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Thursday, December 10th, 2009

Thrifty Mommy

10 Time-tested Ways of Stretching Your Budget

January 30, 2007 by admin  
Filed under General, finances

budgetWhenever you feel like money is an issue, refer to this list on extending your budget:

1. College students should learn to buy used textbooks.  Old books that can still be used are much affordable than brand new ones.

2. Learn to cook meals.  One episode on the Oprah Winfrey Show showed that eating out could consume your money more than buying from the grocery and cooking all the meals at home.  This could save you thousands of dollars annually.

3. Cook one-pot meals. This means having all or several food varieties into just one pot!  This is perfect for those busybodies out there.

4.   If you can’t stop your credit card expenditures, then better cut up that card.  If you are the type that could discipline yourself, then cut down on your spending.

5. Bring home a movie and watch it with your family.  Going out would compel you to buy snacks, thus, lets you spend more. 

6. Carpool with your friends.  This would save you gas money.  If your school or work is near your area, why don’t you try walking?

7. Learn food storage.  Know the shelf life of foods so that you can store them properly.  Smoked meats store longer than fresh meat. 

8. Make use of discount coupons.  Know your needs in advance and buy them in bulk.  Retail buying makes you spend more.

9. Pay your debts and if you can, stay out of debt.  This will give you the freedom of using your income as it comes and saving for the future.

10. Know which to prioritize.  Do not buy your wants, buy your needs.

 

via www.thedailystar.com

image from host-budget.nl

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