• Skip to main content
  • Skip to primary sidebar

NeededInTheHome

Homemade, Home Interiors, Home Life.

  • About
  • Homemade
    • Crafts
    • Food
    • Recipes
    • Sewing
  • Home Interiors
    • Home Decor
    • Home Repair
    • Home Spaces
      • Backyard
      • Basement
      • Bathroom
      • Bedroom
      • Dining Room
      • Front Exterior
      • Interior
      • Kitchen
      • Laundry Room
      • Living Room
    • Remodeling
  • Home Life
    • Finances
    • Gifts
    • Holidays
    • Home Business
      • Start an Etsy Shop
      • Storage Auction Resale Business
    • Moving
    • Parenting
    • Product Reviews
    • Vacation
  • Homeschool
    • Homeschool Reviews
  • Shop
You are here: Home / Finances / 4 Risks To Avoid When You Plan Your Saving Strategy

Finances

4 Risks To Avoid When You Plan Your Saving Strategy

Please Share:
30   

up close photo of people on bikes 4 risks to avoid when you plan your saving strategy

 

Note: Some links in this post are affiliate links, which means I receive a commission if you make a purchase. Affiliate relationships include, but are not limited to Amazon Associates, Walmart.com, and Etsy.

In those times where everything seems to get more expensive, and it can be difficult to make ends meet at the end of the month, it’s normal to want to stretch every dollar and save money to a maximum using a helpful strategy. Fortunately, there are many areas where you can save if you know where to look and how to be content with what you have, from storing old clothes to re-use them as your children grow to keeping a tight grocery list. In fact, planning is extremely useful if you want to keep your budget under control. However, there are areas where you need to be aware of how to avoid the potential risks in your saving strategy.

 

#1. Cycling or walking to work

If you don’t live too far from your workplace, you can choose to walk or cycle every day to work to save a significant amount on fuel and other vehicle maintenance costs. And that goes without mentioning the costs of parking, as well as the impact on the quality of air. However, the main issue with avoiding the car to get to work is that not every commuter will follow your example. When most employees choose to drive to work, you need to pay attention to the behavior of vehicles that can cause your harm. 

man riding his bike to work with helmet risks to avoid when you plan your saving strategy

Cycle to work

#2. Buying second-hand

If you choose to buy second-hand items to save money, you need to be extremely attentive to the quality of the item you purchase. Some sellers will beable to put anything on the market, even if it is too damaged to be used. Additionally, it’s helpful to keep a list of which items are best to avoid when buying second-hand. For instance, car, vacuum cleaner, kitchen appliances, furniture, clothes and books can still be purchased used. However, avoid baby products and hygiene items!

#3. Saving on grocery shopping

Saving on your food shopping can be tricky, especially if you’re trying to maintain a healthy diet. There’s no denying it: Junk food is cheaper than healthy food. However, if you think of long-term savings, avoiding the cheap junk food means that you avoid unhealthy addictions and consequently unnecessary costs. In the meantime, you need to focus your attention on cooking more vegetables and eating more fresh fruits, which are not expensive when bought in season.

 

#4. Can you save on energy consumption?

Finally, your energy bills are probably going through the roof during the cold months of the year. That’s why it’s important to consider a smarter approach to keeping your home cozy without breaking the bank. Start by reducing your heating costs  by replacing your air filters and using appropriately set thermostats in each room – a programmable thermostat can save you up to $150 a year for instance.

 

This is a contributed post.

 

Join the newsletter

Subscribe to receive our latest articles and promotional content by email from NeededInTheHome

Your request has been received and information has been sent to you. Please check your email! IMPORTANT! To make sure that our mail reaches your inbox correctly and is not blocked by mistake, please add our email address to your whitelist - amy@neededinthehome.com to your email address book and/or to "whitelist" (trusted senders).

There was an error submitting your subscription. Please try again.

We won't send you spam. Unsubscribe at any time. Powered by ConvertKit

Please Share:
30   

December 13, 2017 by admin Leave a Comment

Support My Work

Reader Interactions

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Primary Sidebar

Join over 7,000 monthly readers!

  • pinterest
  • twitter
  • instagram
  • facebook
  • mewe
  • subscribe

Hi! I’m Amy!

Featured Article:

Join the newsletter

Subscribe to receive our latest articles and promotional content by email from NeededInTheHome

Your request has been received and information has been sent to you. Please check your email! IMPORTANT! To make sure that our mail reaches your inbox correctly and is not blocked by mistake, please add our email address to your whitelist - amy@neededinthehome.com to your email address book and/or to "whitelist" (trusted senders).

There was an error submitting your subscription. Please try again.

We won't send you spam. Unsubscribe at any time. Powered by ConvertKit
Note: Some links in this post are affiliate links, which means I receive a small commission if you make a purchase. Affiliate relationships include, but are not limited to: Sams Club, Walmart.com, and Etsy. As an Amazon Associate I earn from qualifying purchases. I am a rep for Magnetude Jewelry, PaperPie and Young Living Essential Oils. Thank you for supporting this website and my large family of ten.

Donations link: Your support helps bring useful tips that are needed in the home.

Categories

Before Footer

NeededInTheHome - Homemade. Home Interiors. Home Life. We give advice on all things "home." NeededInTheHome is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites. As an Amazon Associate I earn from qualifying purchases. WALMART.COM SM is a service mark of Wal-Mart.com USA, LLC and Wal-Mart Stores, Inc.

Privacy Policy, Disclosure, Accessibilty, Terms of Use, Copyright

Disclaimer, Do not sell my personal information.

©2017-2023, NeededInTheHome.com. All rights reserved. No content on this site may be reused in any fashion without written permission. By using this site, you are agreeing to the site’s terms of use.

  • Home
  • About
  • Contact
  • Start A Blog
  • Start An Etsy Shop
  • Moving
  • Buying Abandoned Storage Units
  • Resources
  • Amazon Influencer Page
  • Our eBay Store
  • Our Etsy Shop
  • Magnetude Jewelry Link
  • paperpie Books Link
  • Young Living Oils Link
  • Shop

Copyright © 2023 · Interior Pro on Genesis Framework · WordPress · Log in