When the word ‘shopping’ is mentioned, automatically the image that comes to our mind is women carrying shopping bags in their hands. Do you love shopping? If you are someone who loves shopping, you want to shop till you drop right! However, you wouldn’t want your shopping habit to take a huge toll on your wallet right.
In this post, there are tips on how to save money every month for your shopping habit. It is something practical and easy to execute. It’s not easy to save money, especially if we’re not the type to have a lot of money. Here in this post, let’s read on how to save money based on 5 easy steps that you need to know.
Online Shopping Platform
Nowadays, in the modern technology era, even shopping can be done online. Applications and websites for instance like Lazada, Zalora, Taobao, Shopee, Ezbuy, Hermo, Watsons, Fave and many more websites are the choice of online shopping fans. Some people really opt for online shopping rather than physical stores. This is due to several reasons like many options available online.
For those who really like online shopping at Shopee Malaysia and Lazada Malaysia, don’t forget to use free shipping vouchers or Lazada vouchers for any purchases made. As far as we know, Year End Sale (YES) and holidays, there are many more discount vouchers on offer. During the sale, there are more discounts to be enjoyed. It’s really worth it!
Do Not Just Keep It Under Your Pillow, Yet Invest It
The next step in saving your income money is to gain it. Use it and invest it wisely. The more you save, the more pleasure you have, the more difficult it becomes to save money. Alternatively, save your money in a place where it will be difficult for you to spend it. Yes, the shopaholic problem is spending too much money on our wants. If it is possible, keep your money in a place where you won’t be able to withdraw money with your card. But, in the end, it’s up to you and your financial plan.
If you’re the impulsive shopper type, keep it somewhere so you won’t run out of money. So, how do you go about doing it? You must also adapt yourself in order to avoid being lavish. Try not to utilise your funds unless there is a genuine emergency. Spend wisely. In Malaysia, there are several options on where to save or invest your money like Tabung Haji and Amanah Saham Nasional Berhad (ASB). You could also buy RDP.
Planning First: One Of The Most Essential Steps You Need
One of the most effective strategies to save income is to plan ahead. If we had always spent this according to our desires and yearnings alone before this, our funds had leaked so much that we had no idea where our money had gone. For example, whenever you want to go to the supermarket and buy cooking supplies, make a list of what you want to buy. The same goes for your wants. Once you’ve made your list, be sure to stick to it.
Stick to the list. Jeans, shoes or clothes? You can avoid overspending by budgeting your expenses. This method can be used to save money on a variety of expenses, not only your kitchen desire.
Do Not Impulse Buying
Buy what you need. It is a waste when things are not used. For instance, do not buy the same style of shoes. You would only wear it once. It will lead to you feeling regret. The difficulty of this is that some people will continue to repeat these circumstances and feel sorry for themselves.
To tackle this dilemma, you must first distinguish between your needs and desires. You can see which one you actually need because it’s so close. You must endeavour to be self-disciplined when it comes to the lavish.
Change Your Lifestyle
Many of us love an expensive lifestyle even if the salary is enough to eat. We should change our lifestyle in a simple way. For those who like to drink expensive coffee, switch to fresh coffee that you brew yourself at home. Love Starbucks? You may enjoy them not as frequently. Grab them during promotions and it will be a lot cheaper.
Change the practice of shopping at shopping malls on weekends to visiting parks or places of free activities. Vacations are indeed necessary but if too frequent, you may not be able to save and save. Practice “staycation” which is to relax and do your favourite activities at home. Through this, you could save more money to shop.
If you want to go on holiday too, go on holiday in the country. Change staying in an expensive hotel to a homestay. This is more economical. More money can be saved for the future. Be frugal as long as you can, and cut out unnecessary expenses.
Online shopping or shopping is fun if you have money or a budget to shop. You have to be careful when shopping if you don’t want to regret it later. That’s all in our article today. I hope that these tips in this article bring you many benefits that you can apply in daily life.