By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Youth Village KenyaYouth Village KenyaYouth Village Kenya
  • Home
  • Education
  • Employment
  • Entertainment
    • Celebrity News
    • Celebrity Interviews
    • Sports
    • Fashion
    • Politics
    • Tech
  • Opportunities
  • Health
  • Contact Us
Search
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: 10 Tips To Control Your Expenses And Generate More Savings
Share
Sign In
Notification Show More
Font ResizerAa
Youth Village KenyaYouth Village Kenya
Font ResizerAa
Search
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Youth Village Kenya > Blog > Business > 10 Tips To Control Your Expenses And Generate More Savings
Business

10 Tips To Control Your Expenses And Generate More Savings

Editor
Last updated: 2018/09/12 at 8:43 PM
Editor
Share
3 Min Read
SHARE

Many people do not have healthy finances, because they are always worried, because they do not know how to manage their money and believe that it is impossible to save because they have many expenses.

Contents
1.Take advantage of the competitionUse a listMinimize your transportation costsDo not get carried away by advertisingTake advantage of the discountsSchedule the extra money you receiveConstant maintenanceKeep a low level of debtLook for the best discounts

Therefore, learning to spend less and save more will definitely improve your financial life.

Below, 9 tips so you can achieve economic freedom.

1.Take advantage of the competition

Knowing and comparing the different prices that they offer you in the products and services that you want, will make you make better decisions.

  1. Use a list

The mentality of saving is not limited to the things you want, is to reduce impulse purchases.

  1. Minimize your transportation costs

Take out accounts and look for the best option to mobilize in the city.

Try to put your business meetings in places near your work or on your way home, so you avoid spending too much on mobilizing.

  1. Do not get carried away by advertising

The objective of brands is to buy constantly, that means spending more money. Therefore, always try to compare quality and price, and take into account your true tastes when making purchases.

  1. Take advantage of the discounts

If you subscribe to newspapers or magazines take advantage of the discounts offered, buy seasonal foods, make the most of the promotions. It’s a smart way to get what you want at a better price.

  1. Schedule the extra money you receive

Always check your budget and increase your percentage of savings, you will see how that will increase your financial goals.

  1. Constant maintenance

Having your belongings well cared for will save you more expenses in the future. In this way, try to make the pertinent revisions to your car, house and check your health. These small expenses will help you save in the future.

  1. Keep a low level of debt

Paying for borrowed money is the most expensive thing to do. Therefore, always try to get the best interest rate and borrow as little as you can.

  1. Look for the best discounts

Buying the latest models or collections is irresistible, but very expensive. You must buy clothes and accessories out of season or when they are in promotions, so you will save and spend less.

 

You Might Also Like

Build a Powerful Online Presence with Paid Article Placement in Kenya

Corporate Governance Scores Drop Among Kenyan Companies, Says CMA 2023/2024 Report

Botswana Businesses Relaunches as the Premier Resource for Entrepreneurs and Business Leaders

10 Things You Should Know About Tom Gitogo

10 Things You Should Know About Peter Ndegwa

TAGGED: Business, Finance, savings, TIPS

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
[mc4wp_form]
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Editor September 12, 2018 September 13, 2018
Share This Article
Facebook Twitter Copy Link Print
Share
Previous Article New KFC Kenya Outlet Looking For New Workers
Next Article 6 Shocking Mistakes Uhuru’s Aide-de-Camp Commited In Public
- Advertisement -

Latest News

Showmax Set to Debut New Reality Show Featuring Famous Kenyan Mothers
Entertainment May 9, 2025
Raila Odinga Reveals Slain MP Ong’ondo Were Confided in Him About Being Followed Before His Murder
News May 9, 2025
Former First Lady Margaret Kenyatta Steals the Show at County First Ladies’ Leadership Showcase
Life Style May 9, 2025
Burundian Socialite Dabijou Vows to Have Jamal Rohosafi’s Baby Amid Criticism from Kenyans
Life Style May 9, 2025
Grace Ramtu Flies Kenya’s Flag High at Miss World Festival While Championing a Cause Close to Her Heart
Life Style May 9, 2025
Michael Njenga Shares Emotional Journey of Recovery After US Hospitalisation
Breaking News May 8, 2025
Pritty Vishy Flaunts Impressive Weight Loss After Ozempic and Gym Commitment
Entertainment May 8, 2025
Bahati Shaves Off 10-Year-Long Dreads After Arsenal’s Defeat to PSG in the Champions League
Entertainment May 8, 2025
- Advertisement -
Follow US
© 2023 Youth Village Kenya By Nine80 Digital Media
Welcome Back!

Sign in to your account

Lost your password?