Its been an year since the deadly virus hit us for the first time still the impact created by Cotvid-19 is affecting lives across the globe. People have seen the worst life scenarios in the past one year.
Those who were earning enough money before the pandemic hit us, are now struggling to earn a living. Thousands of people lost their only source of income. All these things lead to financial stress.
But if you happen to be in the few lucky ones who still have a job with just a small per cent of salary cut, then we have got some of the great tips and ways to save money smartly during the pandemic.
Reframe your budget
The best way to start afresh with things is to make big changes from the scratch. The process of revaluating your budget can help you a lot immediately. Analyse where you can save a lot of money and where you are spending extra.
Seek help
You can also look for outside resources for financial help. Some NPOs, business owners and religious places are always ready to provide you with financial aid as well as job opportunities to help for a long-term.
This way you will be back on track financially and also you will be able to save a portion of money from what you earn. Moreover, all your necessary expenses will be covered, and you won’t have to struggle for essential items.
Small changes make huge differences
Small habits in your daily life can help you save a lot in a month. Like you can cut unnecessary expense like what you spend on cigarettes and lead a healthy life as quit smoking.
Look for an insurance provider, do your research and understand where you spend and what extra you pay. Sign up for an affordable plan for your life, home or vehicle.
You can also try switching to different internet data plans after tracking your usage and take a cheaper plan which fits your needs. Even the service providers help you nowadays in selecting the best and affordable plans for you. This will surely help you save money on your mobile bills.
Eat well and save well
If you are into ordering food online, make sure that you don’t eat too much of junk food. Cut expenses on excessive junk food orders online. You might not realize but this massive ordering will affect not only monthly personal budget, but also your health slowly and create deadly consequences for you.
Plan your meals and order food accordingly. Planning your meals will help you refrain from ordering excessive junk food and eat healthy stuff. Consider the pandemic time and order meals that improve your immunity.
You can also try different food items and then finally set your meals.
Subscribe if you use it
This is a good step if you have subscribed to many OTT platforms or other things. You may not realize it, but these subscriptions can take away a huge amount of money from your total monthly earnings.
Most of these subscriptions are of things that you don’t even use most of the time. There can be subscription of things that you might not need in real.
Subscription of things like Disney+ Hotstar premium, Amazon prime and Netflix can add up become gigantic by time and you will be left surprised at it if you have opted for automatic payments.
In this case, just see which thing you use the most and which one is the least used, track the time you spend on these platforms and then unsubscribe to the services which you hardly use.
Just subscribe to those services which are essential, and for entertainment, subscribe only to those platforms that you use more than others. This will reduce your monthly bills to a good extent.
