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Five ways to keep your costs low amidst the rising prices


Devaluation of the Naira

Devaluation of the Naira

The time has come again, when you need to save money as if your life depended on it. While the need to go ahead with one’s day to day activities isn’t something that can be avoided, here are five ways you can keep your costs low.

Carpooling is a good thing for your wallet. Considering the high cost of transportation, you’ll save a reasonable amount of money which would have been spent on purchasing fuel or visiting the mechanic.

Shop online
Taking fewer trips to stores and local markets minimizes the amount of fuel spent on getting there. With the affordable online delivery services in the country, you get to save a reasonable amount of money.

Buy locally
We all know that locally grown or produced food stuff is often available at a cheaper price than imported food stuff. One of Nigeria’s large online supermarkets and grocery delivery services has labelled all locally produced products with a “proudly Nigerian” stamp, making it easier for you to identify local products. By patronising local products, you get to save a reasonable amount of money.

Eat at home
Rather than going out to eat, you can stay at home and cook any nutritious meal for a small fraction of the price at a restaurant or fast-food joint. Look up your favourite meal recipe online for local recipe database, purchase the ingredients and get cooking!

Use coupons
In as much as coupons are not so popular on this side of the world, they provide an easy way to save money. A number of websites offer coupon points which you can use to shop for items.

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