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3 Money Hacks to Push Your Savings One Notch High

We all comprehend the significance of saving money, and how, in bad times, this saved money proves to be our biggest asset. Most of us also know the golden rules of saving like keeping aside a certain amount of money as soon as the salary gets credited, planning the purchases and sticking to a budget.

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Updated:June 23, 2017, 6:10 PM IST
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3 Money Hacks to Push Your Savings One Notch High
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We all comprehend the significance of saving money, and how, in bad times, this saved money proves to be our biggest asset. Most of us also know the golden rules of saving like keeping aside a certain amount of money as soon as the salary gets credited, planning the purchases and sticking to a budget.

Still, we aren’t able to save as much as we should. So, where’s the problem?

It is in the strategies that we use to save money. Here are 3 uncomplicated yet very effective money saving hacks which will enable you to push up your savings one notch high:

Check The Best Price Before Shopping

Different online shopping sites offer different prices for the same products. So, you can use the online price comparison tools to find out that which online store is offering the lowest price for the product that you want to buy, hotel you want to book, insurance you wish to purchase and then, you can place your order where you get the best price and save money.

Use Online Discount Coupons

Not many people are aware of the fact that some online coupon sites exist which offer free coupons to claim discounts on famous e-commerce portals. So, next time you browse an online store, check out if its coupons are available online before you pay for the items you want to purchase. Some additional savings, guaranteed!

Be Consistent in Savings

Instead of saving a particular amount right at the beginning of the month, try saving a little amount everyday. Since, you have to save daily, you will try to spend less and be mindful of your purchases. Just before you are about to splurge, ask if you really need this item, if you already have it, if it will just bite dust at home. This would, consistently, make you think before shelling money and help you overcome your spendthrift nature
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