Each one of us wishes to save more and spend less. With this in mind, we make investments or save in a bank. However, the benefits of doing so are recognised in the long term. Do you know we can save even more by putting a watch on your daily traits? Let’s find out!

Unhealthy, Costly Routines

Such routines encompass anything that makes you spend more but ends up giving no beneficial value in terms of physical as well as psychological health. They are unhealthy habits that indicate an unhealthy lifestyle. However, people still stick to such traits to waste both money and strength.

Some of these most common routines are drinking, smoking, playing games for hours, watching movies until late at night or for long hours during the day and binge or junk eating. Such daily routines make you spend lavishly only to fade your psychological abilities and disturb the internal physical systems.

In short, you are spending money to destroy yourself! Well, this is sheer absurdity without the intention of offence. You can make a list of how much you spend on these behaviors and you will see how much sizeable you can save. Just calculate and just abstain from them!

Keep Savings Account as the Last Resort

It is okay to have a salary account and keep withdrawing from it for fulfilling your different monthly needs. However, it is not wise to start withdrawing from the savings account every time the salary account’s balance comes down to the minimum account balance or becomes zero.

Remember, the savings account has your saved money that you have gathered with many compromises. Thus, you should not be using this money for daily needs. This money is used only during a crisis that does not come every other day.

So, stop relying on the savings account for daily needs and you will then start spending prudently to ensure a good savings balance. 

Loan Balance Transfers

This is the tweak to try if you have obtained a loan from a bank and are repaying assiduously. If you have never deviated from consistent repayments, you can reduce your financial burden by requesting a balance transfer to some other bank. Doing so will give you a lower rate of interest, which means you will end up saving more although you are repaying the loan amount.

Cook Your Meals

It is tough to resist the temptation of ordering online food and enjoying the delicious flavors. Most of us do so almost daily or every other day, because it helps in saving cooking time but end up paying significantly. Just make a list of payments you make monthly for ordering restaurant food.

This will stun you! You will realise how much enormously you spend to save marginal cooking effort. So, if you wish to save, consider cooking for yourself by learning new nutritious and quick recipes. Restaurant food is simply not going to keep you healthy and wealthy if you order it quite frequently.

Use Travel Cards

This tweak is for those who travel at least twice a month. Air travel can be quite costly, especially if you have no advance plan of booking and book at the last moment. If this is the case, consider saving more and spending less by using a travel card to book air tickets.

There are dedicated travel cards to provide flying points or miles for every travel. Some cards give you significant miles for using the card for the first time. You can use these miles for cash on your next booking. With one such card, you also enjoy other perks such as premium lounge access or a free restaurant meal.

Conclusion                                                           

So, which is your way of saving money? Aren’t all required to save more?

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