Family Life Knows Everything.

Chapter 245 Spend the least money and do the most things

Chapter 245 Spend the least money and do the most things

Chapter 18 Save Everywhere, Live Budgeting
In the United States, the most developed country in the world, frugality is also a highly respected virtue.The Economides family has been sought after by major media in the United States because they are good at frugality and financial management, and they call it the "most frugal family" in the United States.This mediocre family of 7 has a set of "money-saving strategies" with excellent results, and firmly believes that "what you save is what you earn."Here are the secrets they impart:

1. Shopping must be planned: They think that shopping without a plan is tantamount to a death sentence for deposits.

2. Budget ahead of time without building a wall: "If you don't budget ahead, you can go from one fiscal crisis to another," Mr Economides said.

3. Pursue bargains: Every time you go shopping in the supermarket, you have to walk back and forth in front of the shopping shelves, looking for the cheapest price of the item you want to buy, and don't buy until you find the lowest price.

4. Never spend more than 80% of the total amount in the envelope: that is, put the money in the family into envelopes each month, and use them for food, clothes, gasoline, rent, etc., and never spend more than 80% of the total amount in the envelope. Money for [-]% of the total amount in the envelope.

5. Only shop once a month: It is best to shop only once a month.Because the more you shop, the more you buy, and the more you buy, the more you spend.

6. Make good use of shopping discounts: Many shopping malls and supermarkets will launch shopping promotions such as buy two get one free, low-price promotions, etc. These products must be compared repeatedly to buy the desired items at the most favorable price.

7. Buy holiday items in advance: Buy some items needed for the festival in advance and reserve them in case the prices increase during the festival.

8. Save money and earn money: seize the opportunity and find ways to make more money!
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Keep the receipt for each purchase, which has two advantages:

First, you can review and check in time to see if the merchant has charged more; second, you can compare the same goods to see which one is the cheapest.

(End of this chapter)

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