💰 Ideas to Save Money
Here is a complete and explained list of other everyday aspects where you can save significantly, divided by areas of life 👇
🏠 1. In the home: the epicenter of savings
🔹 a) Electricity
- Turn off "stand-by" appliances (TVs, routers, consoles). They can account for up to 10% of total consumption.
- Use LED bulbs: they last longer and consume up to 80% less than traditional ones.
- Unplug chargers when not in use.
- Take advantage of natural light and avoid turning on unnecessary lights.
💰 Estimated savings: €150–300 per year.
🔹 b) Water
- Install low-flow faucets and showerheads.
- Take shorter showers: going from 10 to 5 minutes can reduce consumption by half.
- Reuse water (for example, from washing fruit to water plants).
💰 Estimated savings: €100–200 per year, besides helping the environment.
🔹 c) Heating and air conditioning
- Keep the thermostat at 20–21 °C in winter and 25–26 °C in summer.
- Insulate windows and doors to prevent temperature leaks.
- Use fans instead of air conditioning when possible.
💰 Estimated savings: €200–500 per year in energy.
🔹 d) Subscriptions and services
Review all your subscriptions:- Streaming platforms (Netflix, Spotify, etc.)
- Gyms or apps you don't use
- Magazines, software, or cloud storage
💰 Estimated savings: €200–600 per year easily.
🍽️ 2. Food and supermarket
🔹 a) Avoid home delivery and “takeaway” coffees
Eating out or ordering in several times a week can double your monthly food expenditure.
Cooking at home can save you up to €2,000 per year.
🔹 b) Plan your shopping
- Make a list before going to the supermarket.
- Don't shop while hungry.
- Take advantage of deals on non-perishable products (rice, pasta, legumes).
💰 Estimated savings: €500–1,000 per year.
🔹 c) Reduce food waste
Freeze leftovers, properly use foods close to their expiration date, and plan recipes.
💰 Estimated savings: €250–400 per year.
🚗 3. Transportation and mobility
🔹 a) Use public transport or carpool
If you use a car daily, the costs of fuel, maintenance, and insurance are high.
Sharing rides or using public transport can reduce that expense by up to 60%.
🔹 b) Keep your vehicle in good condition
Timely servicing avoids expensive breakdowns and improves fuel consumption.
🔹 c) Consider sustainable alternatives
Walking or cycling not only saves money, but improves your health.
💰 Estimated savings: €800–2,000 per year depending on car usage.
👕 4. Clothing and personal consumption
🔹 a) Shop consciously
You don't need new clothes every season. Opt for quality garments that last.
Practice minimalism or a capsule wardrobe: fewer pieces, more combinations.
🔹 b) Avoid impulse purchases
Give yourself 24 hours before buying something non-essential.
70% of impulse purchases are forgotten the next day.
💰 Estimated savings: €300–600 per year.
📱 5. Technology and telephony
🔹 a) Review your mobile or internet plan
Often we pay for data or speed that we don't use.
Negotiate with your provider or switch to a more tailored plan.
🔹 b) Take care of your devices
Keeping your mobile or laptop in good condition saves you unnecessary replacement costs.
💰 Estimated savings: €150–400 per year.
🎉 6. Leisure and entertainment
🔹 a) Look for free or low-cost alternatives
- Museums, parks, nature trails, community activities.
- Use libraries or digital platforms for books and movies.
🔹 b) Organize plans at home
Inviting friends to dinner at home costs half as much as going out to a restaurant.
💰 Estimated savings: €500–1,000 per year.
💳 7. Personal finances and mindset
🔹 a) Create a monthly budget
Track income and expenses. Knowing exactly where your money goes is the first step to controlling it.
🔹 b) Automate your savings
Set up an automatic monthly transfer to a savings or investment account.
Money you don't see is money you don't spend.
🔹 c) Adopt a value mindset, not a price mindset
Sometimes cheap turns out to be expensive. Learn to invest in quality where it matters (health, education, rest) and save on the superfluous.
🧭 8. Global example of potential annual savings
| Area | Estimated annual savings |
|---|---|
| Energy and water | €300–700 |
| Food | €800–2,000 |
| Transportation | €800–2,000 |
| Subscriptions | €200–600 |
| Personal shopping | €400–800 |
| Leisure and entertainment | €500–1,000 |
| Approximate Total | €3,000–7,000 per year |
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