My saving idea: Buy bulk or value packs when shopping

Every week, ET Wealth brings you news and ideas about how to save and invest. But individuals have their own saving hacks as well. In this new section, we invite you to share saving ideas that have worked for you. Mind you, we are not asking you to suggest stocks, mutual funds or other instruments. We just want you to share the saving hack that helped you cut expenses or allowed you to put away more every month. The best ideas will be published every week.

Garima Bagrecha from Kota has an idea for saving on everyday essentials. When buying products that have a long shelf life, buy in bulk or choose value packs to cut down your cost. Value packs of products like shampoo, detergent, ghee, etc., can save you anywhere between Rs 10 and Rs 100. Buying things like toothbrushes, scrub pads and bin liners wholesale, rather than retail, can also help you save.

(Do you have a saving idea? Send your tip to etwealth@timesgroup.com with “Saving Idea” as the subject line. The best ideas will be published and the contributor will get a copy of You Can Be Rich, the PF guide from ET Wealth.)