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Older generations tend to say that an excellent way to save money in today’s modern times is to go back to basics. It’s easy to disregard such a concept, but it could be true. Previous generations are more careful with money, which is why most of them are able to afford beautiful houses, good vacations, etc.
Here are some ways to save money by going back to basics:
- Cook and Eat at Home
Home-cooked meals are definitely cheaper than eating out. Many people today spend a lot of money on take-outs and dine-outs, which cost a lot more.
An effective way to save money is to invest in having more home-cooked meals and eating together as a family. Buying groceries and cooking at home provides family time, at the same time, helps save a lot of money.
- Bring Leftovers for Lunch
Meal leftovers from the previous day shouldn’t go to waste; they can be taken to lunch at the office or school the next day. A basic lunch out can cost about $12, but they don’t cost a thing at all with leftovers. There is a lot of money to be saved by bringing leftovers to lunch instead of eating out all the time.
- Take Homemade Coffee to Work or School
A cup of joe is always welcome, yet it can cost a lot if it’s bought from commercial coffee shops. Brew coffee at home, fill in a thermos or a tumbler, and head to the office. Doing so can save a few bucks instead of buying coffee every day. Some even do it multiple times a day, which can really hurt one’s daily budget.
- Have a Water Bottle
Bringing a water bottle to work or school is another effective way to save money. Instead of buying water, bring a refillable water bottle or tumbler instead to bring to the office or school. This will help save money on the cost of bottled water. At the same time, it can help save the environment.
- Avoid ATM Fees
Using the ATM is vital, but if it has to be done frequently, the ATM fees can be a lot, especially if they’re added up. Avoid these fees by pre-planning to ensure there’s enough cash to get through a certain period of the month. By pre-planning, it helps save a trip to the bank and save on ATM fees as well.
- Rethink Entertainment Options
Instead of paying for entertainment options, consider going back to basics. Think board games, card games, etc. that can be done as a family. Not only are these games fun, but they can also help bring the family closer together. Also, it can help save a lot of money!
- Choose Simple Activities
Another effective way to save money every month is through simple activities. There’s no need to go to the movies every week or hit a new restaurant; instead, keep it simple and fun. With that, there are more opportunities to save money while having fun.
It’s All about the Basics
Going back to the basics to save money may be challenging at first, but it’s possible. Use these tips and go back to basics!
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