Since I relocated to US and got married, I’m more focused on controlling my expenses and saving money, so I’m sharing with you some hacks I do (with numbers) to save more money everyday:
1. Do it yourself
The idea is to replace services you are getting consistently by doing it on your own, for example: -Ladies, bear with me here but you will get the idea :)- I noticed that I’m going to the barber every month to get my hair cut and buying beard razors to shave constantly, so, I replaced this with buying:
- Hair trimming tool: to do it on my own at home. This saved me $400+ per year.
- Beard trimming tool: to replace all the razors. This saved me $150+ per year.
2. Shop from Costco monthly
As for groceries (and all other things), I compared between Costco prices and other supermarkets, the savings are always consistent, 50% lower prices in Costco for a $120 annual subscription with up to 4% cashback.
I advise to go to Costco monthly instead of weekly to save time & gas. Also by visiting monthly, you are decreasing the exposure to shopping which tends to lower your purchases.
Shopping from Costco saved me around $3,500+ last year.
3. Get cashback on your credit cards transactions
For credit cards benefits, I’m a fan of cashback, it’s straight forward & flexible. I compared between all credit cards that got my attention as below:
In my opinion, the best 2 credit cards are “Costco Citi Bank Visa® Card” and “PayPal Cashback MasterCard®”, both covers wide selection of cashback venues that complements each other with highest gains.
Note: this generally depends on where you spend most of your money, for example: “Amazon Visa Card” might be perfect for you if you are shopping from Amazon a lot.
