Menu
Home
Advertise
Forums
Search forums
What's new
Unread posts
New articles
New article comments
Latest activity
Earn Money
Money apps
Passive Income
Paid Survey
Forex
Stock
Real estate
Paid to write
Social Media Earning
Review Website/Apps
Crytocurrency
Bitcoin (BTC)
Ethereum (ETH)
Crypto Exchange
Mining
Crypto Faucet / Airdrops
Binance
Business
Business strategy
Funding a business
Marketing
Digital Marketing
Social media marketing
Email marketing
Brand management
Personal Finance
Money Saving
Retirement
Personal loan
Savings for Students
Debt help
Tax relief
Insurance
Car Insurance
Life Insurance
Liability Insurance
Home Insurance
Health Insurance
Disability Insurance
FAQ
Log in
Register
What's new
Search
Search
Search titles only
By:
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Money Making Forums
Personal Finance Forums
Money Saving
How to save money on a low income
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
[QUOTE="Mika, post: 243079, member: 29399"] If you are on low income, it will be very difficult to save money. The only way to save money when your income is low is by cutting your expenses hugely. You will have to cut all expenses that are useless (something that you can live without having), for instance, you will have to cut expenses on junk foods, movies, cable TV, subscription fees, sodas, etc. Food is the number one expense, therefore, you will have to spend only on necessary food items, for example, you can stop drinking tea and coffee, and only buy foods that you need to survive. You can also start eating home-cooked foods instead of buying ready-to-eat foods, or dining in a restaurant. You also need to understand how recycling and upcycling can help you save money. For example, if your 5 year old T-shirt is still not torn, you can continue to wear it and avoid buying a new t-shirt. You can use a similar strategy for other clothing items. You will also have to look for cheaper alternatives for food. If animal-based protein is expensive, you can switch to plant-based protein. Instead of salmon, you can buy soybeans. Buying locals can also save you money. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Money Making Forums
Personal Finance Forums
Money Saving
How to save money on a low income
Top