1. Housing and utilities – saving potential – 10-20%
a) Home loan EMI, rent – negotiate on interest rate, security deposit Home insurance – negotiate on premium and discounts
b) Electricity bill – use energy-saving LED / CFL lamps
c) Cooking gas – adapt fuel-saving habits
d) Water bill – check all leakages and wastage
e) Society charges – utilize facilities wherever possible
2. Provisions and personal care – saving potential - 20-30%
a) Groceries – buy in bulk to avoid frequent market trips
b) Fruits and vegetables – buy only what is storable without getting spoilt Personal care expenses – use smaller packs for rarely used products
c) Life and health insurance – buy online for discounts
d) Household help wages – employ a single person for multiple work
3. Education – saving potential – 5-10%
a) Fees – prefer nearby school / college, if similar to others
b) Books and stationery – buy in bulk for full session
c) Tuition – arrange at home, if possible
d) Uniforms and accessories – buy only as per need
e) Transportation – school bus or car pool with other parents
4. Transportation – saving potential – 10-15%
a) Fuel cost – combine trips for shopping, entertainment Car loan – bargain on interest rate
b) Car insurance – buy online for discounts
c) Maintenance / repairs – get car serviced regularly for better running condition
d) Car rental – pool for commuting to work
e) Air, train travel – buy tickets online
f) Taxi, public transport – book online, seasonal pass
5. Clothing and furnishing – saving potential – 25-30%
a) Clothes – shop during sales discount period
b) Apparel, soft furnishings – go for smaller brands
c) Dry cleaning – use only for valuable clothes
d) Appliances and gadgets – buy online
e) Furniture – buy used ones or during discount period
6. Communication – saving potential – 15-20%
a) Internet – switch off modem or dongle when not in use
b) Mobile phone – shift to prepaid plan if usage is low
c) Courier – use local and national services as per need
d) Postage – use cheaper post office service if purpose is served.
7. Entertainment – saving potential – 5-10%
a) Satellite TV – choose basic plan with annual discount Movie theatre – avoid compulsive snacking habit Dining out – use coupons, discounts while eating out
b) Home party – pool in dishes wherever possible.
a) Home loan EMI, rent – negotiate on interest rate, security deposit Home insurance – negotiate on premium and discounts
b) Electricity bill – use energy-saving LED / CFL lamps
c) Cooking gas – adapt fuel-saving habits
d) Water bill – check all leakages and wastage
e) Society charges – utilize facilities wherever possible
2. Provisions and personal care – saving potential - 20-30%
a) Groceries – buy in bulk to avoid frequent market trips
b) Fruits and vegetables – buy only what is storable without getting spoilt Personal care expenses – use smaller packs for rarely used products
c) Life and health insurance – buy online for discounts
d) Household help wages – employ a single person for multiple work
3. Education – saving potential – 5-10%
a) Fees – prefer nearby school / college, if similar to others
b) Books and stationery – buy in bulk for full session
c) Tuition – arrange at home, if possible
d) Uniforms and accessories – buy only as per need
e) Transportation – school bus or car pool with other parents
4. Transportation – saving potential – 10-15%
a) Fuel cost – combine trips for shopping, entertainment Car loan – bargain on interest rate
b) Car insurance – buy online for discounts
c) Maintenance / repairs – get car serviced regularly for better running condition
d) Car rental – pool for commuting to work
e) Air, train travel – buy tickets online
f) Taxi, public transport – book online, seasonal pass
5. Clothing and furnishing – saving potential – 25-30%
a) Clothes – shop during sales discount period
b) Apparel, soft furnishings – go for smaller brands
c) Dry cleaning – use only for valuable clothes
d) Appliances and gadgets – buy online
e) Furniture – buy used ones or during discount period
6. Communication – saving potential – 15-20%
a) Internet – switch off modem or dongle when not in use
b) Mobile phone – shift to prepaid plan if usage is low
c) Courier – use local and national services as per need
d) Postage – use cheaper post office service if purpose is served.
7. Entertainment – saving potential – 5-10%
a) Satellite TV – choose basic plan with annual discount Movie theatre – avoid compulsive snacking habit Dining out – use coupons, discounts while eating out
b) Home party – pool in dishes wherever possible.