5 Yesteryear Ways To Save Money


5 Yesteryear Ways To Save Money


5 Yesteryear Ways To Save Money

When it comes to the world of fashion it’s a popular saying that if anything goes out of fashion in your wardrobe keep it in your wardrobe for a long time and it comes back in fashion. Does the same apply in other parts of life as well? It certainly seems so. In terms of saving money, you might have read tens of blog telling you new ways to save money and yet there are many habits from the old times that you can easily adopt to save yourself money. Here is a list of 5 of those retro old age ways that were smart and savvy and yet effective money saving tips too.

1.     Skip The Smartphone And Play Outside

This is one thing that will definitely be a major lifestyle change for you. Smartphones cost lots of money to you especially in terms of internet and other such facilities. Having a phone without internet will help you save hefty amounts of money.

Skipping the use of smartphones will also rid you of the web of constant connectivity and allow you to have fun outdoors and make sure your health improves and not only your bank balance.

2.     Start To Carpool

Back in the 70’s, carpooling was at the peak of its popularity with people supporting the initiative to save gas. Today with the costs of transportation and other expenses being rather high it means that carpooling is likely to save you a good amount of money. In today’s world applications have emerged that can pinpoint the exact location of colleague which means carpooling can again become a very real possibility.

3.     Track Everything You Spend

People in the vintage eras were very keen on recording of their financial activities. They tended to write down all types of expenses that have incurred. Writing transactions of money and being able to track down your spending means that you will have a chance to carefully review your spending and outline the places where you spent unwisely and should rectify.

4.     Make Savings A Habit

The generations before us tended to prioritize everything and one of the top most things on their list of priorities was usually to collect money for their savings accounts. Savings are definitely an important aspect of life for most people even today and it is important to note that savings must be done to ensure a tension free safety net of money is guaranteed. The best way to savings is ensuring that regular amount is added into the savings account.

5.     Take A Lunch Box To Work

If you consider the amount you spend on lunch and work, you will be surprised at the amount that can be saved. Back in the day, most people took their own lunch boxes or lunch bags to office and resisted the temptations to go to restaurants. Make sure you take food to your office and avoid the expensive lunch spots that you previously visited.

"A man may, if he knows not how to save as he gets, keep his nose to the grindstone." ~ Benjamin Franklin



 

A Selection of Benjamin Franklin Money Quotes

  • “A penny saved is a penny earned.”
  • “A man may, if he knows not how to save as he gets, keep his nose to the grindstone.”
  • “Idleness and pride tax with a heavier hand than kings and parliaments. If we can get rid of the former, we may easily bear the latter.”
  • “If you would know the value of money try to borrow some.”
  • “He that waits upon Fortune is never sure of a dinner.”
  • “Having been poor is no shame, but being ashamed of it, is.”

~ Benjamin Franklin