You made the resolution to finally save some money? Or just want to make less unnecessary expenses in general? Then this list is for you. With these 9 tips you will save money in no time!
Whether you've finally made the decision to do something for your retirement provision or you want to build up a small financial cushion - sometimes you don't have to do anything special, or even earn more. Often it is enough if you look at your everyday habits.
Don't worry, it's not about your beloved take-away coffee - don't let that be taken away if you're really enjoying this ritual - but about habits that you are not even aware of. Or things that you don't deal with and that cost you a lot of money. So that this doesn't happen again in the future, we have 9 tips for you to save money.
Let's start with what is probably the most important savings tip: keep a budget book. If you don't feel like constantly writing down and adding up all expenses in a book, you can of course do the whole thing conveniently using the app. It is only important that you take stock of the situation for at least a few months.
Quite often we are not really aware of our expenses. If, on the other hand, you keep a book, you can see in black and white what you spend your money on - down to the last euro. If you use an app, it usually even categorizes your expenses. This way you can quickly see what you are spending the most money on and, if necessary, reduce certain expenses. Some apps even help you by setting a daily budget. You can then simply tell the app how much money you have available per month, how much you want to save, how high your fixed costs are and the app does the rest.
Be careful when buying online
It used to be said that you should pay in cash so that you don't lose track of your finances. If you constantly pay by card, it is much easier to spend a lot of money - without even knowing exactly how much you have spent. In 2018, however, the new enemy is not paying by card, but online shopping.
Whoops, you have 15 items in your shopping cart, the final amount is in the three-digit range, but you tell yourself it wouldn't be a problem because you can send everything back. In the end, you even send some back, but there is always a remainder - and this rest becomes quite expensive in the long run.
For some reason we are a lot more picky when shopping in stores and therefore don't take any items with us so quickly. So the solution to saving is obvious: take your time shopping and buy something in the store. You will see, in the end you probably saved a three-digit amount and supported the local retail trade. Karma points are included.
Drink tap water
In the long run we spend a lot of money on mineral water. Let's assume that 1 liter of mineral water costs 50 cents (which it doesn't, we usually pay significantly more), if we now drink the recommended two liters a day, we come to an amount of 364 euros per person per year. If you add to the fact that most of us do not live alone and also receive regular visitors, you quickly notice that we can easily triple this amount.
So you could save four digits by simply drinking tap water. In most regions in Germany, the water quality is so good that you can do this without hesitation. You should only ask the landlord about your pipes if you live in an old building. Old lead pipes can release small amounts of pollutants into the water.
Tip: If you don't want to do without sparkling water, you can simply buy a device that adds carbonic acid to the water. At around 100 euros, the purchase price is not exactly cheap, but if you factor in how much money you save because you no longer have to buy mineral water, the device pays for itself very quickly.
>> Here you can order a SodaStream soda maker directly from Amazon.*
Save on the big things...
Many people try to save on small things and therefore resort to the cheapest type of pasta in the supermarket, but buy an expensive car or live beyond their means. Of course, small amounts can also be bought, but if you find a car that uses less and thus saves you 100 euros a month, you could buy spaghetti that is 20 cents more expensive.
So: think carefully about whether the big items in the monthly budget such as rent or transport costs could not also be cheaper. As a guideline, the rent including ancillary costs should only make up a third of your monthly budget and the following applies to the car: The purchase price may not exceed six net salaries.
... but be aware of when to spend more!
It sounds a bit paradoxical, but sometimes you save money if you spend more in the first moment. This is especially true for items that are used often. Kitchen knives are an example. Those who buy cheaply here simply end up buying a lot. They wear out quickly, frustrate you, and you have to replace them relatively quickly. If, on the other hand, you focus on quality, you not only save valuable cooking time, but they also last for decades, which saves you a lot of money in the long term.
Change your contract partner
Whether insurance, electricity or cell phones - old contracts tend to offer worse conditions than new ones. So you lose hard cash if you don't take the trouble to look for a new provider at the end of the contract period. In theory, you don't even have to change your provider. In the case of telephone contracts, in particular, it is often enough to cancel so that your provider can make you a better offer of his own accord.
Recycling of leftovers
Old bread, leftover pasta - in our throw-away society we often don't even think about using leftover food. You can make a delicious savory or sweet casserole with old bread and you can also simply fry the noodles with a little egg and you have a new lunch. That saves us a new purchase and thus money.
Reaches for the larger pack
The volume discount is not a myth. Those who buy more actually buy cheaper. So from now on suppress the instinct to pick up the smaller package because you believe that this amount is enough for you and you are afraid that you will have to throw away the rest. Just cook a larger portion and then freeze the rest. By the way, you have killed two birds with one stone: You have bought cheap and can take the rest to work later as lunch, which means you do not have to buy expensive and inferior fast food.