South Africa’s economic status feels like a kid on a seesaw now which is why we should be considering our spending. This doesn’t mean that we need to cut out the things that we enjoy, but more to be conscious of it and find opportunities to save where we can, which is why we are sharing our shopping and saving tips.
More is less when it comes to saving
It might sound crazy to say that buying more of a product will help you to save, the trick to this is to plan and consider the end goal in the long run.
Sow today what you will reap later in a couple months’ time, bulk buying is a great way to save! Of course, this type of shopping only works with products that will only expire over the next couple months, food produce is not a recommended purchase.
The reason why bulk buying works is that shopping markets tend to have specials when you bulk buy a specific product, this in turn helps you to save more than you would of if you bought the products on a monthly basis in an individual form. You may be spending more now, but consider how much you would be able to save with the specials on bulk buys.
Saving fashion for a rainy day
Shopping for winter in spring is a ridiculous concept, but if you really think about it then you will realize that the stunning coat that used to be a pretty penny during winter is now on sale at 50% off the original price during spring!
Shopping for a different season to the one that you are currently experiencing is a great way to save when it comes to fashion! Stores will be loading the past season fashion onto the sale racks to create space for the new season fashion, which means you just need to look closely for those classic pieces that will work for next year’s season.
Turn spending into saving
The reason why most of us cannot save is because if have it, we spend it. You can’t spend money you don’t have which is why it’s always a good idea to invest in a savings plan with your bank.
Create a monthly budget for yourself to allocate specific spending to different areas of your life such as rent, groceries and entertainment. Be sure to also have a portion of money dedicated to saving and every month when you get that SMS ping notifying you that your salary is in your account, immediately transfer your dedicated savings amount to your savings account, so that way you will not be tempted to spend it!
Get a little more for your buck by investing wisely, at Woodlands we have a range of banks that you can visit to find the right kind of savings plan for you that will ensure your savings have a decent growth with interest.
Shopping and saving with Woodlands
We are all for saving however, that does not mean you should say goodbye to all the fashion and fun. At Woodlands, we like to cater to all types of shoppers, which include our saving savvy shoppers. The stores at Woodlands are always so inviting with their incredible specials and promotions that happening monthly. You can find the latest promotions that are happening at the store here.
If food is your reason for spending so much money, then you will be happy to know that at Woodlands our restaurants also have exclusive specials! Remember, saving is easy when you know where to shop!