Monday, December 30, 2019

Ways to Spend Money More Sustainably ♥

We’re at the beginning of a new year and a new decade. So if there’s ever been a time to think about introducing new habits and new ways of doing things, that time is now. With regards to your home and how you spend it, we should all be thinking about how we can spend our money more sustainably in the year ahead. There are so many ways in which this can improve our lives, so consider the tops below.

Try to Ditch Credit Cards
Ditching your credit cards is an important place to start. If you don’t have a huge amount of money at your disposal, you don’t want to be topping that up with credit that you can’t easily afford to pay off. It’s not a sustainable way to organise your financial life and it’s definitely something that you should think carefully about going forward.

Become a More Considerate Traveler
The way in which we travel is increasingly being put under the microscope. From an environmental point of view, using your car less and taking greener options such as buses and trains is definitely a good idea. Not only is it good for the planet but it can often be cheaper than car ownership. Take a look at the prices and feasibility of using public transportation in your area and see if it makes sense for you.

Reuse and Recycle
Instead of replacing items with new purchase, you should try to give some thought to how you might reuse and recycle the things you already have at your disposal. There are so many things that we can make use of and use again, so it makes sense to do that. Once you get into the habit of recycling and reusing, it’ll become the new normal for you.

Keep Big Spending to the Essential Purchases
When it comes to spending big on large items, you should try to stick to the essentials. Sure, it might be nice to have a new TV and the latest upgrade on a smartphone that’s not much better than the one you currently have, but is it the best way of spending your money? You’ll get more value out of buying the best combi boiler for your home when the old one breaks, for example.

Delay Before Purchasing
Before you make any big purchases, you should try to take a step back and think about whether you really need that item. Many people get themselves into money problems because they buy impulsively without really thinking about what they should buy and what they should leave on the shelf. A good rule is to wait 48 before going ahead and making a purchase you’re tempted by.

Make 2020 the year in which you start spending money differently and more sustainably. Even if you’ve tried and failed at doing this in the past, the tips and ideas we’ve discussed above might work better for you this time around. It’s definitely worth giving it a try, so what are you waiting for?

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