15 Basic Money Saving Tips
14. Pay Cash for Everything
Although many consumers swear by automating each and every bill, this approach is not for everyone. Another technique that has been proven to work is to take out exactly how much money is budgeted for various household items like getting gas, buying food, clothes, etc, and putting it in its own envelope. When the money runs out, that’s it for the month. This helps dissuade impulse buys while at the store which are a big source of money drain for many people. At the end of the month, if there is any money left, then it can either be saved or used as a treat for staying under one’s budget.
