How to be a Super Saver

Learn to use your money wisely because by doing so, you’ll find that you always have extra cash on hand.  Here are practical suggestions for your everyday life.

1.  Monitor the use of utilities every  month.  By being conscious of how your family consumes water, electricity, and cellular phone usage, will go a long way in cutting down costs.  Once you start to monitor your utilities, you’ll surely save 20 to 30 percent in expenses. 
2. Food is where you can save the most, so plan your menu for the whole week.  This way, you can do your grocery shopping only once for the whole week, saving you time and money.  Having a neat list when go to the supermarket is also a surefire way of making sure that you’ll only buy what you need.
3. Shop for clothes during off-season.  Resist the urge to buy during Christmas or school opening season. Wait for sales.  If you need to buy clothes for yourself, and shoes for your kids, like the john deere boots that you’ve been eyeing for a long-time, go ahead, but make sure that you have enough budget to pay for them.
4. Avoid buying on installment.  It’s much better if you can save for the total amount of the item that you want to purchase, and then just buy it when you have enough money.  This way, you can avoid the interest that you are bound to incur if you opt to buy it on installment.
5. When buying a car, make sure you can cover at least 50% of the amount, to get a lower interest rate on installment. Companies that offer installment payment schemes, rely on higher interest rates on longer installment plans as a form of insurance against non-payment.