What do you do to save money?
SEE ALSO :Your money can earn an income too@CollinsBriche I carry maize and millet from home – I don’t buy supermarket unga. I also carry like 10 litres of milk whenever I go home, which lasts for a week. Vegetables, too, come from home in bulk. For other stuff like rice, I shop wholesale. I boil stuff like beans, greengrams, etc in ‘bulk’ and deep freeze. @Jakiechirchir Wholesale shopping at Tucha Wholesalers in Nairobi West near the McFrys lasts us six to seven months. We eat out rarely to never. What are concerts? We stopped going. @Mkenya_Halisi
SEE ALSO :4 things keeping you from making moneyAlso to add an item which no one has mentioned, gas with the heavy metal mtungi is Sh2,200 (for 13 kilos) at most petrol stations. I switched to Safe Gas, which costs me Sh1,600, and I have two (one is a back up). Also, my dream this year is to own an electric vehicle. @GathoniKimaru I always check out discount codes. Twice I’ve used the myDawa app one for an emollient for baby and paid half it’s original price/cost at pharmacies. Those products can drain your pockets. They’ve had promotions in March and April, so I’m here waiting for the May offer. @I_Gathu For naturalists, I buy my natural products in bulk from an online store (they also have a physical shop) called Sabihah Oils (I buy when they have 50 per cent-off sales). Other products like conditioners and gels, I buy in huge tubs from downtown Nairobi and they last a year. @Gmwaz I sold my 2,000cc vehicle and got a 1,500cc one instead; I’m saving 50 per cent on fuel costs per month. @Owuorson Pre-pay regular bills like Internet, airtime and Netflix for as long as possible. Negotiate payment plans for any significant payouts, like rent and loans. Define luxuries and necessities, and then cut out the luxuries or reduce them to a minimum. @Jackiesherrie I’ve minimised mobile money payments and mobile banking. I just set aside one day a month as an errand day, and do what needs to get done. ATM deposits are free. @rex_maina I bought a juicer-extractor so I can make breakfast and lunch smoothies or juices at home. I also schedule all my meetings for one day and one location, which allows me to cut down on transport and food costs. So, for instance, I’ll have three meetings, 45 minutes each, from 8am to 11am. This way I’ll just spend money on breakfast for myself and my clients, and save on the costs of meeting them in different places and having to order something new each time. @ManuuNgesh The most recent one is saving the better portion of my disposable income in a Sacco and ensuring that whatever remains only caters for the basics. This way, I have to be disciplined with the little I remain with for the whole month. @CiGakio Avoid carrying around cash, debit and credit cards. Have with you only what you need for your daily expenses. There’s a great temptation to spend when money is within easy reach. Also, when you see a ‘want’, give yourself a few days to really think through it and then see how you feel about it later. *Lightly edited for style
We are undertaking a survey to help us improve our content for you. This will only take 1 minute of your time, please give us your feedback by clicking HERE. All responses will be confidential.