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idealisticguy | 02.09.2019
1. 7 tips to save money on a low income. Here are some tips for helping those living on a lower income to increase their savings rate.
2. Keep housing costs at bay. ...
3. Get and stay out of debt. ...
4. Keep entertainment costs at bay. ...
5. Buy only when necessary. ...
6. Get a handle on grocery expenses. ...
7. Utilize a zero-sum budget. ...
8. Automate savings.
BASHEEROKR | 01.09.2019
31.Don't buy cheap clothes for cheap's sake.
It sometimes make sense to prioritize quality over price when purchasing clothes for the family. An inexpensive shirt or coat is a poor bargain for older family members if it wears out in less than a year, but could make sense for quickly growing children. Consider fabric, stitching, wash-ability, and other quality related factors in your selection of clothes.
32.Organize a neighborhood swap meet.
Here’s how it works: gather your friends and neighbors with kids around the same age and everyone brings gently used clothing, books, and school supplies, toys, etc., and receives a ticket for each item they bring. Each ticket entitles you to one item from the swap meet. If you contribute six books, you can leave with up to six new-to-you books. If you contribute seven items of clothing, you can leave with up to seven new-to-you items of clothing. All leftover items are donated.
33.Designate one day a week a "no spend day."
Reserve one night a week for free family fun. Cook at home, and plan out free activities such as game night, watching a movie, or going to the park.
34.Brown bag your lunch.
The reason you hear this tip so much is that it works! If buying lunch at work costs AED 5, but making lunch at home costs only AED 2.50, then in a year, you could afford to create a AED 500 emergency fund and still have money left over.
35.Commit to eating out one fewer time each month.
Save money without sacrificing your lifestyle by taking small steps to reduce your dining budget. Start off with reducing the amount you eat out by just once per month.
36.Plan your meals in advance and stick to a list while grocery shopping.
People who do food shopping with a list, and buy little else, spend much less money than those who decide what to buy when they get to the food market. The annual savings could easily be hundreds of dollars.
37.Shop by unit price.
Many grocery stores list a cost per unit of each item, such as the price per ounce or pound. Use these stickers when comparison shopping for the same product, just in a different size.
38.Stick to water.
It’s standard in the restaurant industry to mark up the cost of alcohol by three to five times. So an easy way to cut down on your restaurant spending without changing your habits too drastically is to skip the beverages, alcoholic and non-alcoholic.
39.Save time and money by doubling the recipe.
Next time you make a family favorite, double the recipe and freeze the leftovers for another day. That way you can get two meals out of one and use the ingredients more efficiently with less waste. Aluminum pans of various sizes can be purchased on the cheap, especially when buying bulk, and make freezing and reheating a snap.
40.Don't skimp on preventive healthcare.
Routine dental checkups, for example, help prevent fillings, root canals, and dental crowns, which are expensive and no fun.
Cont..... Part 5
BASHEEROKR | 01.09.2019
21.Check your credit report for free once a year.
Use your annual free credit report from the three credit reporting bureaus to look for inaccuracies or opportunities to raise your score. Credit scores are used by loan providers, landlords, and others to determine what they’ll sell you, and at what price. For example, a low credit score can increase the cost of a 60-month, AED 20,000 auto loan by more than AED 5,000
22.Pay all of your bills on auto-pay.
This ensures they are paid on time, in full to avoid late charges. As a bonus, some loan providers offer a small interest rate deduction if you enroll in auto-pay.
23.Get free debt counseling.
The most widely available help managing your debt is with a Consumer Credit Counseling Services (CCCS) counselor. CCCS’ network of non-profit counselors can work with you confidentially and judgement-free to help you develop a budget, figure out your options, and negotiate with creditors to repay your debts. Best of all, the 45-90 minute counseling sessions are free of charge and come with no obligations
24.Freeze your credit, literally.
If you are having trouble controlling your credit card use, but don't want to cut up your credit card in case you need it at some point, freeze your credit card in a bag of water. Needing to thaw your card will force you to really consider the purchase before you make it.
25.Take advantage of your library.
More and more libraries are offering e-books, so you don't even need to visit in person. Many libraries are also part of an intra-library loan system where you can borrow anything you want, but that they don't have, for a minimal shipping charge. Just ask. And some libraries allow you to borrow things like tools and sewing machines.
26.Get unadvertised theater ticket discounts.
Call, email, or tweet your nearby theater to ask about discount options that are often not well-advertised. Many theaters offer discounted seats for seniors, students, and young adults, such as pay-your-age or pay-what-you-can programs. Or they'll offer rush discounts of any unsold seats immediately before a show.
27.Volunteer at local festivals.
Cultural festivals and events often offer free admission to event volunteers. Contact the organizers of your favorite event to ask about volunteer opportunities and benefits
28..Create a family spending limit on gifts.
Discuss placing spending limits on gifts within your family and/or a system where you only purchase one gift for one person over the holidays. These limits tend to reduce expenditures and be greatly appreciated by family members with less financial flexibility.
29.Plan gift-giving well in advance.
That will give you time to decide on the most thoughtful gifts, which usually are not the most expensive ones. And if these gifts are products that must be purchased, you will have the opportunity to look for sales.
30.Start saving for college at the baby shower.
It's never too soon to start a college savings account for junior. Ask for contributions to a college fund instead of clothing and toy gifts for your new baby.
AsifAA | 01.09.2019
Different card have different features and different benefit, prior to purchase a card check all the feature and hidden payment as shield insurance or etc.
Basim19 | 31.08.2019
Always save a portion of your income monthly for a brighter future
Basim19 | 31.08.2019
Make timely deposits so they can be useful jn the future for you
Basim19 | 31.08.2019
Use public transport and save on fuel and emissions
AsifAA | 29.08.2019
Regular check your deposit time, and renew or withdraw as per your requirement.
Mutasimwail | 28.08.2019
Wellness is that if you spend under control means under your budget...
But if you have more you can spend and donate as well.
Share and donate to get some
AsifAA | 28.08.2019
Nol Card or any other transportation card should also include some more benefit to attract people in public transport service.