Save some bucks with extra planning

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With demonetisation hitting us hard, we all moved to cashless transactions to avoid the long queues at ATMs. Yes, we do accept that it is a way out. But how much are we able to save going cashless? After slogging for really long hours at work, the salaries we get go down the drain in a click, thanks to online shopping and other transactions. Are we even left with anything by the end of the month? The answer is a big no. So here are some tips that can help you save better.

Allocate your money spends
Always keep in mind the 50/30/20 rule. It is important to allocate more money to our essential requirements like rent and other home-related things. On the other hand remember to keep some aside for savings because that is very important. And the remaining money can be spent for other purposes. It is good to spend depending on priority.

Keep two different accounts
One should always keep two different accounts. It is advisable to transfer the savings as soon as you get the salary. You never know when an emergency would pop-up and you start looking for money. It is the best and the safest way to save money. You can even avoid availing an ATM card, so that you do not get tempted to withdraw it every now and then.

Go for cash-back services
Cash-back offers are a blessing in disguise. You should grab the opportunity and plan to spend wisely. Proper planning can actually help you save some money on the shopping. This can also leave you with some cash that you get with the cash-back offer. And you can also use the amount next time you want to buy.

Discount shopping
Discount shopping is something that tempts everyone. If you plan accordingly, you can buy for a whole year at big discounts. Keep an eye on the discounts so that you do not miss out on anything. You can also tag along a friend of your to go the army canteen as this is also one way to buy more in less.