Pakistanis have been suffering as inflation has increased over the past few weeks, having no mercy on the poor. From petrol and diesel prices to monthly and annual taxes on salaries, the people of this country are facing it all.
While the new government is trying to get a hold of the situation, it seems as if everything is slipping from its grip. People have lost their jobs, local manufacturing and production have halted, companies are not increasing salaries and the groceries that were done at PKR 20,000 now cost PKR 30,000+.
While we are trying out best to survive this unbelievable inflation wave, there are a few cost-saving tips and tricks you can imply here and there to save a little extra in your pocket.
1. Grown Greens Indoors
Instead of paying high rates for vegetables and everyday essentials, you can simply grow most of them in your house. All you need is a few pots, soil, water, seeds and natural sunlight. You’ll have home-grown chillis, tomatoes, mint, cilantro, and other ingredients growing in no time.
Consider it a one-time investment, and the best part is everything will be freshly picked right from the pot! Moreover, you don’t need a backyard, you can simply place the pots near any window or in a gallery if you have one. PS – if you don’t have a pot, you can always recycle unwanted plastics!
2. Solar is the Future
Electric bills have gone through the roof, and the prices per unit keep increasing every other day. Hence, the one-time investment and permanent solution are to switch to solar panels. These panels are charged by the sun’s natural light and can store extra energy to be used at night. One panel is enough to keep an entire 1-bedroom house powered, most importantly, you won’t have to worry about load-shedding ever again.
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3. Invest in the Right Assets
Keeping money in the bank keeps it safe, but what is the point if that money doesn’t grow and help you in tough situations? As inflation in Pakistan sees a rise, it’s important that your assets also increase in value. Hence, it is a smart idea to use a portion of your savings and invest it in assets such as gold or real estate which will return the investment and give you profit on top of it.
4. Cut Down on EXTRA Costs
Yes, it is a tough thing to do but it is a must and NEEDS to be done. Cut down on extra costs, unsubscribe from services like Netflix or Amazon Prime if needed, set a limit to your cards, stop foodpanding and eat home-made food, try not to step out of the house to save fuel, save water and close off extra lights every time you see someone leave the room. These small efforts and gestures will help in the long run.
5. Choose EVs Over Pollution-Spreading Cars
yes, Electric Vehicles (EVs) are the future, and yes, at the moment the country’s infrastructure does not support such vehicles, however, they are 10 times more economic and climate-friendly as compared to fuel-consuming vehicles. You can always choose a bicycle or an electric scooter too!
How are you cutting back on costs? Share your thoughts with us in the comments section below.
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