Make your wallet heavier with these cash-saving measures
In this world of financial crises and banks going bust, homes re-mortgaged and debts piling up, it’s important to be as financially responsible as possible. And yet, there’s a growing culture of frivolous spending that, with the rise of one-click online shopping, is an easy trap to fall into.
But, you can combat those bills and temptations with a few cash-saving measures. With a more frugal outlook and a few wise investments, you’ll find that a life with extra cash in your pocket beats one of pointless purchases every time.
So, here are a few cash-saving tips to turn your bank account from a financial bear pit to a cash-stable haven.
Make plans for your passing
Funerals are an expensive burden to bear for your family when you pass, which is why you should prepare with a funeral plan.
Funeral plans allow you peace of mind, ensuring that your service is paid for with a series of low-cost monthly payments.
More than this, arranging your funeral in advance allows you to get the send-off that you want. This means you can pick your favourite songs, poems or hymns – or maybe even something more outlandish for a truly unique service – to really add that personal touch.
Spend with cash instead of cards
Here’s an interesting fact for you – you’re more likely to splash out using a credit or debit card than you are with cash.
Various studies have shown that the mind suffers from a sense of “payment decoupling”, which is a fancy term meaning that we feel less like we’re spending cash if we use cards. For whatever reason, using a card just feels less “real” than spending cold, hard cash.
So, the lesson is that you should use real cash as often as possible and, through a neat trick of psychology, you’ll be more inclined to spend wisely.
Be energy-conscious in your home
Nowadays, the energy-conscious home is the cash-saving home. Just think about it – every light left on, every kettle with too much water in it and every washing machine used at too high a temperature can waste energy and mount up those bills.
Using simple measures to cut down on your energy output can really aid you in your cash-saving endeavours, with something as basic as turning down your heating saving you dough. So, give it a go and you’ll find your wallet will be that little bit heavier.