In our previous article, we’ve talked about What course to follow from today’s condition in cryptocurrency. Certainly, you might be interested in an internet business you can start today or generate passive income by writing a book. In addition, We’ve been writing about Cryptocurrency(Future of Money?) There are lots of cryptocurrencies that can be found, see the top ten cryptocurrencies by market capitalisation. In this article, we will give you some tips and tricks that will help you save money. We’ve been urging our readers and viewer, it’s not easy to make money, on another hand it’s very easy to lose money. Thus, We have to be very careful either in the investment field or the business field. Our one best recommendation for investors is to understand investment versus speculation (Why are most of us losing money?) before investing either in cryptocurrency or stock. In this article, we will write about how to save money without hurting your quality of living.
You can do the following actions to save possibly thousands of dollars in the long run:
Easy way to save money without hurting your quality of life
- Pay off debt
- Compare sim for cheap plan
- Compare wifi and electricity plan for a better deal
- Check for discounts on essential things such as groceries and more
- Say bye-bye to cigarettes or such kinds of things
Pay off debt
Do you have debt, credit card, loan or the same kinds of liabilities that have higher interest rates? Then, Our first recommendation would be to pay off debt. You might ask, why? because let’s say for example if you’ve paid off the credit card which has an interest rate of 21%. 21% is a guaranteed return you can save on your principle. Thus, it will be smart to pay off a debt to save huge money, believe us 21% return on investment is remarkable that why your bank encourages you to use a credit card and even take out a loan from them. At first, it’s best not to use debt, either credit card or loan card. Can you believe me, I have taken a loan from the MoneyMe lending platform worth $2,100, I have paid them a lot. If you want to see a statement you can contact us.
Let us calculate an interest rate,
Total interest for this period that I have paid: $785.89
Outstanding charges: $0.00
Current arrears: $0.00
I = PTR/100
R = (100*I)/PT (R= Rate of Interest, I = Interest, P= Principle, T = Time in Year)
= (100*785.89/2100*15/12)
= 29.93%
30% interest is too high for consumers. Where the hell can you get a 30% return on your investment unless you want to rip off innocent people. Thus, please wake up and pay that kind of loan. They are not taking only money out of you, they are bathing on our blood.
Compare sim for a cheap plan to save money
If you are not in contract with your telecommunication. You might want to look for a better deal so that you can have some money or you can save money. While you explore for a better deal if you found a better option than that you are using now, it’s time to move. Certainly, there is no point to stick with a network company that is charging you more for the same data, same call and same SMS. For instance, we found tens or hundreds of people that they are stick with the same plan because they did not use their five minutes to compare the sim plan. Obviously, that could have saved at least hundreds of dollars in the next few months or years. It does not matter where do you live? You might be living in Australia, the USA, Europe or any other place. The idea is: To save money and work less if you want. It’s the same, earn money and pay somewhere where you can save. What if you can save that money, you don’t have to work for that amount cause you’ve already saved it. So, you will have a double benefit.
Website To Compare Sim Plan on Australia
For example, I live in Australia I’ve used website such as finder Australia, Whistleout, or Canstar to compare plan which is suitable to me and I will go to the sim plan website. Then, buy the plan however before doing that I will check those things:
1. Time of plan
2. Whether this is in contract or no contract
3. Am I able to transfer my phone number or not
I believe this should be the same for another country. Just go to google and type a sim compare then you should be getting a lot of options.
Swim for cheaper wifi and Electricity plan to save money
Look for a cheap wifi
Wifi is becoming more important day by day, we can’t resist that. Furthermore, this is a recurring expense, therefore even if we can bring down the cost of wifi by $5 we can save a lot of money. For example, let’s say if you can save $5 in one month, then in over 12 months you are going to save $60, next 30 years you will be able to save $1,800. Let me give you another example, now at the moment I am using wifi 12Mbps of speed and paying $34 a month. We know, for the same speed people are paying more. Speed is the same but the cost is different, some paying high and some paying less. Below, the table will show you and you will understand.
Important: The price of the Wifi service provider can change from time to time. This price table is correct as of 23 Aug 2021 in Australia. Here, we are comparing Australian internet providers only. The idea should be the same for another country as well. This is for only example purposes only, don’t rely completely on this information, please.
Compare different service providers with price
Service | Speed | Data/M | Price/M |
11Mbps | Unlimited | $34 | |
12Mbps | Unlimited | $39 | |
23Mbps | Unlimited | $59 | |
12 Mbps | 500GB | $59.99 | |
12Mbps | Unlimited | $60 | |
12Mbps | Unlimited | $59.99 |
This table shows clearly shows, same speed but the general public is paying almost double the price. Of course, there might offer for the new customers if that case grabs it. Certainly, what to do after the offer? Easy answer: request your service provider to continuously give you an offer or move to another provider if you can get the offer.
We have been stressing the fact if you get an opportunity along just grab it, you don’t have to listen to others.
Find out a Cheap electricity provider to save money
Electricity is essential for us, it’s like we can’t live without it. Obviously, it has a cost and we have to pay for it. However, there are ways to save ideas that are the same as sim plans. Interestingly, in Australia there is one popular website where you can compare electricity and the best things about it, this website is actually managed by the government this is Energy Made Easy. On this website, you can even upload your energy bills and compare price which is very excellent features on the website. If you live in another country such as the USA, European country or other can search in google and compare then find a better deal for you. Please, don’t pay more than you have to.
Check for discounts on essential things such as groceries and more to save money
One thing we don’t need to ask you is, do you eat food. No brainer, you do. No doubt, sometimes you will go to Coles, Woolworth or Aldi supermarkets to shop for your important food. Before you go please make sure you’ve checked their application to get the price of the various things or discounts as well. Furthermore, we found most of the items at cheap prices in Aldi than in others places. That way you can save some money as well.
Say bye-bye to cigarettes or such kinds of things to save money
Are you smoking cigarettes? Then, please calculate how much money you’ve already spent and how much money you are going to lose in the next one year, five years, ten years, twenty-year. Let’s assume you are smoking one cigarette per day which is costing you $1 a day, this is the minimum. Let’s calculate below:
One month cost = $30
One year cost = $30 * 12 = $360
Ten years = $360 * 10 = $3,600
Twenty years = $3,600 * 2 = $7,200
Forty years = $7,200 * 2 = $14,400
Can you believe that if you quit cigarettes today, in the next forty years? You are going to save $14,400 minimum, this is remarkable. Hence, please stop wast your hard-earned money on air which will give you nothing except it will cost you money plus probably affect your health. On the other hand, if you’ve stopped smoking cigarettes today, you will save a lot of money.
Conclusion
In final, we would like to thank you for your time and support. If you have any feedback, comment or concern you can contact us through social media, our email address is info@currencyhacked.com and if this article helps you please consider supporting us or tip us.