Learning to cook will save you money

Three tips for economical housekeeping

Many people believe that little practical financial knowledge was imparted to them in childhood. Even in adulthood, the lack of knowledge can have a negative effect on how they handle money. That is why it is worthwhile to get to know methods to save your own household budget and generate additional money.

According to the Federal Statistical Office, Germans spent most of 2014 on housekeeping and energy sources (36%). This is followed by spending on food, beverages and tobacco products (14%), as well as on getting around (14%). 1 But can this expenditure be reduced? To do this, you simply have to adhere to a few simple housekeeping rules.

First, learn to cook

There are many ways to cut your grocery spending. First of all, buy only the products you really need. So never go shopping without a full list of all the products you need - so don't be tempted by special offers and discounts for things that you don't need at the moment. This will also help you avoid wasting food. And if you've bought too much, remember: Many products are easy to freeze or canned. It is also a good idea to plan in a certain amount of money to spend on groceries at the beginning of each week or month. So you can closely control your expenses.

The next step is to eat out frequently and instead prepare your own meals. A home-cooked dinner or simply home-made sandwiches are definitely cheaper and also often healthier and tastier than the food that is offered at work in the canteen.

It also makes sense to learn how to cook and to try out tried and tested tricks. Steam cooking, for example, saves time and energy, and is healthy and uncomplicated. All you need is an ordinary pot with a lid and a matching metal sieve.

Second, give your electrical appliances a break

As early as the planning phase for their apartment or house, many consumers make the mistake of purchasing entertainment and household appliances that are not energy efficient but cause unnecessary costs for many years. So always use your common sense when purchasing household appliances! For example, don't buy a refrigerator that has a lot of features that you don't need. Such models are not only more expensive, they also use more electricity. Opt for a model that uses particularly little energy (energy efficiency class A to A +++). Buy simple devices because they usually last longer. Why? Quite simply because they consist of fewer components that could break. Also try to check the prices of all planned purchases - especially the large ones - in advance using price search engines. This can help you save a lot of money.

Also, remember to only turn on your washing machine and dishwasher when they are really full. So you wash less and not only save time, but also detergent, water and energy. Also, wash and rinse at low temperatures and use Eco mode.

Don't forget to switch off the devices you are not currently using instead of leaving them in standby mode. A normal power strip with a switch is helpful here, for example, with which you can switch off all plugged-in devices at the same time with just one hand movement.

Third, take the bike

If you use a car, earn points at the gas station and try to carpool to get to work. Consider getting a public transport ticket as it can be cheaper than gasoline for your car. It can also be worthwhile to combine the two: You can park your car free of charge at “Park & ​​Ride” parking lots and use public transport to cover the rest of the route. In the warmer months of the year, it is worth taking a bike when your commute is not too far. This saves you petrol and also does your body good.

1 Current business accounts. Federal Statistical Office, Wiesbaden 2016