Saturday, March 22, 2008

After Creating A Budget -This Is The Step You SHould Take

As in my last post I wrote about a first step which needs to be undertake in order to manage your finance is to create a budget.

So now you must have seen where all your cost is being spend. But you will still be thinking where I can decrease the cost. By spending less on social life etc? No. there are many other ways and steps to undertake which will help cut the cost.

1. Always plan your shopping list a head. This will enable you to just go and shop for the product are in your list other wise there you will be buying the product which you wont need. Trust me it really works.

2. Always look for reduced item as they are near expiry date, so if you are going to use if you are planning to use item before expiry date then why not gain a bargain.

3. Buy a cheap meat, no the expired meat, like buy in bulk 12 chicken and freeze them. trust me that is a real discount. for example I bought 18 medium chicken from my local wholesaler it cost me around 20 pounds.

4. you can also grow your own plant, this will help make your garden nice looking and fill one side with tomatoes, onions, chilies etc.

5. Look for special offer for example today I went to tesco and I saw buy one get one free tea bag box. So I bought ten of them. Which mean 20 for the price of ten? 50% discount. It works out really cheap. Think!!!

6. Always make your mind that you will try your best to save your money trying various strategies. Because if your are not motivated to save then there is no point.

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