1. Have An Objective
Save money for specific objectives. Love to travel? Start a travel fund – it’s easier to be prudent with your finances when you know exactly where they’re going.
2. Take Advantage Of Free Trials
Sign up for free trials – to gyms, online magazines, even Netflix. You get the service without having to pay a cent, and get to try out something you might want to keep. Just don’t forget to cancel the subscription if you don’t want to commit to it.
3. Use Crowdsourcing Platforms
Try out crowdsourcing platforms like Airbnb instead of hotels when you travel. They are usually cheaper, offer more privacy, and give you the opportunity to make friends with your hosts in other countries.
4. Sell Your Old Stuff
Stop collecting and start selling. You know you have all kinds of things at home that you used to love, but now just add to the clutter. Sell them online on sites such as eBay, Gumtree and Amazon. One man’s junk is another man’s treasure.
5. Know The Tricks
Here’s something many people don’t know: You can get an Apple product for much less money if you buy it “refurbished.”
What that means is that Apple has a selection of products on their online store which come with a new outer shell and battery.
It means you get the same outward appearance and performance as a brand-new product, just without the fancy packaging. Apple’s online store in Singapore, for example, sells a Refurbished 13.3 inch MacBook Air for S$998, as compared with a new model which starts at S$1,328.