Room buddies looking for ways to survive on a tight budget? Everyone has bad habits but even a small effort to control the bad habits can help you save money.
Bad habits are really tough to break. Habits decide who you are so the key is controlling the bad habits. Here are 10 tips for room buddies on how to save money by leaving bad habits.
- If you have the habit of buying the things on sale even if you don’t require it, leave this bad habit. If you don’t require it, then the price shouldn’t matter. Just think before you buy, wait for something that you actually require and spend your money wisely.
- Unnecessary Services: There are many services like premium cable channels, gym memberships, fancy cell phone features which you rarely use and you feel you’re not getting your money’s worth for these services. Do consider what are you paying for and make out what you need and don’t pay unnecessarily.
- Unhealthy Habits: Smoking and alcohol are the bad habits which not only disturb your budget but these habits head you towards future health problems as well. This will not only trouble you, but you have to be prepared for the high costs of medical bills in future. These habits are bad for you physically and financially. Leave these bad habits and spend the money saved in something constructive instead.
- Bottle your own water: Drinking water is good for your health and if you are not thirsty you will not be tempted towards buying those huge bottles of cola and sprite which could be devastating for your health and money too. Make a habit to keep bottled water at your desk. But there is no need to pay every time for disposable bottle, buy bottled water only once in a while, and then reuse that bottle to fill your own water.
- Reuse and recycle: You all room buddies think before throwing, as there are many things which can be recycled or reused. There are many communities which host drop-off centers where you can trade in your aluminum cans or other scrap metals. Many scrap yards pay for metal from the scrap of the soda cans and soup cans we use every day. Call your local waste management company to find out if there are any metal recyclers near you. So recycle your waste and help in saving our Earth and also save a little money.
- Hide the Credit Cards: Another common bad habit is the temptation to buy now and pay later. These spending habits can make you spend more than your budget. If you can’t leave this temptation…better to hide the credit cards until you learn a little restraint.
- Dining Out Often: Cut out “treats” during the day, try to avoid your daily coffee, sandwich or your weekly take-away or just limit it to once a week as a treat. You may be surprised by how much you save by doing this and to fight with your hunger, you can always make your own coffee or can get your snacks packed at home for an afternoon munch.
- Take a course online: Online courses can be great source to learn and saving money. This way you can save all the expenses which you have to do to attend a traditional classroom like expenses on gas, paper, ink, notebooks, dining hall lunch and lot more.
- Stay at Home: Although it can be nice to roam about every now and then, but staying at home is much cheaper. In place of going out for the night, all of you room buddies can have fun at home by enjoying games, gossips, or snacks.
- Cook with Room buddies: If you are five room buddies in your student accommodation, in spite of cooking five separate meals on your own, cook collectively. It will be cheaper to buy and cook one meal for five than preparing five separate meals. This way you will get healthy home cooked food while saving money.
Following these simple tips might not save you big dollars only but don’t give up, these tips will definitely help you survive on a tight budget and above all you will be more confident. Stay tuned…a lot more to follow, next week we will share few valuable tips to save some money on your clothing budget.