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Savings

Easy Tips to Save Money Every Day!

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S top stressing over money! You can make the most of the money you have without compromising on the things you like to do!

If you're hoping that this year will finally be the year you get on top of your savings...

Here are some foolproof ways you can save money without compromising on a lot of things...

1. Step up a budget

The first step to taking control of your finances is having a budget. Initially it will take some effort, but this is the best way to have a reasonable snapshot of the money you have and where it’s going. Start with a notepad and pen, you can also create an Excel or try an app – write down how much you are spending on household bills, financial products, travel, leisure etc.

2. Make the most of cashback

Many banks these days have programs that will give you some cool discounts and cashback with certain retailers so that you can shop and get money at the same time. Never say no to free money!

3. Follow the 24-hour rule

This rules helps avoid purchasing expensive or unnecessary items on impulse. Think over each nonessential purchase for at least 24 hours. This is particularly easy to do while shopping online, because you can add items to your cart or wish list and come back to them a day later.

4. BYOL

Whether you have a fancy cafeteria at your workplace or you’re used to going out for having lunch, it’s time you Bring Your Own Lunch. It’s not only healthier, you will also be able to save a lot of money.

5. Change your light bulbs

Changing into LED bulbs from your regular incandescent bulbs will save you a lot of money on the long run. Not only LED bulbs work longer, saving you money on replacements, but they are also light on your eyes!

6. Ditch your gym membership

We’ve all bought that expensive gym membership that got totally wasted as we just couldn’t get ourselves to work-out regularly. This time, let’s get realistic. There are enough ways to get fit without going to an expensive gym. Follow YouTube videos or download easy 7-minute workout app and get in shape for free!

7. Sign up for free trials

Whether it’s a movie streaming service, magazine subscription, fitness membership, cosmetics or pet supplies, check if they have free trials/subscription... that way, you can get upto a month of services without having to spend money!

8. Go for Happy Hours

Late night drinks can be expensive, visit during happy hours instead. Not only drinks, even food on the menu is available at special discounts!

9. DIY your skin care

Don’t underestimate the power of a good skin care routine! But that doesn’t mean you must spend big bucks on pricey products or salon visits. You can simply DIY it… Using baby oil for eye makeup removal, coconut oil when your shaving cream gets over, brown sugar as lip scrub, apple cider vinegar to help acne are some of the natural and of course, cheapest ways for skin care.

10. Shop on websites that pay you money

Don’t underestimate the power of a good skin care routine! But that doesn’t mean you must spend big bucks on pricey products or salon visits. You can simply DIY it… Using baby oil for eye makeup removal, coconut oil when your shaving cream gets over, brown sugar as lip scrub, apple cider vinegar to help acne are some of the natural and of course, cheapest ways for skin care.

11. Check out coupon websites

Coupons for restaurants, salon & spa visits, online shopping, movies and a lot more… just imagine how much you’ll start saving once you get the hang of these amazing coupon websites! To get started, log on to mydala.com for some of the coolest deals in town!

What would you do if you saved Rs 5000 every month? We asked a few people in mydala and here's what they had to say:

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