How to save money: 10 useful tips

Coffee to go. The mark-up for a drink is on average 400-500% per cup of coffee.

Gift cards. Nearly one in three gift cards are never used, according to Consumer Reports.

Food and drinks at the cinema. According to Redwood Capital’s calculations, US theaters earn a gross margin of 45-50% on ticket sales and 80-85% on snack sales. Champions in terms of profitability – circles, goods above cost by 8-11 times, and popcorn – by 9-19 times. And the smaller the portion, the higher the margin.

Premium fuel. Most cars do not need to be filled with premium gasoline.

The latest gadgets. Every time a new line of smartphones, tablets, laptops, etc. enters the market – the old version becomes cheaper sharply. Gadgets from the new line will have high technical characteristics, but the mark-up on them will significantly exceed the real performance increase compared to the previous model.

At the same time, preference should be given to branded accessories for gadgets. The charger from the manufacturer of your smartphone or tablet may damage them. Inconsistencies in current strength, voltage, low-quality components of the charger can lead to premature battery wear or failure of the gadget as a result of overheating. Therefore, saving a couple of hundred hryvnias on accessories can turn into a need to buy a new smartphone for several thousand hryvnias.

Plastic bags. UAH 250-300 per year spent on the purchase of packages at the checkout is a small amount, but even it can be saved. In addition, going to the store with your bag is more environmentally friendly.

Eating out. According to a study by the website MoneyUnder30, the cost of a home-cooked meal is about three times lower than the same in an average institution. And the markup on alcohol in establishments ranges from 150% to 1000%.

Cigarettes. Anyone who smokes one pack of cigarettes a day “burns” few thousand dollars per year, depending on the class of goods.

Lottery tickets. The probability of winning the lottery, in which 6 numbers must be guessed before drawing, is 1 in 13,983,816. The probability of winning with a ticket in which you need to cross out the field of numbers is 1 in almost 175,000,000.

Branded medicines. Among the same products, buyers usually choose a cheaper option, but this does not apply to drugs of advertised brands. The sales volume of the latter outstrips the sale of less popular analogues, although they have the same ingredients and principle of operation.

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