things at a time, your environment and your money. Yes, there are some exceptions to it too, on rainy days or bad weather you can go on your transport. So it is not bad to have a car at home. Tips: So you can save by drastically cutting out the budget of your household expenses. It is not like to cut all your expenses and live a low life but spend decently, not too much and not too low, maintain a balanced life, and for that, you have to create a budget. By creating a budget, you can have a great idea of spending your money and saving it.

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