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Money Saving Tips for the Self Employed

*Collaborative post.

 

Working for your self can be very tricky. One month can be very busy with you making more money than you know what to do with it. Another month can have you literally surviving with the coins in your wallet. Which is why you have to be savvy with your money to survive as a self-employed person. You can not afford to spend every penny you make because you never know how busy or not busy the next month would be.  This is the reason why many people cannot afford to work for themselves.

When there is no steady pay check, many people will struggle to manage their money. They may easily find themselves struggling to pay their monthly bills, when work is quiet. Which is why I am grateful there are credit facilities like CashLady and Credit Cards to use on essentials when money is tight. You never know when you will need services like them, so it is good to know they are available.

 

Should You Take A Pay Cut To Advance Your Career image

 

Here are some money saving tips for the self employed –

 

Buy everything you need online

This may not sound like a money-saving tip but trust me it is. I do 99% of my shopping online. The 1% is when I am out and about and need to grab something. Or the odd time we run out of groceries, and I need to head out to our local supermarket to grab some essentials. I do all my shopping online because he saves me money. Shopping in the stores is way too expensive for me. Apart from the fact that I have to get to the shops physically, which costs money obviously, I am usually tempted to buy more than I planned to buy. Shopping online keeps me focused. I buy exactly what I need without wasting money on what the shops want me to “need”.

 

Do it yourself

I try to do all I can myself. So childcare, cleaning, cooking and everything in between, I do myself. Managing my time and working from home helps me sort out my chores and daily activities. That way I save my money. Outsourcing jobs like these means you spend more money. So doing it myself helps my money go for longer. It also allows me spend more time with my growing kids. I am proud to say I have never paid for childcare, thanks to me being able to work from home.

 

Meal Plan

To avoid wasting food and eating out way more than you can afford to, you need to have a weekly meal plan. My health  and wallet has changed for the better since I started planning meals in advance. Meal planning gives me the opportunity to include all I need in the weekly online shop. It also allows me cook from scratch because I know what needs to be done and I plan my days towards getting them done. If you don’t meal plan, I suggest you try doing this now and see how much money you save. Also, food wastage would be a thing of the past as you would only buy want you need for your meals.

 

What do you think fo these money-saving tips?

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Christmas Money Saving Fashion Tips

This festive season is all about spending, which leaves most of us very broke in January. With the Christmas parties and celebrations going on, we all tend to spend a little bit extra buying sparkly outfits and accessories for the many occasions we have lined up. I keep getting invites to events all over the country, so I can imagine many fashion bloggers are receiving many event invites as well.

It is very easy to get carried away with the party season and drain the bank account in the pursuit of looking stylish. The good news is you don’t have to. You can look stylish and not spend all the money you have.

 

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Here are some money-saving fashion tips you may find useful –

 

Will it be worn

Research has shown, we only wear 10% of our entire wardrobe. Is that true at your end? I won’t say it is true at mine but I do have my favourite pieces I wear regularly. So before I buy anything new, I ask myself if it would be worn and how often it would be worn. My answer determines if I buy it or not.

 

Have a budget

Having a clear figure of what I am prepared to spend on a shopping spree leaves no room for over spending. I always have a budget in my head, and I write it down if I have to. That way I can shop smartly and happily, knowing when to stop. Withdrawing the exact amount of money needed also works, leaving no room for me to go over my set budget.

 

Worth per wear

When it comes to buying high-end, I like to go high-end (or as high as my bank balance allows me) on footwear, bags, jackets and jewellery. And get reasonably priced pieces for the rest of my wardrobe because I look at worth per wear when deciding on how much to spend on an item.

 

All Black OOTD

 

 

Sell

I sell many of my pricey preloved items on eBay and I make a small fortune on them. If you look around your wardrobe, I am sure you will find something worth listing, so have a dig around.

 

Look out for the sales

I am always on the lookout for bargains, so I do most of my shopping in the sales. I hardly buy anything full price these days.

 

I hope you find these Christmas money-saving fashion tips useful. Feel free to drop a tip or 2 in the comments section below.

Thanks for reading.

 

 

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