When you have a tight budget, it means you want to avoid over-spending for the necessities.
By learning a few creative ways to save money on a tight budget and unusual cuts on your expenses, you will have extra funds to put away for an emergency or to start paying down credit cards or other debts that drain your finances.
The key to saving money is recognizing the opportunities in your normal routines.
6 Unique Ways to Save Money on a Tight Budget
Pay in Cash | Ways to Save Money on a Tight Budget
The ways to save money on a tight budget start with your spending habits.
Avoid the credit and debt cards when you go to the store.
Pay for necessities in cash.
This will prevent you from accidentally spending more than you have in the bank and facing unnecessary overdraft fees.
It ensures that you only spend the amount you set aside for the trip.
Set a Time Limit in the Store | Ways to Save Money on a Tight Budget
Shopping on a deadline is a key way to avoid overspending at the grocery store or when you have other necessities.
Write down your list, walk into the store, and get out quickly to meet your time limit.
By setting a time limit, you will not be tempted to buy unnecessary items because you do not have the time to browse and look around the store.
It keeps you within your budget and ensures that you stick to your list.
Unplug at Night | Ways to Save Money on a Tight Budget
Unplug your electronics – many appliances consume energy even when you’re not using them pic.twitter.com/GTCxZWnUay
— UD Hanley Sust Inst (@ud_hsi) November 13, 2017
Leaving electronic items plugged in when you are not using the item drains your power.
Even when your electronics are turned off, they pull in small amounts of electricity.
A simple solution to cut your power bills is pulling the plug when you are not using a device.
Alternatively, you can invest in an advanced power strip that prevents certain items from pulling power when you are not using the item.
Consider Hair Care from a School | Ways to Save Money on a Tight Budget
Getting your hair cut at a salon is expensive.
It can add up quickly based on the services you need, the length of your hair, and the number of cuts you need throughout the year.
Save money by visiting a beauty school.
Beauty schools train new stylists to manage different hair types and work on different styles.
Although the stylists do not yet have the experience to work in a salon, they have practice on wigs before they work on your hair.
Depending on the beauty school, they may cut your hair for a fraction of the cost or at no cost.
Take Cold Showers | Ways to Save Money on a Tight Budget
A cold shower is a great way to wake up in the morning, and it cuts back on your showering time.
When you are taking a cold shower, it will not offer the same level of comfort as a hot shower.
As a result, you want to get out of the water quickly.
It also helps with your budgeting goals by reducing the amount of heating you use when taking a shower.
By using a colder temperature, you do not waste electricity or gas to heat up the water.
Don’t Wash Your Hair | Ways to Save Money on a Tight Budget
It is not necessary to wash your hair on a daily basis.
In fact, washing too often can actually damage your hair.
A simple way to save money on shampoo is cutting back on the number of times you wash your hair.
Opt for washing once per week.
You may have greasy hair for a week or two, but your body will adjust the oils when you are no longer stripping away natural oils.
Ultimately, your hair will look better due to the natural oils and you will not be wasting your money on shampoo every few weeks.
Keep in mind that you will want to wash your hair around once or twice a week for hygiene and to remove any hair products you use for styling.
Here’s a 21-day saving challenge featured on the Rachel Rey show you might want to try to save for an event or an item you eagerly want to buy:
Saving money on a tight budget starts with clarifying your options.
You have a variety of options to help reduce your costs, but it starts with a willingness to make a change to your normal routine.
Prepare for a few small changes and start with one adjustment at a time until you feel comfortable making the next change to your lifestyle.
Over time, the small changes add up to funds you can save or invest.
Do you have any unusual ways to save money on a tight budget? We would want to feature your ideas too! Hit us a message in the comments section below!