I am no sadist, but Corona virus is here to stay; much longer than we all anticipated. However, we still need to live and that means that we need to keep on spending our hard- earned money so as to survive. With probable sources of income shrinking by the day, we are forced to be left with one option here; coming up with unique ways that we can save money while we are stuck at home. Below are 12 creative ways that you can save money while staying at home:
1. Stop Ordering in food and start Cooking
If you are used to eating out, then you must agree with me that you are mind blown every time you find out how much money you spent on food every month. The moment you realize that there is food at home is the day that your finances will take a break. This is the time to uninstall those food courts and food delivery apps because you do have food at home.
2. Compare prices before making purchases online
I strongly believe that sometimes, we end up buying overpriced items simply because we failed to do our research prior to making the purchase. For instance, if you need to buy a new phone, scheme through different online companies that sell the same phone. Settle on one that has the best price according to you. Plus, most companies are doing free delivery for products purchased during this time. I mean…
3. Ditch Disposable items and replace them with Reusable ones
We spend so much money buying disposable products such as disposable straws and disposable plates yet we only get just one use out of each one of them. With reusable products, you not only get countless use out of them but you end up conserving the environment since the plastic disposable items are environmental hazards.
4. Use Energy- efficient light bulbs
This will help you save on electricity costs. Other ways of cutting down on electricity costs include switching off lights, unplugging chargers and cancelling your Cable TV when not in use.
5. Buy in Bulk
This is basic economic knowledge. Products are relatively cheaper when you buy them in bulk because they go by wholesale prices. If you have products that you splurge on all year round, this is the time to buy them in bulk. This way, you will end up using the same quantity at a startlingly cheaper rate.
6. Negotiate your internet deals
If you are subscribed to a monthly internet package, try finding cheaper yet relatively effective packages you can change to.
7. Freeze fruits and foods that are about to go bad
This will prevent you from wasting food, saving you from spending much more on food. You may later use the frozen fruits for baking or for making fruit salads and smoothies.
8. Watch films at home instead of going to the Cinema
With all the social places closed, people have been forced to watch films at home. If you have a Netflix account, this is the time to catch up on all your favorite shows. This way, you will save money that you would have otherwise spent at the cinema.
9. Cancel Subscriptions you don’t use
If you are subscribed to some programs and things you no longer use, this is the time to do so. If you fail to do so, the company will continue cutting the money from your card without your knowledge. As a matter of fact, Final Cut Pro is currently offering 3 months free of use to all people. Instead of paying for an editing software, why not shift to Final Cut Pro in the meantime?
10. Meal Plan
Planning your meals prevents you from wasting your food. If you have never planned your meals in advance, this is the time to.
11. Do your own hair and nails
This mostly applies to ladies. Hair and nails are things we can do, even if it is a little less decent than how the professionals do them. We still get the work done, don’t we?
12. Sign up for Discounted Membership plans
If you really really crave for that bottle of wine, you can spend a fraction of the amount by signing up for wine membership clubs. This way, you get a new bottle of wine every month at a comparatively low price. Most of these companies deliver products during these time, which is an absolute plus!