Money Magazine - How Simplifying your life can save you money?

We are living in a world full of distractions, and if you want to spend money on everything that puts a glitter in your eye, you will bring your savings to nil at no time. While it is true that you earn money to enjoy your life, certain adjustments are required If you want to make the most of your hard earned money.

We are living in a world full of distractions, and if you want to spend money on everything that puts a glitter in your eye, you will bring your savings to nil at no time. While it is true that you earn money to enjoy your life, certain adjustments are required If you want to make the most of your hard earned money.

Ways to simplify life and safe money:

1. Shopping: Shopping is one of the biggest money burning activity of every individual. Now that we have smart phone where you can buy things with a single click, you don’t often think before buying anything. Learn to know what you need and what you don’t. Stop shopping for unnecessary things.

2. Be with the group: There are various advantages of being in a group and one of it is sharing of goods. If today you walk into a restaurant alone you would pay twice as much for your food than if you went with a group. Being with a group insures that you pay your share while you also consume goods to the fullest.

3. Travelling: Travelling is also one of the biggest money drainers. While it is the truth that travelling alone in your car is very comfortable, it not only costs you extra money it is also not ideal for environment. Try to use public conveyance whenever possible to not only cut down on expenses but also to contribute towards a better future.

4. Budgeting: Budgeting is a must if don’t want to run out of funds every now and then. Today you can find a host of apps that are very helpful in managing your personal finance. Use these apps to keep a track of your funding habits as they will certainly turn out to be a money saver for you.

5. Getting rid of old stuff: We mostly buy things we don’t need and then keep them stored for years without using them. Today you have a variety of options to sell your old unused goods and earn some money for them. Once you start unloading your old goods you will be surprised at how much stuff you had that you didn’t need.

6. Get back to basics: People in the past never had so many resources that we have and they still lived a life worth living. As more options arrive so does more confusion. You don’t need to buy an X-box to amuse yourself when a football game going on in a stadium nearby can do the same for you. Start paying attention to more real things in life.

Saving money is an art and money can be saved by doing the same things that you do now but doing those things more efficiently. Make sure you keep an eye for the details and check your spending regularly and you will notice that simplifying your life is the biggest money saver for you.