Just do not say that you know everything about money, including how to properly accumulate, multiply and plan your finances. Remember that small habits can form a successful future. Here is a list of those that can help you expand the cash flow.
1. Transfer money to another account.
Setting up an automatic debit of a part of the money receipts to another account or to the "Money Box" assigned to your card is one of the most effective ways to finally collect for the purchase of a long-awaited gadget or an unforgettable trip. The ideal option is if you replenish this account weekly. For example, want to buy the latest mobile brand (cost $ 996)? In order to collect for a year to buy a gadget, install a monthly automatic transfer of funds $ 83.
2. Plan your purchases.
Instead of rushing along the supermarket, filling your basket with a lot of unnecessary goods, plan ahead in advance what you want to buy. Write a list of the necessary products, products, do not forget to indicate how much you plan to spend. It will help you avoid impulsive purchases of goods that you absolutely do not need.
The same rule applies to online stores. Focus on what you really need and how much you are willing to pay for one or another product. Do this a few days before the purchase. If it can wait, give yourself 30 days, and then make a decision whether it is worth buying with or without it and so well lives.
3. Looking for alternatives.
Here we are talking about finding a replacement for expensive products with a budget option. Adore to eat in the morning avocado with bread? Try replacing it with a thinly sliced fresh cucumber. Or, perhaps, you are crazy about cappuccino and every day you buy it before work, despite the fact that there is a coffee machine in the office where you can cook this drink. Believe me, by saving money on such small things, you will be able to accumulate a considerable amount in the future.
4. Think about yourself.
If, having received a salary, the first thing you do is pay the bills for the apartment, replenish the mobile account, then you will not be able to increase the savings. What you need to do first is to allocate some of the amount for your own needs, transfer them to a backup account, to the "Money Box". If you are afraid that in the future you may not be enough to pay for utilities, create a budget.
5. Skillfully manage the saved.
Did not buy coffee today and there was an additional $ 2 in the wallet? Put them in a piggy bank, on your savings account. Or, perhaps, today you decided not to order pizza and, thus, managed to save $ 10? Without hesitation, replenish them with your card or put them away from you, until you have spent this money on a trifle.
6. Save your prize.
If you received vacation pay or a wage premium, postpone this money. If it's hard not to spend the entire amount, be sure to transfer part of it to the savings account.
7. Plan "B".
We always copy to something, which means that this "something" should be in duplicate. For example, your main goal is to collect for a trip to the sea. Copy it all year and suddenly realize that you do not really want to go there. This means that there must always be a spare plan in mind. So, in the end, you do not mindlessly empty the piggy bank and spend all your savings on impulsive purchases, but keep saving, but for something else and not less important for you.
8. We save on one thing.
Trying to cut unnecessary waste, you run the risk that many areas of your life will fall under the reduction. You know, this can lead to what you feel, like losing yourself, cutting off an important part of your "I" from yourself. To prevent this, learn to spend less money in one area. Start with small victories. For example, if you go to a gym, and every month buy sneakers, top, leggings, try to reduce these costs. Or instead of ordering dinner, prepare a meal yourself.
9. Analyze your financial success.
Each month, conduct an analysis of your monetary progress. Determine for yourself how much you managed to save, how much to save. Only this way you can accurately understand whether you are becoming financially more literate. Moreover, obvious successes will become a kind of stimulus, accelerating monetary savings and multiplying their savings.