Everywhere you only hear about saving, financial cushions, deposits, caring for a quiet future, blah, blah, blah … If these topics you are not completely interested in and you think that you can do well without funds put aside for a rainy day, then look what to do to Your piggy bank has always been empty. Read all my advice and I’ll prove to you that you should start doing the opposite!
Put off what’s left for you
If you have any free funds at the end of the month, put them on your savings account or put them in the proverbial sock. Don’t worry, however, if you find that you have nothing left – you obviously have too much spending that prevents you from starting regular savings.
Nonsense! With this approach, you’ll never be able to save more money. If you do not make sure that your account has any funds, you will not have money for a rainy day. Stating that you earn too little and have nothing to save on is the most common and the most nonsense argument. The best way will be to create a standing order, thanks to which your savings account will be credited with the appropriate amount every month. It can be as much as USD 100 – think that after a year you will have USD 1,200, and after five years as much as USD 6,000 (+ interest).
Don’t plan a household budget
Why know how much it costs – all you have to do is pay by card in the store, use BLIK at the gas station or order online shopping by clicking on individual products. If the funds on your account are running out, it is a sign that you need to stop a little and eat crumbs from the cabinets or eat dishes from your purse or withdraw your credit card for the next payment. Making statements and tables in Excel or on paper is a waste of time, because you have different expenses each month, so you’ll never be able to accurately determine your budget.
Nonsense! The household budget includes both fixed and additional expenses. The first include water, electricity, gas, utilities bills, gym pass, credit installments, food expenses, public transport tickets, fuel, household goods. Additional expenses include all kinds of entertainment, shopping for clothes, cosmetics, medical visits, medicines and travels. If you make a list of all your monthly fees and provide approximate costs related to food or gasoline, which you refuel regularly, you’ll know how much money you can spend on other expenses. Checking your current expenses will help you determine how much money you can spend on your savings account and what situation your finances are in. Answer a few simple questions – how much are the bills, how much do you spend on food, fuel, cosmetics, and you’ll find out how much you spend on life. Do it and you won’t regret it!
Save on everything you can!
Are you a brother with all promotional newsletters and follow TV commercials to pride yourself on being a specialist in supermarkets? So you’re not afraid of rides around the city – a kilo of sugar in Lidl is cheaper by a dozen groszy than in Biedronka, and for milk it’s best to go to Tesco to save a whole quarter USD! However, not only grocery shopping is your source of savings.
Also, electronic equipment, vehicles, clothing and medicine must be from the lowest shelf. It doesn’t matter if the oven breaks down after a few months, and the toaster will go with smoke after a few breakfasts – it’s important that you found the opportunity and managed to save!