10 Smart Money Saving Tips


7. Save Electricity

Save electricity and cut down your electric bill by more than 30 to 40 percent. You can always use the day light during the morning and afternoon hours as the sun always shines bright in India. During evening don’t sit in dark room for reducing energy consumption, instead use the power saving lamps and tube lights. If you use computers, then set the monitor and hard drive into sleep mode so that it dims after 10 minutes of nonuse. This will cut down your electric bill in half and is also good for your computer's well-being.

More: 8 Websites for Hassle-Free Insurance

8. Reduce Travelling Expenses

Does your company pays you travel allowance or has arranged some cab facility? If your answer is no, then don’t let your basic salary go waste in funding your workday travelling cost. If you travel to work place by your own car, leave your car at home at least a few days a week, this will bring down the petrol cost. If it’s feasible where you live, try commuting to office by bus or by other forms of public transportation. This will give you added reading and relaxation time. There are other options too like carpooling with your office buddies, riding your bike or walking.

Also Read: Use a Credit Card to Improve Your Credit Score