In the present economic situation, the prices of different goods and services are always increasing everyday. Money has become quite hard to earn. Therefore, many people are looking for ways to save their money. In my opinion, as a housework, I think saving money at home is one of the best ways to save our money. According to our monthly income is high or low that we can have the good ways to save money at home. First of all, to people with high income, living standard is also higher.
In the home, they use many equipments that maybe cost a lot of money for them such as: television, refrigerator, air-conditoner…. One of the best ways to reduce their home costs is saving money on their energy bills. Monthly, they have to pay a large of money for water, electricity, gas bills, … . To reduce monthly payments, they must decrease the quantity of using energy at home. They should turn refrigerator, air-conditioner down by setting temperature as suitable as possible. Don’t open fridge doors for longer than necessary . To clothes washer, they can wash economically by only using washing machine when having collected a full of load and setting clothes washer to the warm or the cold water setting, not hot.
If they need to wash a part of load, they should use the half load setting to save electricity. Besides, to electrical appliances and lighting, they had better turn any appliance off that they are not using, especially by switching lights off , turning the computer off or put computer to “sleep” automatically when they are not using or leaving the room… These method can help them minimise unnecessary energy. If they can save energy, this also means they can reduce their payments and save more money monthly.
On the other hand, people with low income, saving money seems to be like a challenge. They have make difficult decisions about what they spend money for and how they cut out daily expenses at least wherever possible. To do that, besides reducing monthly energy bills, they should make a planning for daily goods. They’d better change their shopping habits completely. They must plan their meals and make a shopping list . This usually help them to take less time than the time they spent going back to the store for forgotten items.
Before going to department store, they should check kitchen cabinets and refrigerator, then making a weekly menu of favourite dishes. When shopping, they just shop only once a week because the more trips to the store, the more money they will spend. With a menu plan, they can reduce trips to the store and casual spending. Another way for people with low income is saving salary that they earn. Each month, they should leave on their saving account 10% of salary, and remember that don’t spend any cent from this amount of money and keep it for future plan or emergency situation.
Saving of money is not really difficult and there are many ways of saving money. In my opinion, if we can control our costs at home with some thought, some change and planning, we can reduce monthly expense and save much more money. I think that it’s more better when everyone plan to save money for any emergency situation. It will be good habit to save money and spend only on what is really required, especially in the present economic situation. Planning to save money will help us to be happier and to ensure our future life.