Saving Money is Easier Than You Think it is
Just about everyone could do with saving a few pennies for a rainy day, but sometimes cutting back on financial expenses can be tough. Here are several easy ways to save money that you may not have considered:
1. Carpool to work. Sharing a ride with neighbors or colleagues is not only good for the environment, but it’s easy on the wallet as well. Ride-sharing even one day a week has been shown to save carpoolers 10%–20% of commuting costs. Bonus tip: If carpooling doesn’t work with your schedule, look into taking public transportation instead of driving. You’ll save money on gas, car maintenance, and parking. You can find the transit schedule on http://www.cityofnb.ca
2. Make a meal plan. Dining out takes a huge bite out of many family budgets because most people don’t plan ahead. Every weekend, draw up a meal plan for the week ahead and shop for the needed ingredients. The excuse that “there’s nothing to eat” won’t be an option when dinner time rolls around.
Bonus tip: Take a detailed list to the grocery store so you won’t be tempted to buy items on an impulse.
3. Maintain your vehicle. Schedule oil changes and appropriate tune-ups when recommended. These have a financial cost upfront, but simple, ongoing maintenance work is far less expensive than major repairs that might be required if these are overlooked. Bonus tip: Learn how to change the oil in your car and perform basic maintenance yourself to avoid paying shop fees. Or, find a friend or neighbor who has these skills and make an exchange. An oil change for a week’s worth of dog walking only requires time!
4. Read e-books. Instead of buying new hard-copy editions, purchase digital books, which can be significantly less expensive. Bonus tip: Can’t give up the good ol’ ink-and-paper book? You can still save money by shopping at used bookstores or purchasing used books online. Alternatively, hold a book-swapping party with friends and you’ll all walk away with new-to-you books at no cost.