How to Cope with the Cost-of-Living Crisis (Easy Guide)
The cost of living is rocketing all around the world, from the US to Europe. As a result, many people have to make significant cutbacks and sacrifices to combat the crisis. No doubt, you’re doing the same, too.
The good news is that coping with the current cost-of-living crisis isn’t as scary as you would imagine – so long as you incorporate a few budget-savvy methods into your routine. Don’t believe it? Follow the steps below to make your life a whole lot easier over the coming year.
Step 1: Use Coupons and Vouchers
Coupons and vouchers are both amazing when it comes to saving money while still getting the things you want.
Let’s think about footwear as an example. With winter arriving, you probably want to buy some nice shoes and boots, right? The only problem here is that high-quality footwear is usually expensive – even when there isn’t a cost-of-living crisis going on.
Fortunately, a Koi Footwear promo code is here to help in this particular example. Coupon codes and discounts are usually always available – whichever store you shop at or whatever product you need. In the latter instance, you can save some serious money and get your hands on some good shoes – easy.
Throughout the rest of the internet, there are literally millions of other free coupons and vouchers spread out. The key is to find high-value ones for stores and brands that you love. When you find them, all you need to do is type the coupon or voucher code at checkout to get the savings you need. As you become more experienced at discount code shopping, you’ll turn into a coupon and voucher expert. Suddenly, the cost-of-living crisis will be a walk in the park!
Step 2: Reduce Your Electric and Water Usage
Whether you live in a small apartment or a large house, it’s important that you try to reduce your electric and water usage over the next year. The reason for this is that electric and water bills are two of the main culprits in the cost-of-living crisis. In particular, electricity costs have skyrocketed for the average person. Logically, the best way to reduce the impact of this is by reducing your usage.
If you usually shower twice a day, try showering once a day – and make it shorter. And if you normally have your lights on until midnight, try turning them off at 10 PM instead – you get the idea. Small everyday changes like these truly do add up and can make a huge difference to your bills.
Step 3: Cancel Some Subscriptions
Here’s a crazy fact: the average consumer spends $86 monthly on subscriptions. What’s even crazier is the fact that most of these consumers don’t even realize it!
Modern life is built on subscriptions. From Amazon Prime to Spotify, they’re everywhere. Although most subscriptions on their own are usually low in price, when you add them all together over the course of a month, it’s a different story.
So, if you have any active subscriptions that you don’t use, get to work on canceling them. It should only take a minute or so. For example, if you subscribe to Apple Music but never use it, you can cancel that right away.
Step 4: Use Public Transport
Owning and driving a car has suddenly become very expensive. As a result, people are turning to public transport – and they’re saving lots of money in the process.
From buses to trains, there are plenty of options to choose from. You can even get monthly passes to save even more money.
For anyone struggling with the cost-of-living crisis, use the steps above. They’ll help make your life easier while the problem continues!