11 Clever Ways of Saving Money That Most People Don’t Know About

Is there really a specific clever way of saving money? I believe all ways that end up with saving money are clever- unless they are bordering on being illegal. Despite this, you will always come across an idea someone used to save money, and you cannot help but admire its ingenuity.

Some are outright outrageous, while others are pure genius. Here are some of the clever tactics people worldwide use to save money.

Always Make a Counter Offer

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You may leave money on the table if you do not make a counteroffer. However, do not be too greedy when doing so. Do your research, learn about the pay range, and offer a counter that falls in that bracket.

Do Not Go Shopping When Hungry

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This prevents you from impulse buying at the grocery store. Your focus will be on fulfilling your body’s demands, and you can easily overspend.

Run Appliances at Certain Times

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In some states, electricity is cheaper at certain times and days of the week. Call your service provider, and you could probably save some money on electric costs. Others give discounts to elderly people.

Buy a Couple Steps Above the Cheapest Option

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Do not always go for the cheapest option, especially if buying electric appliances. There is a reason they are cheap. Save up, wait for deals, and buy something more durable that will offer you value for money.

Spend Less

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The rich remain rich because they spend less. This does not mean they are cheap. They use the ‘boots theory’ concept. This says that sometimes the cheapest stuff is expensive in the long run because it keeps breaking down and has to be replaced constantly. When you buy something quality and expensive once, you do not have to worry about replacing it for a long time.

Do Not Acquire Things You Want, Avoid Things You Do Not Want

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Money impacts happiness only to a certain extent. Beyond that extent, you are no longer excited about spending money. 

Live Like a Broke College Student

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If you want to save money fast, consider living like a broke college student;

  • Cancel all subscriptions
  • Drink cold water
  • Go to public places such as parks whenever you want to have picnics and outings
  • Garden

Avoid Having Kids

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Kids are expensive, and unless you have set your affairs so you can afford to cater for them, keep off having kids as long as possible.

Give Yourself Allowances

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Allocate yourself an allowance every time you get a paycheck. Use this allowance as you wish. Save the rest after paying utilities.

Have No-Spend Days

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Allocate a couple of days a week where you spend nothing. Channel this money into savings. Prep your meals to cover these days.

Make Savings a Hobby

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Play a game with yourself on what you can save money on. Keep track

People Who Grew Up Poor Share The 20 Ultimate “Poor” People Hacks

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Life’s thrown us a curveball, and our bank accounts might be staging a rebellion, but fear not! We’ve got something up our sleeves- a treasure trove of tips and tricks that will have you grinning ear to ear as you outsmart the very concept of scarcity. Being broke? It’s not a limitation; it’s a canvas for creativity!

People Who Grew up Poor Share the 20 Ultimate “Poor” People Hacks

20 Of The Worst Mistakes You Can Make In Your Life

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Life is like a roller coaster- it’s filled with exhilarating highs, nerve-wracking lows, and unexpected twists that can leave us hanging upside down. We all make mistakes along the way, right? Because at the end of the day, we are only human!

20 Of The Worst Mistakes You Can Make in Your Life 

15 Tips For Frugal Living On A Tight Budget

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If you are looking for tips for frugal living on a tight budget, this post is for you. 

Being on a tight budget means looking for even the slightest opportunity to save money. It could be saving to clear your loans, for a bigger purchase, or even for early retirement. 

15 Tips for Frugal Living on a Tight Budget 

12 Frugal Hacks That Make All The Difference

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A Reddit user who started the frugal journey with his wife a couple of years ago wanted to know the frugal hacks people had that made all the difference.

According to the OP, shopping grocery sales every week and planning their meals helped cut their bill from $250 to $100 per week. Other users shared their stories about frugal hacks they had that made some difference in their lives. Here are some of the best ones.

12 Frugal Hacks That Make All The Difference

14 Frugal Living Tips To Learn From Warren Buffett

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Legendary investor Warren Buffett is one of the wealthiest people in the world and, for a time, was the wealthiest. It might surprise you, then, to learn that Buffett is a proponent and practitioner of frugal living and always has been.

14 Frugal Living Tips To Learn From Warren Buffett 

This article was produced and syndicated by A Dime Saved.