As we hope for things to get better, here are five suggestions on how to save money at home.

1. Review current expenses

Start by listing all your monthly expenses, such as rent, food and groceries, transport, airtime, power, water, personal upkeep, and so on. Analyse each item critically, as this will paint a clearer picture of your spending habits and give you an indication of what you can cut back on and what you can do without entirely. 

Memberships and subscriptions are loopholes for spending money unnecessarily because people tend to pay and not utilise these services accordingly.

Check how you use your monthly TV subscriptions or gym memberships, and consider cancelling them if they are hardly used or switching to less expensive packages that suit your needs.

Upgrade when necessary or over the holidays when you have more time to spare. The same applies to internet services as well.

2. Shopping options

Take the time to identify multiple service providers and retailers for price comparisons. Doing this will help you settle on cheaper or more affordable alternatives to fit your budget.

Another cost-saving tip is to consider bulk buying non-perishable items, which is becoming increasingly popular in Nigeria as more people move towards bulk shopping from wholesalers.

If you live alone and are concerned about the quantity of the goods, pair up with someone else and split the items with them. 

Don’t shy away from signing up for reward programmes commonly referred to as “points” offered by local supermarkets.

They always come in handy when you have stretched your budget, and you can use them to top up the difference. Keep an eye out for daily or weekly bargains on household items frequently advertised by supermarket chains.

Also, start planning your meals on a weekly or monthly basis. A meal plan guides you when grocery shopping, helping reduce food wastage because you only buy what you need for the meals.

This is especially true of groceries, which we are all guilty of purchasing in excess from time to time.

3. Outsource help

Releasing your live-in housekeeper and scheduling a domestic worker from SweepSouth Connect to come in once or twice a week to clean your home is a viable cost-cutting approach if you live alone, have older children, or other adults staying with you. Assign the remaining light responsibilities to the rest of the household. 

“Security and safety are important to us, and all our staff go through thorough vetting before enlisting their services,” says Awazi Angbalaga, Country Manager for SweepSouth Connect Nigeria, an on-demand online home cleaning service platform that connects people with trusted domestic professionals.

“We understand the need to have someone trustworthy in your home. Once you’ve given instructions, allow them to carry out their tasks with the confidence that the cleaning will be completed to the utmost standards,” says Angbalaga. 

“Getting in a cleaner to help you with time-intensive chores like windows, cleaning kitchen cabinets, the fridge and oven, so that your house looks sparkly clean, frees you up to be able to spend time on other responsibilities you may have,” she adds.

For homes with two housekeepers, consider letting one go if you can no longer afford both and hire help as and when the need arises. 

4. Save energy

Electricity is one of the most costly but necessary household expenses. Switch from the ‘normal’ light bulbs known as incandescent bulbs to LED bulbs as they are more energy-efficient and last longer.

Carefully select and use the most energy-efficient settings on your washing machine and run it only once or twice during the week. If you have a dryer, rather hang your clothes outside to dry.

Layer up, whether inside or outside the house, to keep warm so that you won’t have to use heaters unnecessarily.

Other small tips, like ensuring the lights are off when not needed, and taking shorter showers go a long way. Cooking in bulk and freezing the food saves gas and time. It also comes in handy on days when you can’t cook for one reason or another, and then you have ready-to-go meals.

5. Lifestyle 

We all like to enjoy the little joys and comforts that life offers. However, when tough times call, we should be ready to scale down on these luxuries. 

Reduce the number of times you eat out or buy take-outs in a month. It will save you more money and is also a healthier option for you in the long run.

Carpool to work or other engagements with a friend or relative who lives in or around your neighbourhood. Share the cost of fuel or alternate cars every week. Examine how much you spend on grooming each month, and do what you can at home.

There are many ways one can cut costs on the home front. However, for this exercise to be successful, honesty with oneself is required to make an informed judgement when making the necessary changes.

If you struggle to be honest with yourself or you need assistance, consider engaging a financial planner to help you shift your focus to the right things, put your money into perspective, and give you sound advice.

The post LISTICLE: 5 Tips to Lower Your Living Costs appeared first on Tech | Business | Economy.

Unemployment is not only on the rise in Nigeria, it’s rising at a rapid pace as a result of an uncertain economic environment, exacerbated by the negative impact of the Covid-19 pandemic.

According to the Nigerian Bureau of Statistics, 33.3% of the country’s population were unemployed in the fourth quarter of 2020 – the second highest unemployment rate in the world. That means that around 70 million people in Nigeria are currently without jobs and unable to generate an income to support themselves and their families while 15.9 million people in the country are underemployed, working less than 40 hours a week.

One of the biggest obstacles that often stands in the way of people finding employment is a lack of awareness. Essentially, unemployed tradesmen, artisans and workers are unable to easily find or learn about employment opportunities where their skills are needed, largely relying on word-of-mouth or references from people within their social circles.

But, on-demand home services company SweepSouth aims to tackle this challenge by directly connecting job seekers with those who require their services.

“The simple fact is that you can take advantage of 100% of the opportunities that you’re exposed to. But, when you’re dependent on finding new work opportunities through what the people around you have knowledge of, it becomes extremely difficult to have access to opportunities that could improve your employment situation,” says SweepSouth CEO Aisha Pandor. “Technology is one of the most powerful enablers of connectivity and we wanted to leverage that potential to ensure that home service providers such as domestic workers are able to connect with as many employment opportunities in the most convenient way possible.”

Pandor started the company in 2014 after her and her husband went through a difficult and lengthy process when trying to find a domestic worker quickly.

Now, with the tech platform SweepSouth Connect, which was launched in Nigeria four months ago, domestic workers (home cleaners, nannies) and artisans like electricians, plumbers, carpenter, painters and air-conditioner repair service providers, will be able to easily find dignified work.

Most importantly, the platform is allowing domestic workers to earn higher than market rates while giving them the power to choose who they take work from, where, and for how much – an opportunity that puts control back into the hands of a group that is often exploited and underpaid.

According to SweepSouth’s fourth annual Pay and Working Conditions for Domestic Workers Across Africa report, although 65% of Nigerian domestic workers are the main breadwinners of their households and are responsible for financially supporting an average of four dependents, only 29% earn more than 27 000 Naira per month.

Meanwhile, more than half of domestic workers’ primary role includes cleaning, cooking and childcare. As domestic workers are excluded from Nigeria’s national minimum wage act, it is essential that their ability to find work that offers a fair wage is improved.

“Our main objective in creating SweepSouth connect was to create a platform that could demonstrably improve the lives of both customers and home service providers such as domestic workers, particularly as the pandemic has had a significant impact on domestic workers in the country, with 2 in 5 having lost their jobs as a direct result,” adds Pandor.

“Employment has such a huge impact, not only on our financial status, but also on our mental health, self-esteem, and overall quality of life. It is critically important that we do all we can to ensure that more people have access to employment opportunities that offer fair compensation and better working conditions if we are to address unemployment at its root, and technology has a big role to play in matching job seekers with opportunity.”

SweepSouth Nigeria enables home service providers to connect with prospective clients looking for home cleaning, plumbing, painting, carpentry, air-conditioner repairs, fumigation, electrical services and more, through a simple and easy to use mobile app. It also provides clients with a list of vetted and trustworthy candidates, and payment is made on the platform.

The post How a Tech Platform is Helping the Unemployed Find Jobs appeared first on Tech | Business | Economy.