Save money every month

9 tips on how to save money every month

Do you know: getting a salary, apartment, food, clothes, going out - and broke again? Well, life is expensive. But often you spend money in places where it is not necessary. We want to explore them here.

How can you simply save money without it hurting? And where are the obvious savings opportunities that you may have never thought of? Here are 9 tips for everyday life that can effectively save you money.

1. Where do I start saving?

Taking stock is the first step to saving. Many people have far too many things that they a) do not need, b) have in duplicate and triple, because c) sometimes they cannot remember to own them or where they are stored. Unfortunately, this chaos means you spend way too much money on new knick-knacks. This is not only a waste of money, it is also questionable from an ecological point of view.

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It sounds paradoxical, but it is actually true: the fewer things you own, the less important the desire to constantly buy and accumulate new things becomes. Anyone who does not believe that should be radically mucked out. And that doesn't mean the half-hearted sorting out that you probably knew before, but mucking out according to a plan.

The author Marie Kondo, who became famous with her clean-up and mucking-out concept "Magic Cleaning" (Magic Cleaning: How correct tidying up changes your life, rororo, approx. 10 euros), explains how you can separate yourself from superfluous things get permanent order in your 4 walls. This not only frees you from emotional baggage, but actually encourages you to use money more sparingly.

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2. How does a budget book help you save?

This method may seem old-fashioned, but it definitely makes sense: keep a household book. Because let's be honest; Can you tell immediately how much your monthly mobile phone bill is or how much the gym membership actually costs you month after month? The fact is, your account is debited from everywhere and you often have no overview of how much that is exactly. Such a household book can be a simple notebook - or a professionally developed book like this one.

Make a note of all your fixed costs, but - and this is even more important - every coffee to go, every online shopping bill and every bread roll bought on the go. At the end of the month you will quickly get a feel for where you could save. By the way, there are also free apps such as "Money Control" or "My Budget Book" for smartphones, with which this can be done very practically.

3. Do investments help with housekeeping?

Never let your bank advisor convince you that investing in stocks and funds will definitely generate more money - first of all, of course, you will decimate your budget with the costs involved. Investment advisors sell investments because they get commissions for them - that is actually quite logical! The belief that the bank should focus on your needs rather than its own when providing advice is simply naive. Consumer advice centers and non-profit online portals such as Finanztip.de. There are free analyzes and advice that is really independent.

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4. How can I save when I travel?

Did the last vacation tear you a huge hole in your budget? If you don't mind trading comfort for adventure, there are a number of ways to see the world on a small budget.

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If you want to see the world, you don't have to pay a fortune for it.

With the hospitality network couchsurfing.com you can get a roof over your head worldwide. It works because more than 14 million people in more than 200,000 locations around the world make their sofa beds available to other travelers - spontaneously and free of charge. Networks that work similarly: hospitalityclub.org, globalfreeloaders.com.

Of course, there are also some bargains on airbnb.de. You haven't visited youth hostels or hostels since your school days? Understandable, but they can't be beat in terms of price. Quality and service are often in no way inferior to expensive hotels or holiday complexes. If you want to save a lot and if snoring people don't bother you, you can book a bed in a dormitory. The advantage of this is that you can exchange ideas with other travelers about sights in the area and make connections. Individual travelers should check out lonelyplanet.com before their vacation. A global hostel overview is available at hostels.com.

5. How do I save in everyday life?

Much of your money goes to eating. That's great as long as you invest in high-quality, fresh and healthy food - and eat it too. Unfortunately, the reality is different: According to a study by the University of Stuttgart, each of us throws away an average of 82 kilograms of food per year. Quite a worrying trend that not only goes for the money, but is also quite objectionable from an environmental point of view.

If a yogurt was only good until the day before yesterday according to the best before date, that does not mean that it is deadly poisonous from now on and has to land in the bin unopened. Why should a number on a lid be more reliable than your own judgment?

This will help you to throw away less food

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According to a study, everyone throws away around 82 kilograms of food every year.

Helpful information on this is provided by the Federal Ministry of Food and Agriculture's homepage zugutfuerdietonne.de. Here it says, for example, about the best before date: "This information is not a throw-away date, but a recommendation by the manufacturer to use up the product within this period. Until then, he guarantees the specific properties of the product such as taste and smell, color, consistency and nutritional value. With expiry the best before date, a food is not automatically bad. "

6. How do I save money when shopping?

Of course, doing without is the best way to manage the house. Unfortunately, buying triggers feelings of happiness in you, because shopping activates the reward system and therefore makes you so susceptible to impulse purchases. A good strategy to resist this: Instead of striking directly, take a picture or note down the good piece and let at least a week go by. Then take another look at it and be completely honest with yourself: Does the item still trigger the same appeal to you as it did a few days ago in the store or have you forgotten it long ago?

7. How do I save money on clothes?

The pink shirt from last summer is somehow not really your style anymore? Before you give the part away or scrap it and buy something new - stop! Have you ever thought about tailoring something new from the good piece? If you are not quite as gifted in this regard, you can of course dye your clothes.

Also useful with regard to your own wardrobe: find your own style! This might sound banal at first, but it is actually quite helpful so that you don't follow every trend and in the end you have mountains of clothes in your closet that neither look particularly good on you, nor are really compatible with the rest of the clothes. The Moin Yamina YouTube channel also provides inspiration on the subject of "the perfect wardrobe".

Another tip: tidying-up expert Marie Kondo recommends throwing all your clothes in one heap and then only keeping the parts that you actually like, that you feel absolutely comfortable in, that fit well and that simply make you happy. Bet the sorted mountain of clothes will shock you? The shame of having only worn a number of items once or twice (maybe even never) is guaranteed to slow you down on your next shopping trip.

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8. Should I put money aside too?

Of course, that should be the ultimate goal of saving. So set a fixed amount that you really want to deposit into a savings or overnight deposit account every month - and that really has to be the top priority. It is best to pay the amount into a separate account immediately at the beginning of the month. This is strategically smarter than just putting aside the amount that is left over at the end of the month. The following savings rule is important. Not: Income minus expenses = savings amount. But: income minus savings amount = expenses.

9. How do swapping, sharing or selling used items help the balance sheet?

Sure, you know eBay classifieds, and many have already sold their clothes via clothing circles. There are now a whole range of other ways in which you can turn used things into cash. Below are 3 ingenious apps for second-hand lovers:

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Swap or buy used items works great online.

Shpock ("SHop in your POCKet") is a flea market app similar to eBay classifieds. From vintage bicycles to fashion treasures, tablets and cell phones that are no longer used to unusual second-hand furniture.

momox is a pretty ingenious way to get rid of used books, CDs, DVDs, or PC games. The easiest way to do this is to download the free app and use your smartphone to scan the barcode number or ISBN of the item on the back. You will immediately see how much you get for the respective article. Then print out the delivery note, put all the items in a package and send them free of charge. A little later, the money lands in your account.

Behind Swapper hides an online exchange for used items in Tinder style. Here people swap instead of sell. The app works with an algorithm that links suitable swap partners, who can then happily swap clothes, vehicles, tools or whatever. That saves money and connects people in a pretty ingenious way.

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Saving rocks. Those who track down hidden costs and cleverly implement appropriate tips will see positive results immediately. That motivates and actually makes you more satisfied in the long run than constantly shopping and being broke.

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