The ability to save money is a useful habit that ensures financial security and brings you closer to your cherished dream every day.
It is a mistake to believe that the creation of an emergency reserve is the prerogative of top managers and people with above-average salaries.
Following a few fundamental rules, even those with a minimum income can make decent savings.
Keep Track of the Budget
Going to the market, write down what was bought and at what price. In the evening, try to analyze the feasibility of each purchase. Summarize the results of spending for the week and month.
The purpose of accounting is to find out what you can save on without worsening your quality of life, and also calculate your living wage - the amount that is necessary for a normal existence. The remaining funds should be put aside in the piggy bank.
Say No to Loans
The desire to accumulate systematically struggles with the desire to achieve the goal by taking out a loan - especially if you have to collect more than one year. Gather your will into a fist and refuse the most tempting offers. Remember one rule: "Tomorrow's dollar will cost more than today's." Banks, putting their own funds into circulation, will not give them away just like that. PR managers and marketers know how to attract customers with pseudo-profitable conditions.
It is also recommended not to take loans if you are an enthusiastic gambler. Playing at the Woo Casino website is good and you can entertain yourself, but never spend more than you are willing to risk.
Stop Buying too Much
A great way to accustom yourself to collecting money is to put everything you save into a piggy bank. For example, in the store, you saw a dress from the latest collection, which perfectly emphasizes the figure and matches the colour of the eyes. But you already have several dresses in your wardrobe, especially since you are collecting money for a more important purchase. Having memorized the price of the outfit on the tag, you force yourself to go as far as possible from the store, take out the saved money from your wallet and send it to the piggy bank.
It is important to get rid of free money in your wallet or on a bank card - put it in an emergency reserve.
Find Purpose
To motivate yourself to save money, you need to have a goal for which you will say “no” to yourself in the store before a rash purchase, refuse the next restaurant visit, walk a few blocks on foot instead of spending money on a taxi. Without a foreseeable goal and well-placed priorities, it will be difficult to convince yourself not to spend your hard-earned money.
Compare Purchase Price and Hours Worked
Know the value of each penny. Sometimes a person can thoughtlessly spend thousands of dollars without thinking about how much work he has invested to get them. To protect yourself from reckless spending, calculate how much an hour of your work costs. Intending to buy the next thing, think about whether 3-4 hours or maybe 2-3 days of your employment of this purchase are worth it. This practice protects against reckless expensive purchases, such as household appliances, jewellery, etc.
