I stumbled upon a book online titled Living Rich by Spending Smart and it prompts me to think what we can do in our daily life to save more. With the current economic situation, (the fuel price hike, rising cost of food and raw materials), it is best that we check our daily spending habit and see whether we could cut back on certain expenses to save more for rainy days.
Of course certain things that you need, like medication, food, clothing and even eyeglasses for those who need them to stay focus and see the world clearly, you can’t compromise but you can still save by looking for cheaper alternatives.
Buying stuffs online rather than go out to the mall could help reduce the usage of fuel, save your toll expense, cut back on parking rate and even reduce the possibility of buying more items that you don’t really need. I like this part in the book that says don’t touch the merchandise. Research shows that people are more likely to buy an item if they can touch it and envision it as their own.
So if you are planning on buying items for seasonal festive like the coming Christmas, you should start planning your budget earlier as it is proven that last minute buying could lead to massive overspending and unwise decision.