5 Fun Ways To Save Money

There are several simple ways to reduce spending and rack up more cash. Sukanta Kundu lists some interesting ones.

- Sukanta Kundu

It is always a good thing to find ways to save your hard-earned money, isn’t it? Sometimes, we miss a few simple ways of making ‘small savings’ that accumulate into ‘fat savings’ by the time the earth completes its revolution around the sun!

If you told somebody that you do not watch television to save money, the person would think there is something wrong with you. The same would happen if you told your friends that you had decided to quit your bad habits (smoking, excessive drinking, etc.) to save money. They would laugh at you. But don’t think about what other people say – after all, they are not you. Once you decide to save money, all you need is a little courage and patience, and you are on your way! Here are some handy ploys to save your hard-earned cash:

Stop watching TV

You might think this is a bad idea, as not watching TV would cut you off from the happenings in the world. But watching television can cost you, either directly or indirectly. Firstly, by not watching TV, you save on your electricity bill; secondly, not seeing advertisements prevents you from impulse purchases; thirdly, you can save on your cable bills; fourthly, you will get spare time to undertake creative or knowledge-gaining activities, and improve your earnings.

If you are not able to stop watching the ‘idiot box,’ at least minimise the time you spend in front of it. One more thing, watching TV for longer time periods affects the health, making you a ‘couch potato’. You then have to spend money on gymnasium memberships or medical bills.