old money saving tips

Hi Ladies,

Here in this post, I will share the common money-saving ideas followed traditionally and still followed by every middle-class family.

And I too follow these steps to make some extra Money.

Many middle-class women control their yearly expenditures, education costs for their children, and saving an emergency fund using the below method.

Several of these ways are still effective at the moment and it help me to save hundreds of rupees per month.

I hope these styles also help you to save money.

The first thing is recurring deposits, then buying things wholesale and Sell Used, Old, and Recyclables things, doing listed shopping, and home garden 

Magical Recurring Deposits

Myself is a big fan of RDs or Recurring deposits I have at least two RDs on hand at all times. 

My RD is of small money but I will make sure I save money before I spend it. 

Here I invested in RDs as soon as they reached maturity and also used RDs to arrange significant events. Therefore it will help me in any circumstance, including crises.

Buying Things Wholesale

Buying Things Wholesale

I used to buy things at wholesale prices. whether it is  Rice, cooking oil, pulses, or even toiletries were bought in bulk in my home. 

So I saved thousands of rupees on everyday items each year. If you guys also try this method you will see the difference in your budgeting money for groceries.

Sell Used and Old Things 

Sell Used, Old, and Recyclables

We had different bags in our home for newspapers, plastics, and unused items, and those things go into that bag.

Every couple of months, I make sure to sell used, old and recyclable products to the scrap dealer. The money raised from these is used for the newspaper or any other purpose.

Being middle-class women, money was never easy to come by. So the only way to operate a household effectively was to manage the spending. 

Most women in India used the same strategies that I did. From these , They were able to support their family by saving and investing their money

Do List Shopping

Smart Shopping

Whenever you go shopping, use a list to buy the things, which help you to keep your expenses down. 

I purchase non-perishable items in the middle or end of the year and stored them. You can also do with apps, coupons, and deals on the Internet to save your money.

Home Garden

home-Gradening

In our vegetable garden, we plant seasonal veggies so that we use them. In that, we will save 100 rupees each day. Moreover, we will get wholesome and fresh vegetables and fruits from my own garden.

DIY–Do-It-Yourself

DIY–Do-It-Yourself

The DIY trend has gained popularity nowadays. Many people utilize it to give their homes a unique touch. Some people have used it to build profitable businesses. 

Our moms and grandmothers have been carrying out this task for decades.

My mother used to make elegant cushions out of an old saree, crocheted sweaters, recycled used plastic bottles, etc. here we can cut down spending costs.

Did you know any methods for cost-cutting? Tell us in the comments section below.

Other Articles you can check out!

The Complete Guide to Emergency Funds and How You Can Save One

How to Create a Budget: Budgeting Tips for Beginners

10 Tips To Start Building Financial Freedom You Always Wanted

5 Smart Ways to Investing Your Saving in India


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