When it comes to budgeting, nobody is going to get over-excited, the way they would if they had a shopping trip or other spending spree pending. However, there can be something somewhat satisfying about setting a budget and saving yourself some cash here and there.
With savings from your shopping in mind, here are ten tips to help you get the most out of your spending.
1. Shop Locally
Shopping locally not only supports local businesses, and helps reduce your carbon footprint but also saves you a packet on countless car journeys to out-of-town supermarkets. Take a stroll around the local shops, and you might even enjoy it a bit more too.
2. Make Shopping Lists
Wandering around the supermarket aimlessly, hoping for some inspiration for your next meal to pop into your head, usually means you’ll overspend. You will never remember everything that you need, so make a list of the essentials, and stick to it.
3. Don’t Shop For Food When You Are Hungry
Walking up and down the supermarket aisles with your stomach rumbling through hunger will force you into buying everything you see, particularly tasty snacks. If you want to avoid a trolley full of crisps, chocolates, and cakes, eat before you do the food shopping.
4. Use Vouchers
You maybe have found yourself standing in a shop queue, and your heart suddenly sinks as the person in front of you pulls out a carrier bag full of vouchers. Misery it might be for you, but for them, it is a cash-back bonanza!
Many companies are using vouchers, codes, and coupons as marketing tools these days, there is an incredible amount of money to be saved in your shopping.
5. Visit the Discount Stores
For your household essentials like washing-up liquid, toilet paper, and toiletries, try visiting the local discount stores. They often have promotions of overstocked branded products from other chains so that you could also pick up some real bargains.
6. Bulk Buy
Stocking up on certain items that are on offer will help you save money in the long run. You will have to fork out a little extra early to buy in bulk, but you will soon notice the savings. Ideal things to bulk buy are those with long shelf lives such as pasta, rice, tinned products, etc.
7. Pay With Cash
Unless you are strict about clearing your credit card at the end of each month, pay everything using cash. Cash makes it much easier to stay within your budget, as your spending is limited to the physical money you are carrying.
8. Shop During Sales
There seems to be a never-ending sale on the High Street these days. Use the abundance of cut-price offers to make your non-regular purchases such as appliances, furniture, clothes, etc., and you will save yourself a packet compared to regular prices.
The discounts typically range from 10 to 60 percent, though you’ll generally find larger discounts on clothing than on other items.
9. Search Markets and Charity Shops
Markets and charity shops can prove to be a gold-mine when it comes to finding bargains. However, you need to be dedicated, and you need to be quick. There are plenty of other bargain-hunters visiting these places, too, so visit them regularly to ensure that you don’t miss out.
10. Buy In Advance
The best time to buy Christmas cards is during the January sales when all of the old stock that was not sold the month before will be drastically reduced in price. The same applies to all significant events, so think around 12 months in advance, and you can make some incredible savings.
Following these ten essential tips will save you some cash, give you the satisfaction of staying within your budget, and help form some money-saving habits.