Finance Viking

Simple Steps For Saving Some Of Your Paycheck

There are days when you hit the rock bottom of your paycheck and you end up having to survive on ramen cups and the cheapest bread and butter sandwiches, when you realize that you have a problem saving money. And on those days you would make a vow to yourself to save at least a part of your next paycheck and start saving money. And yet you might end up at the same place. So here are some tips to save yourself some money.

  • Take notice of personal care

Make sure to get booklets of coupons, online coupons for anything and everything to do with your personal care (and also groceries and anything else that you can get your hands on). Usually haircuts and other care (for ladies) cost an arm and a leg to pay for. So get browsing on sites like Groupon, Yipit, Yelp and Living Social.

Also make sure to take medicine on time, regular exercises healthy food and make sure to keep the medical bills at bay by making sure you are staying healthy so you will not have to improve business cash flow or your own house.

  • Home and electronic and appliances

Make sure to turn off those lights when you are not in the room; especially if you are living alone. You are just adding to the bills without any notice at all and at the end of the month you will end up thinking about using up your emergency funds or your organs. Bills are something we all have to live with, but you can limit the numbers that end up showing on those bills on your own.

Go for eco-friendly and energy efficient appliances and electronics. Usually these appliances tend to take up much less energy and save you a couple of bucks every day (which will rack up to a lot of money at the end of the money). There have been studies done on calculating the costs cut by using energy efficient bulbs and appliances, so the benefits can be seen. When you are buying new appliances go for the eco-friendly ones and the ones with sleep modes and hibernation modes as they might end up making you not liquidate inventory and also save a trip to the black organ market.

  • The concept of phantom power

According to the US Environmental protection Agency, Americans end up having around 20 to 40 devices that make phantom loads on the circuits. The phantom load is when energy is still used by an appliance that is plugged into the circuit even though the device is plugged off. So take out the cords and plugs from the outlets when you are not using the devices as it will save you money you didn’t even realize you were spending.

Go for cheap food and drink deals and jump on those chances for free food. It might not be the noblest thing to do, but noble is something that is past us in this age.