Everyone loves a “sulit” purchase. Whether you’re on a budget or on a splurging mode, getting the “most bang for your buck” is a simple yet profoundly rewarding feeling.
Unknown to many, when it comes to spending, less doesn’t always mean more. Oftentimes, investing early on or upgrading strategically can be more cost-efficient especially for necessary items and essential services at home.
Here are four ways to do when you want to save more in the long run:
Purchase big-sized items
For items you regularly use at home, like detergent soap, shampoo, dishwashing liquid, coffee, and milk, it’s better to buy the biggest or family-sized packages as it eliminates the need to buy more often. Items which come in refillable containers also give you more savings because you’ll only have to buy refill packs which are cheaper. The same principle applies to buying in bulk especially for food items you consume daily like rice or eggs.
Pay in full
Whenever you can, settle your bills in full. This especially applies to credit cards and tuition. Paying in full means you avoid interest charges which can significantly compound debt. In most schools, a discount is given to parents who opt to pay in full at the start of the school year. Aside from the savings, not having to worry about succeeding payments is always a priceless feeling.
Get an extra
Having an extra of things you regularly use is a practical way to save money in the long run. For instance, buying two pairs of reasonably priced office shoes so you can alternately use them is a smarter choice than buying one expensive pair which will wear out faster if used daily.
Buy in bundles
Aside from saving you money, bundles save you shopping time. There are bundles for food items, toiletries, clothing, and even digital services. PLDT’s Best Buy Bundle is a bundle that brings together the digital lifestyle basics of Filipino families—home broadband, mobile connectivity, and home entertainment.
The Best Buy Bundle enables subscribers to mix and match unlimited PLDT Home Fibr, Smart mobile, and Cignal pay TV plans. Aside from the unified bill, subscribers enjoy huge savings of up to 15 percent off when they bundle three services and 10 percent off if they choose a pair. The savings can reach up to P11,300 a year.