I have been monitoring my expenses since Day 1. Most of it are spent on rent, debts, and food. Yes, I haven’t gotten out of debt. I have been trying to manage my debt the best that I can so I can recover once the pandemic has passed. We don’t know how long this pandemic will last, so now is the time to hold on to your money.
Read Also: 10 More Ways to Save Money
With the bills piling up and poor cash flow, not all stuck at home are saving money. Like many others, I wonder how to pay my bills and make my way through this financial crisis. The pandemic has affected our daily activities as well as our finances. This is the reality. If there is a way to save money now, I want to know about it.
Plan Your Meals
I have been thoroughly planning my meals in the previous weeks. Arranging meals can help us keep our grocery list tight. It keeps us from buying too much food at the grocery store.
In the first seven day stretch of quarantine, I don’t know what to buy since I don’t have a fridge. I chose to stock on breakfast cereals, oatmeals, instant noodles, canned goods, pasta, and pasta sauces. We are now in the eight weeks, yet I still have those in my pantry.
Make a Grocery List
When buying, have your grocery list ready and follow it carefully. This is the quickest way to cut the bill down in almost a half. Before, I don’t mind not having a list. I always take my time shopping. Since we have a limited time inside the grocery store, we cannot do that anymore. Aside from saving time and money, preparing a grocery list has many other benefits.
I have been doing this for a while now. Preparing meals can sometimes be tiring- the planning, the cooking, and the clean-up. But when you cook in large quantities, you will save more time. You will only be cooking once or twice a week. Not only that, but you will also only be grocery shopping once a month.
Cut Out the Non-Essentials
Buying essential food will be much more financially efficient. For the time being, refrain from buying unnecessary junk foods, sodas, and juices. For now, get serious about what you need and want, and use this to spend less.
Grow Some Food
I don’t know if I can grow food in my unit or at the roof deck. Even if I could, I don’t know how to start.
Unplug Unused Devices
Unplug devices (cell phone chargers, laptop chargers, and wifi routers) that are not in use. Even if the device is in standby mode or off, the plugged-in devices’ energy costs can add up. This will also help you save on your electricity bills.
Turn Off the lights
Also, keeping the light uses a lot of energy. Let the natural light into your home. Imagine the difference you can make if you turn off your lights in the daytime and take advantage of the natural light.
Stay positive. Do your best to focus on what is generally essential to you.