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November 22nd , 2024

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TIPS TO AVOID OVERSPENDING

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2 years ago



There seems to be a skyrocketing increase in the prices of food, fuel, and services while salaries stay the same. This has led to an increase in the cost of living of the ordinary Ghanaian in terms of overspending on budget. Here are three tips to help you spend within your budget and earn more;

Using bulk purchase has pros as a tool that is essential to reduce the cost of goods that are purchased frequently. To be more adept at spending within budget despite increasing prices, it is crucial to apportion your revenue in a way to get large quantities of goods at a lower cost

Rent in Ghana has become more expensive on the part of tenants and its effect is prevalent among the youth. Paying two years in advance to secure a place of accommodation takes a toll on the limited budget. This leaves little to spend on food, clothing, and transport among others. To solve this, tenants of the same caliber can agree to reduce their cost of accommodation by renting a place together and splitting costs.

Taking advantage of sales promotion opportunities can be a great way of saving more of your income or getting more quantities at a lower cost. Customers in Ghana should take advantage of sales promotion offers such as coupons, vouchers, BOGO specials, and discounts to get more goods and services.

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