Saving Money on a Tight Budget

Saving Money on a tight budget is not always an easy thing to do. Some costs in life are fixed and if for some reason an unexpected expense arises there isn’t always many things we can do to adjust. However, it is possible and there are little things we can change to become nimbler with regards to our monthly expenses.

Groceries

To save the most money on necessities you get from the grocer, it really helps to be an informed shopper. This takes times and patience but if you visit different local grocery stores and check prices you'll know when you're getting a good deal on a particular item. Otherwise, you can always try to use coupons and look for store bought brands that may help save you additional money. You can also look to purchase things at wholesale but this isn't always going to be the bet for all consumers since it can sometimes lead you to "buy more than you need". Everyone has their own style and preference when it comes to grocery shopping, once you find your style you’ll be able to build on it and ideally, allow you to save money on the items you like to buy. Look for sales on things you love, for example if you love cherries and Shoprite has a great deal on them feel free to go down and check. If you buy bulk water from Costco and you need to make a trip try to see how else you can bundle your trip to make it worth your while with other discounted items.

Check for the Items you consistently buy – Some items you regularly buy could have a chance of going on sale. When that happens make sure that you utilize the sale opportunity to stock up on items you know that you’ll be buying regardless since they are a staple on your grocery list.

Utilities

With utility bills (especially Wi-fi, Cable, Phone, etc.) you really want to try to negotiate with your service providers! These types of services are most open to negotiation and negotiating will be the most impactful thing you can do get these bills down. If you are a long-standing customer make sure you let them know how long you've been a customer, if your service has been spotty make sure you make them aware! It's not a fun process but "the squeaky wheel gets the oil", so do you best to actively complain to your service providers, if your services have been subpar.

Insulation/Drafts

There are many quick and easy ways to live greener. Seal drafts and maximize energy efficiency - If you're a DIY type of person, you can look to seal drafts/windows in your home and to lower your electric bill in the long run. Buying some caulking from Home Depot doesn't cost much but it could make a difference if your home isn't well insulated. You can also look to insulate other areas in your house and even consider piping insulation if they aren’t already.

Ask for Discounts

Never be afraid to ask an employee if there are any in-store promotions or good deals available. Employees will typically know better than anyone else, since they work there and know the ins and outs of their store. Some people really share great knowledge and you never know who will be the one to provide it so always keep an open mind.

There are many creative ways to save and ideas you can implement into your routine to help you lower your monthly expenses whenever possible. Although it might feel like you aren’t always making progress it’s important to try your best and makes strides whenever and wherever you can and always try to avoid lifestyle inflation.