Great Money Saving Tips

By Zigfred Diaz

The Rice crises and rising oil prices has certainly affected all Filipinos regardless what bracket of society they come from. To help ease the burden of my fellow countrymen, I am coming up with some money saving tips, besides money saving tips is one of topics of my blog.

These are some money saving tips that I have experienced. I would like to share these to 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.) Resort to industrial suppliers - Industries get cheaper supplies because they buy in bulk or they manufacture their own. What got me into this was the "buy in bulk" principle. I wanted to buy a sack of detergent, so I asked around because the groceries did not sell per sack. I found out that you can get cheap detergent from laundry shops. The price is relatively low since they are the ones that manufacture their own soap. The quality of the soap is more or less the same with that of 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.

To cite several examples, you can notice that vegetables and meat products are definitely cheaper in the wet market than in grocery stores. Hence, I advice that you do your shopping there for such items. The wet market is definitely cheaper because they buy the products directly from the farmers and fishermen. In contrast, dry goods, canned foods and other items are much cheaper in the grocery stores because they buy in wholesale straight from the manufacturers.

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