When money is tight most people look for ways to cut expenses so that they can maintain their lifestyle and stay comfortable. However for many people, knowing which budget items to buy to cut costs can be difficult.
Follow this list to get quality items without breaking the bank:
1. Store brand food items.
Store brand food items like soups, beans, deli meats and even breads cost stores less and they generally pass that savings onto you. These items are almost always the same quality as bigger brands, so don’t hesitate to give them a try.
2. Over-the-counter drugs.
Like store brand food items, over-the-counter medications don’t always need a big name on them to work properly. Store brands work just as well for curing headaches and common ailments.
3. Prescription medication.
In most cases generic brands work just as well as their much more expensive counterparts. Ask your doctor to be sure but most generic medication provides the same treatment.
4. Children’s clothing.
If you have kids, buying full-price retail clothing just doesn’t make sense considering how fast they grow! Check second-hand stores or buy only when items are on sale. When children are young they are growing everyday so they traditionally don’t get more than a couple uses out of a single article of clothing.
5. Cleaning supplies.
The brands that advertise on TV might be more familiar to you but the ones they sell at the dollar-store in your area are usually just as effective and you could save 75% or more on a single product for your home. Stock up on cheap cleaning supplies that you use regularly so you don’t run out and have to buy the more expensive brand.
6. A car.
Cars depreciate in value as soon as you drive off the lot. So when money is tight or you’re simply looking to save, consider an economy vehicle instead of a more luxurious model.
7. Paper products.
Paper products like toilet paper, paper towels and even printer paper can be purchased for very little in bulk and on sale. You don’t need name brands to get the job done right.