Wednesday, April 10

Three expenses that you can eliminate and that prevent you from saving

When it comes to money, most people are brought up with a special emphasis on money. saving. Being cautious and farsighted will be what helps the young adult to achieve economic independence a little sooner, or that small capital that allows him to access a loan to buy the long-awaited first car or start a journey in business as a self-employed person; hence the importance of teaching it from a young age. The “low-cost” culture has a direct impact on the positive idea regarding saving: it is no longer cool the one who spends the most, but the one who manages to access the service they were looking for at the most competitive price possible.

And yet, despite the dominant saving culture, there are those who, having a relatively comfortable income base, encounter serious difficulties in saving part of their salary from the maelstrom of consumption. Without a doubt, the human creates his own needs and sometimes it is difficult discern what is essential from what is accessory and dispensable. Small expenses, or “ant expenses” as they have come to be labeled, that distance people from an economic tranquility that could be greater and that are easily avoidable.

The following three are the most common “ant expenses” that should be avoided in order to save more:

1. Eat out

Eating out, yes. But by system? No. No one wants to miss out on family or friendly gatherings, and you don’t have to do without them if you don’t want to. But on work days, or on trips to the beach, for example, preparing food at home before leaving is a huge saving, greater than might be thought.

Also Read  Ambitious Interborough Express plan to travel between Brooklyn and Queens without going through Manhattan: Governor of New York presents first images

2. Transportation

Sometimes bad weather, being short on time in others, or the comfort of traveling on your own in most of the cases, make resorting to the car more than it should. Apart from the environmental impact, which is also important, the abusive use of private transport generates a large expense in household bills. The high price of fuel, added to maintenance costs, road taxes, insurance rates and parking meters, turn the car into a sink through which money is continually going. If, in addition, the use that is given to the car is mainly urban, with stops, traffic lights and pedestrian crossings that constantly interrupt the march, consumption increases. The solution: throw away more public transport and recover the bicycle as an ecological, economical and healthy means of transport.

It is also a good idea, if the opportunity arises, to make a group of shared car with co-workers who live in the same area of ​​the city. One week he does not take the car out, another week the other. Everyone will save money and make the morning commute to work more enjoyable.

Savings | Using public transportation can help you save money Manuel R. Sala

3. Small expenses and impulse purchases

One café at the bar in the morning to wake up; a magazine before getting on the bus to entertain yourself on the trip; that shirt so cool that you didn’t need it, but you didn’t resist buying when you saw it in the shop window because it was very well priced; a soft drink then because it was very hot -although a few meters further on was the fountain with very fresh and healthier water-; the Bowl in the shape of a movie character that is so fashionable and you have found on the internet, although they do not fit on the kitchen shelf anymore.

Also Read  Juan Espadas predicts that there will be Andalusian elections in the spring and predicts that the PSOE will go up in the polls

These are silly examples to illustrate the amount of spending on minucias that day after day accumulate in the book of avoidable expenses. Individually, they cost one, two, three euros, sometimes a few cents; but adding them all, the account grows.

A practical exercise that can come in handy to become aware of how bulky the “little expense” account can become, is to start taking note of all the expenses of this type that are made throughout the day in a notebook. It is very likely that you will realize that, by cutting back on these purchases, you will save money that will come in handy for other things.

The ease of buying online has only increased the difficulties of those with a “quick trigger” when it comes to reaching for their wallets. Willpower, a cool mind, controlling impulse and asking yourself if you really can’t deprive yourself of the expense you are about to commit, are keys to spending so much.

Leave a Reply

Your email address will not be published. Required fields are marked *