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Top 3 money saving tips

1.    Make sure a sale is a sale
Do your price research before you commit to making an expensive purchase in a retailer's money-off sale. Don't fall for a creative marketing strategy which encourages you to spend money without thinking.

Once you have researched the true price of a product (any product) you are in a good position to take advantage of a sale, special offer or discount and really save money. "Buy one get one free", "50% off", and "Huge Discount" will only help you save money if the actual price you pay is lower than you would pay somewhere else for exactly the same product.

2.    Buy in bulk
Save money grocery shopping by planning meals in advance and bulk-buying. But be sure that any product you buy will get used before it goes bad – you won't save money if you have to throw stuff away.

You can also save money by cooking in bulk. Preparing food in bulk and in advance also gives you the opportunity to plan ahead and be more accurate in your budget. Besides, prepared foods and convenience foods will always be much more expensive than the generic ingredients needed to make the food.

3.    Eat in rather than out.
This is a huge area where you can save money. A cup of coffee taken out could easily cost you twenty times (or more) what it would cost you to make it at home. So think before you drink when you are out. Eating is the same.

Fast food restaurants are counting on you eating food that you perhaps don't really need at that time but buy just because it is quick. Why not wait until you get home and have a more nutritious meal and save money at the same time?



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