Top 10 Best Ways to Save Money in 2021: “COVID” Times

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With 2020 taking quite a rough turn, if the year has taught us something, it is to be wise with the money we spend. It is important to navigate through 2021 with caution and save money for any possible disasters or unforeseen happenings that could pop out.

Due to the drastic change, it would be a smart move to find ways to save money while spending most of the time at home. A common misconception is that if you work from home or spend most of your time at home, you will spend less. This will only happen if you are careful.


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What are 10 ways to save money?

1. Buy in Bulk

For nonperishables, it is important to buy in bulk to save money. This applies to tissue paper and other groceries.


2. Cook more

Instead of having food delivered, try cooking budget recipes and store them in advance.


3. Think before buying

If you want to buy something now, try sleeping on it and really decide if you need it. After 24 hours, or maybe a few days, reassess if you still want to buy that item.


4. Avoid buying unnecessary things

Stop buying things you don’t need. When scrolling online, every once in a while a cool gadget or item pops up. Refrain from buying if you don’t need it.


5. Be mindful of the electricity

If you are not using it, turn it off. Something that also helps is having an outlet timer for certain things. Set them to turn off at night if you aren’t automatically turning them off.


6. Simplify your purchases

There is really little need for shopping these days since the average person has significantly dropped in frequency of their outings.


7. Make goals

Goals keep you motivated and help you save. While a house might seem too far, try thinking of the house room by room. Save up this amount for this room and so on and so forth.


8. Put limits

Of course, you need to treat yourself every once in a while. However, make sure to put a cap. Something that won’t hurt you. If you’re spending $100s on a snack, you might want to rethink this.


9. Stop bad habits

Try recycling paper, cutting down on smoking, or even avoid unnecessary spending.


10. Go for deals

Should you still need something, try to look for good deals that could give you a discount.


It is important to save money in this unsteady time for whatever happens next. Step by step, start stacking up your money.


Also check out: Top 10 Best Car Deals of 2021: Cars Under $20,000

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