This article was first published on Metal
If you’re like most people, you’re probably always looking for ways to cut costs and save money. Whether you’re trying to pay off bills, save a little extra, or invest more, there’s always a good reason to want more money.
But finding ways to save money can be hard – and there’s lots of confusing information out there telling you to do difficult, disruptive things. That’s why we came up with three simple ideas you can use to pay less and keep more.
Sometimes the name brand feels better, tastes better, or looks better than any generic equivalent. Chances are that you have your favorite brand of BBQ sauce and wouldn’t want to switch it up for whatever generic version would save you $0.50.
But some items are worth going generic for. Here’s the two categories where you should try the generic version:
Over-the-counter Medications – While it may seem odd, over-the-counter medications are often the safest products to use the generic equivalents of. Medicines are tightly regulated by the FDA, so any active ingredients in them are guaranteed to work just as well as their brand name version. They often write on the box what they are the equivalent of, and most stores stock brand name and generic versions beside each other. Going generic here could save you a decent amount of money each month.
Paper Products – We get it, you love your extra absorbent paper towels, or your super soft toilet paper. But generic versions of these items often perform just as well, for sometimes half the price. Brand name products cost quite a bit to package and advertise, and that cost is passed down to you. Going generic here may not be too noticeable, and would save you money each week.
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