How to save money with a low salary

The economic situation of recent years has not just come back and the most serious consequence is the worsening of household finances. Millions of families survive with minimum wages and making ends meet becomes a disheartening challenge. In .com we teach you how to save money with a low salary .

Savings, a matter of habits

It is important to understand that by adopting a series of simple consumption habits, household accounts can benefit greatly. It is very useful to raise the awareness of the whole family that saving is a matter that concerns everyone and that each member can contribute their bit to make monthly burdens less harsh.

Start with the little ones in the house and teach them to turn off the lights when they are not in the room, avoid wasting tap water or leave the computer or video console on all night.

Obviously these tips are also applicable to adults. It is well known that the simple fact of leaving the appliances on standby can make us consume almost four euros a day on average or, which is the same, a peak of more than € 1, 400 per year in the receipt of electricity.

The same waste can be produced through a poorly used heating or air conditioning, washing machines with little clothes, a dripping cistern ... Everything is money that comes out of your pocket!

Make the shopping list

When saving in the shopping cart it will be very useful for you to go to the stores with a list of the products you need. Take a look at the pantry and the refrigerator first and write down what has been finished. This behavior will prevent you from throwing into the cart things that you do not need and that cause you an unexpected and unnecessary expense.

Avoid brands and compare prices to save at the supermarket. Take advantage of coupons and offers, but keep in mind that many times a discount coupon may be more expensive than a white label .

Say goodbye to unnecessary services

Many times we racked our heads to devise how to save money with a low salary, without noticing that in many cases money escapes us through small commissions and services that, in reality, we do not use.

Look at the credit cards that you carry in your wallet and check how much money they charge you for maintenance and interest expenses and do accounts to see if you get profitable. By the way, it cancels all those that you do not use, it is absurd to pay for something that you do not use.

The same applies to services such as the call waiting for your phone, the amount of megas you really need for your personal use or the paper bill. You do not need the speed of a superempresa to see your email and you can switch to electronic invoicing, you will save money and you will be greener.

Use online comparators and see if home insurance, car insurance or your mortgage can be improved. In this sense, the war between companies to get hold of clients in times of crisis can help you and you should not refuse your right to change entity if with it you get benefits.

Make smart use of transportation

Sometimes our car dies with laughter parked at the door for long periods. If that is your case, you are facing a very important tip to take into account to know how to save money with a low salary.

You must examine if you really need the vehicle. Think that the car carries with it a series of expenses that start a big pinch to the home economy: insurance, maintenance, ITV, taxes ... If you do not really use it, it may be more favorable to take public transport when you need it .

Another very profitable trick is to share a car . At present you can even benefit from some online companies that are dedicated to putting people in contact at the same address. In this way you can save money and meet new people.

By the way, make an efficient driving. To tread on the accelerator excessively, not to go with the correct march, the racks or the excess of weight can increase considerably the fuel consumption.

For small journeys, remember to move your legs or go by bicycle . There is nothing more economical and healthy and also allow you to enjoy the outdoors and help the environment.

Take advantage of second-hand stores

The crisis has also caused the proliferation of new types of commerce that accept barter as part of the payment or sell second-hand goods . We all have at home a handful of things that have been sleeping in the storage room for years. Take them out and take advantage of them!

Recycle Take what you no longer need to this type of business and change it or leave it in deposit to be sold. Not only will you save, you may even take out some money that will come in handy to help if you have a low salary.

Keep your accounts

How to save with a low salary? There are no mysteries. Make apply the principle of not spending more than what you enter and bring your own accounts will help you with the day to day. In this way you can have your economy clear at all times and establish a principle of priorities that avoid unnecessary spending.

There are many apps that can help you with this matter, although making the annotations in a book of a lifetime also works. Cheer up and see how you can scratch a few euros with these simple tricks.