Have you adjusted to the financial uncertainty this pandemic outbreak has caused? How smart do you handle new challenges that could strain your finances?

As coronavirus continues to spread, we have come across issues with economic uncertainty and a high unemployment rate that has challenged our financial stability without warning. In this case, your budget could be different from usual and this could mean that you have to cut back or cut out certain expenses just to stay afloat. So here are 5 simple tips that might help you spend strategically to save money and keep your finances in good health.

Buying in Bulk

How much do you really save when you buy in bulk? This actually depends on the amount you need. Stockpiling is not always a smart move to save up money, but when it is something that you and your family use every day, it can be a wise financial decision. And it is smart to stockpile non-perishable goods of food and toiletries. Before you go shopping though, always remember to plan out your grocery budget first and watch out for buying things in bulk that you do not intend to purchase in the first place. Just because it looks like a good deal, that doesn’t mean it’s a good deal for YOU.


Whenever you make an online purchase, always check for any coupon code. Couponing has evolved into the act of looking for deals and steals by searching for promo codes online in order to save a few bucks at checkout. You can seamlessly find coupons whenever you visit the website of your favorite store. Subscribing to their newsletters is another way to keep updated of their weekly or monthly deals and special sales. Find coupons on sale items that you need most and optimize your savings.

Cashback Apps for Rewards

Although cutting back purchases can ease your financial situation. this won’t stop you from spending for your primary needs. But, saving while spending is possible. Cashback apps allow you to redeem rewards from the products you buy. Upon purchase, cashback apps reward you with a certain percentage from the amount you spent off buying the items. These applications credit you to earn points which you can use to deduct and lessen the total amount of your next purchase. Cash back credit cards are a common example.

Special Sale Days

Take advantage of all the biggest sale days you can think of on the US calendar. These kinds of sales and deals usually surface every year, so you can mark your digital calendar to remind yourself of them annually. Plan these days ahead and get the best deals possible.

Here is a brief list of major sale days you can take note of:

  • New Year’s Day (January 1st)
  • President’s Day (3rd Monday of February)
  • Memorial Day (Last Monday in May)
  • Independence Day (July 4th)
  • Labor Day (1st Monday in September)
  • Columbus Day (1st Monday in October)
  • Black Friday (The day after the 4th Thursday in November)
  • Cyber Monday (The Monday following Black Friday)

In these dire times, you need to be thrifty with your finances to be able to survive until this pandemic is put to an end. So, save your money, stick to your budget, and avoid any extra debt.