Have you ever thought how much of effort, time and hard work goes behind earning even an extra penny but at the same time it is so easy to spend. We live in a consumerist society where everything is required and everything is on sale. The marketers directly hit on the psyche and leave the consumers bewildered and spendthrifts rush when they here, €Hurry! Offer for a limited period only.€ or €Rush before it's too late!€ And here the consumer spends more then what he even earns, thanks to the varieties of credit cards and installment payments. So, here are nine handy tips which will help you save better:

1. It's time for you to rewind and go back into the basics of economics, Wants and needs. Needs are basic, needs are like food, clothing and shelter. While wants are specific like a Mercedes S class, as a car wherein the need is just basic transportation. Therefore, think before you spend categorize products that you desire into needs and wants, and you will rationally spend less.
2. Maintain a budget and a diary where even small expenditures that you make are recorded. Thus, you can allocate budget for the next month better by analyzing the expenditures and contemplating where should spend and where you should not spend.
3. Start spending less; there are a lot of options available in the market. Look for cheap options with similar benefits. But be careful not to spend more just because there is some promotional scheme going on.
4. Buy the things that you need monthly together, bulk purchases help a person to save more because it helps avoid intermediate purchases. When a person goes to buy things now and then he/she ends up buying more than what is required.
5. Credit cards are evil mechanisms working against savings. It helps you to spend more and thus ensure that you buy more than what you can afford. Even if you use them, make a habit of clearing them monthly.
6. Keep money aside for future, opening fixed deposits or buying bonds will help you. To start off, a piggy bank at home is not a bad option to save money. Allocate a part in the monthly budget as savings and always try to save more than the allocated budget.
7. Remember whenever you move out of the house you spend money. Whether it's for coffee or just snacks, food and beverage outside will cost you much more then at home thus making you spend more,
8. Consumer friendly discounts are what you must seek and not just run in the mad rush behind the word €Sale'.
9. Don't ever compromise on Quality, paying attention to small things like electricity, water etc can help you save much more than you could all these years.

Thus, think before you spend and stop imitating others and always remember a grand in your wallet will give you more confidence than carrying a grand worth of wallet.