Keep growing your bank balance with these four pandemic-driven saving habits.
1. REEVALUATE SPENDING
Consider whether some of the purchases you may have gone months without are necessary going forward. Or rethink how often you want to make them compared to before. For example, if you started to work from home, you might have saved money by making your lunch instead of eating out. If you return to the office, you could continue saving by bringing lunch from home at least a few times a week.
“Since we were all stuck at home, I didn’t have many opportunities to go shopping or dine out. So I saved the money,” says Vida DeOliver, a jewelry designer and owner of Vidart & Life Boutique, an online store based in Union, New Jersey. “I saved more during the pandemic than I had prior.”
DeOliver says these days, she has more in-person spending opportunities, but she’s keeping the saving habit. “When I go shopping, I ask myself if a purchase is really necessary, or if I could hold on to the money and save it for something I’d really like later,” she says.
2. DELAY BIG-TICKET PURCHASES
This story is from the October 29, 2021 edition of AppleMagazine.
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This story is from the October 29, 2021 edition of AppleMagazine.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
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