Saving money is difficult for most people. Some don’t earn enough to put anything on the side. Others don’t know how to handle money, so they spend it quickly. But there is a way to save a significant amount of money – start saving as a couple. Use these tips by experts of this site to save your couple’s budget. You can find more tips for the rest of the article. You’ll feel richer just because you read it.
Combine Your Financial Capabilities
On your own, you can’t save a lot. Together with your partner, you have much better chances. Don’t be too relaxed and think that you’ll save money 100% just because you moved in together or pay for everything 50-50. That’s a trap. A lot of couples fall for it and never manage to save any money. Combining your finances is one of the best things you can do, but do it wisely.
First of all, if your relationship is ready for it, start living together. That will save both of you half the rent, bills, and food. If you’re not ready to share your home with your partner, consider splitting every bill equally. That will give both of you a chance to put some money on the site at the end of a month.
Use Second-Hand Things
“New is always better” is a famous quote by Barney Stinson in How I Met Your Mother, but it’s far away from the truth. Yes, new is always better if we’re talking about toothbrushes, underwear, or diapers. That doesn’t mean everything you buy has to be brand new. We live in capitalism, that’s why everybody is buying new things. Our brains are washed. Until we break free from it, we can never save money. The same goes for you, doesn’t it?
There is no shame in wearing second-hand clothes. Nobody will mock you if you buy a used car or a gadget. All those things are expensive so cutting your expenses there can save you a lot of money especially if you’re doing it as a couple.
Stop Using Credit Funds
You should learn about saving money because don’t waste money you don’t have.
Yes, it feels great to treat yourself to something you can’t afford, but your credit card can. But where will that lead you? To bankruptcy. If you keep spending money before you earn it, you’ll never have anything on the side. Not only that, if anything happens, you won’t have any money to take you out of that situation.
Arrange a Date that Doesn’t Cost Much
Girls love to feel like princesses, and men love to make them feel that way. That’s normal, but in a situation where you’re trying to save money as a couple, that’s a stupid thing to do. How do you expect to save any money if your average date costs more than you earn in a week?
You can have amazing dates without spending a fortune.
- make a romantic dinner at home
- go for a walk in a park, bring a blanket and sandwiches, and you can have a picnic
- make a movies night at home (monthly fee for Netflix and similar sites will cost you less than 2 movie tickets with drinks and snacks)
Save Energy and Water
Paying attention to water and energy won’t just make you a hero because you’ll help save the planet. It will make you a hero because you’ll save a lot of money by doing that. Some simple tricks to save on water and energy:
- Don’t leave the light on when you leave the room.
- Don’t leave a TV or a PC running all day.
- Avoid baths, take showers and use the same towel twice
- If your relationship is strong enough – don’t flush after peeing if your partner is going to pee very soon
Discuss Your Goals and Plan Ahead Budget
Saving money without knowing why you are saving it won’t work. The first time you see anything you’d love to have, you’ll grab from savings and buy it. But if you set your goals and plan your expenses, you’ll have something to aim at. That will keep you motivated and sharp.
When you have somebody by your side, everything is easier—even saving money. Follow the tips we mentioned and start saving money as a couple.