We all know what it’s like to have so little money at the end of the month. Getting through the economy is still hard, so we need to do some changes in order to survive. However, beware of scams, as they’re everywhere – just look at Yves bouvier dealer.
We’ve written this article to give you more info about ways to save money.
There are not many people who have heard about the phrase “pay yourself first”. It’s quite easy, actually – when you make a budget for savings, treat it as any other bill you have to pay. It’s actually a good idea to open separate accounts for emergency savings – we never know what could happen – retirement or any goals you want to achieve – perhaps you want to buy a dog, or take your whole family and go on an adventurous trip.
You can set up an automatic transfer to the accounts when it’s payday. This way, you won’t be tempted to spend the money in any other place. Future you will thank the present you.
Always keep the change
Everyone has that jar with change. Make the most out of it now. All you have to do is empty your wallet of change a few times a week. We know how much change we get. You can also make it fun for your family: have your kids draw what you should do with the money when the jar is full.
Or you can always exchange the coins you have for bills – at the supermarket or at the bank (for a small fee). Just make sure that your savings don’t go to waste because of the exchange fees.
If you keep your change in the course of a year, you might just get a hundred of dollars in savings. This is how you can save a lot of money.
No raise for you
You got a raise – that’s excellent! However, before you start spending money, you might want to increase your savings. If we’re talking about an annual cost-of-living increase, then you’ve probably already done adjust to the higher prices. If we’re talking about a promotion-related raise, you won’t even notice the money.
You can spend your extra money, or you can save them for something more important – your retirement, or a family vacation.
Don’t change the habits
After some years, you could pay your debt. That’s good, and that means you have some extra money each month. But don’t go and pay them in one place. You can pretend you still have to save money for an important payment, except it’s not for the bank, but for you. Keep yourself motivated for putting money into savings – just think of that trip with your family, or of any other goals you have that you want to achieve.