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Great money saving tips

Jun 11, 2008
Filipinos from all walks of life has certainly been affected by the ongoing food and oil crises. I consider writing an article on money saving tips as my own little way of helping ease the burden of my countrymen. Besides one of the main theme of my blog is money saving tips.

I have personally experienced these money saving tips and I would like to share them with you.

1.) Go for bulk - Compare prices between small items and big items in your local grocery store and you will know what I mean. To cite an example, a 50 gram sachet of detergent powder appears to be more expensive per gram than 250 of grams detergent. What you can learn here is that the bigger the size, the cheaper it will get. This tells you that you will get more savings if you you buy in bulk. Remember never to buy small item repacks. If you can, buy in bigger quantities. This one one of the most important tips among all the money saving tips that you should bear in mind.

2.) Buy from industrial suppliers - Companies get cheaper supplies because they buy in bulk or they manufacture their own. I got this idea when I first implemented the "buy in bulk" principle. I was thinking of buying a sack of detergent but I couldn't find it in the grocery stores. I did some reasearch and found out that you can get cheap detergent from laundry shops. The price of detergent is very cheap for them since they make their own soap. The quality of the soap that they make is more or less the same with commercial soap.

3.) Where you buy from matters - Previously, I discussed little bit about some money saving tips in my other articles. But that deals with not buying in a convenience store. In this series of money saving tips, the third tip I am giving is that you should be wise in choosing where you buy certain items.

As an illustration, you will notice that vegetables and meat products are much more cheaper in the wet market than in grocery storess. The reason for such is because the wet markets buy directly from the farmers and the fishermen. That is why you should buy these type of products from the wet markets. Since dry goods, canned foods and other items are cheaper in the grocery stores you should buy them there. Grocery stores certainly offers much more lower prices for these items since they buy directly from the manufacturers in wholesale.
About the Author
Interested to know more money saving tips ? Visit the blog of Zigfred Diaz where he has some out of the box ideas on the subject including some interesting ideas on money management, investments and more money saving tips .
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