7 ways to save money and tighten up the economic downturn in the COVIDS era. “The new financial norm in the COVID-19 era” found that 59% of the majority of Thai citizens have reduced their income and invited them to see how to “save” the cost of the salary man. To help cope with the economic downturn in the COVID-19 era
The economic crisis in the era of “COVID-19” experienced by people around the world and Thai people. Causing many families to lose a lot of income It has become a household financial crisis or a personal financial crisis, especially some Thai families who are already in a state of insecurity. In the face of the COVID-19 crisis Became even more severe in financial problems Including salarymen who came from their hometown to work in Bangkok Must face this economic crisis no different
It is better to turn to the situation with consciousness. Then start managing your own finances more carefully Not only about “saving money” but also controlling various expenses to “save” as well. Invite you to check the list of ways to “save” the cost of a salary man in Bangkok. To cope with the economic downturn in the COVID-19 era Along with the results of the survey about “The new financial norm in the COVID-19 era” is quite interesting.
Office of the Health Promotion Foundation (Thai Health Promotion Foundation) in collaboration with the Campaign Stop Gambling Foundation Having conducted a survey on the situation and public opinion on the “new financial norm in the COVID-19 era” on June 15-30, the survey found that More than half of Thai people are affected by the epidemic, with 59% saying they have a decrease in income, 52% have more expenses, 62% have a decrease in their savings. But worrying is that 36% of the debt increased.
When asked about the financial adjustment in the face of COVID-19, 40% of them were found to cut their spending, 29% were trying to earn more, and 13% had some “saving” adjustments. Need to save less But some households save more while the other 15% found that they incur more debt. And when asked that after the government unlocks Are there any efforts to reduce expenses? It was found that many Thai households have tried to reduce unnecessary expenditures, including
47% tried to reduce their expenses for clothing and apparel
40% discount on lottery
36% discount on lottery tickets underground as much as online shopping
30% discount on alcohol
11% reduced the cost of cigarettes until now Although the situation of the COVID-19 epidemic Our house is considered to control the epidemic as well to some extent. But still cannot be trusted because the outbreak can happen at any time And the domestic economy will continue to deteriorate for a long time until Thailand has enough vaccines and medicines to treat COVID. Until then Now everyone should turn to “frugal” eating and tightening belts to cope with the dire economy of the COVID-19 era. We have compiled a few tips for making the most of “saving” as follows.
1. “Save” by making your own food
Well, as everyone should have tried to do some time in the “quarantine” period at home in the COVID-19 era, it was to try cooking for yourself. Some were even surprised that they discovered their new abilities in the quarantine period. Because of this cooking skill The more often you do it, the better it gets. In addition to acquiring a new skill already. Another advantage is that it is a very good “saving” cost. Because of the fresh and raw ingredients that are bought to cook each time It can be cooked for many meals. It can be eaten for many people. It is more cost effective than buying food outside the home. Including the purchase of food delivery even though it is convenient But the price is expensive If you have to order to eat every day, it probably won’t be possible.
2. Reduce expensive special meals And learn to grow vegetables for themselves
Talk about cooking your own meals. Another thing that will help you “save” even more is. Vegetable gardening At home or at the condo Especially vegetables that Thai people tend to use in cooking often, such as basil, chili, basil, morning glory, coriander, celery, spring onion, etc. When the vegetables are mature enough to be cut to eat. Will help to buoy expenses on the part of food as well Another option is to reduce the frequency of eating special meals outside the home or large meals, such as avoiding expensive buffets. Do not eat foreign food in a high-priced luxury store, etc.
3. Reduce luxury expenses. No brand-name shopping
In this sluggish economy, women who enjoy shopping for cosmetics Brand name bag Brand-name clothing, etc., or young men who like to buy new game discs or game consoles. Must have to rest expenses here first And turn to control and reduce these luxury expenses down Because now the country’s situation and the economic situation is not so good “Save money” is the best. In case of an emergency so that it will not be seriously hurt
4. Plan to “save money” carefully.
Another thing that should be done in order to be able to “save” your expenses more meet your goals is to carefully account for income, expenses and “save money” plans, especially salaries. Even though there are still work to be done right now But I can’t be sure that the company or organization you work for could be affected by the sluggish economy in the COVID Era. Operating results may fall. If something unexpected happens, disciplined “saving money” will save your life in an emergency.
5. Buy “discount” stuff but get quality.
This kind of COVID era Anything you buy must think carefully before buying. As I said above, during this period, you must refrain from shopping for luxury goods first. But if that thing is really necessary Can buy But there is a trick to get the best value for your purchase. Nowadays, online shopping has come to answer the needs of the people of this age a lot. Besides being easy to buy and comfortable to receive Another thing is that it can help you “save” as well.
6. Share money each day. And refrain from expensive drinks
The next tip to “save” money is. Try limiting the amount of money you spend each day. Especially the salaryman should be able to do it easily Starting from when the money has been received, divide it into 2 pieces, the first of which is used as savings. The other one is taken out to manage them in parts Used for necessary expenses such as accommodation, water, electricity, monthly mobile phone charges, meals, travel expenses, etc. In the part of food and travel expenses that need to be used each day May be divided and set the amount per day In order to limit costs for more efficiency
7. Social Distancing “saving” with home activities.
Activities outside the home that cost you quite a bit of money include: Monthly / Yearly Fitness Subscription The price is several thousand baht or some of them are tens of thousands baht. Including going out to the cinema to watch a movie Party, clubbing, etc. These will all make you waste your money. (Try to make a straightforward income and expenditure account Maybe you will be shocked by your expenses!)
