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Controlling expenses and not buying impulsively are essential factors to avoid causing problems.
Money costs to get it, but instead it goes quickly if we do not control our expenses. And it is that everything in life costs money: if we want to go to the gym, a dinner with our friends, a weekend at the beach with our partner… it is easy to make ends meet and realize that this month we have spent more from account. Many times, for unnecessary things.
Tips and tricks to save money
If you have been thinking for a long time that you want to have a savings reserve but you never get it, in the following lines you can find a list of tricks to save money and tips so that you can achieve it.
1. Be careful where you keep your money
You may have been in your bank for many years and it is comfortable for you to continue there, but there are many banks that charge very expensive and sometimes abusive fees and interest. Research and analyze other banks to see if there are better options for saving money.
2. Make it your goal to save money
The first step to saving money is putting your mind to it. It is true that many times we can propose things and then halfway we can throw in the towel. But you start with something: you have to set goals.
3. Save a fixed amount each month (even if it’s a small amount)
Once you decide that you want to save money, you need to move from thought to action, that is, start saving. You may save if you save some money every month, even if it is little, and if you schedule your expenses in advance on a weekly basis.
4. Don’t use a card
The card can be a useful tool when shopping, but it can also cause us to have an unrealistic perception of the money we have and spend. It’s better to leave home with just enough money than to overspend on the card.
5. Think about what you spend
Do not buy to buy, but you must buy things that are useful. It’s okay to buy shoes, but use them and don’t buy them on a whim. You can spend a lot of money on unnecessary things. By the way, if possible, avoid shopping hungry.
6. Wait to make the decision
A good strategy to avoid buying unnecessary things is to wait to make a decision, that is, to think with a cool head. Analyze the pros and cons of your purchase, do not get carried away by the aesthetic packaging of the products (television ads, marketing campaigns, street maps, etc.)
7. Put the money in an envelope
It is always good that you calculate more or less what to spend per month. While I have already mentioned that it is better not to use the card, it is also good to have the money you think you will spend in a month tucked into an envelope.
Do not spend to spend, but it is better that you compare offers. For example, if you are going to go on a trip, there are many websites that compare prices for you.
9. Use the customer card
Many establishments offer small discounts and gifts for their customers. It is always good to have this type of card, even more so if you go often to that place. But be careful, it could happen that this card leads you to buy more than you need.
10. Think about old age
It may cost you to save if you think in the short term, but it will be easier if you think in the long term , to reach that age without financial problems. The third age is a stage in life in which we no longer work, and everything that we can save throughout our lives will be of great use to us.
11. Read a book to save money
There are different literary works that offer a lot of advice to save money
12. Have fun while saving
Saving is not something fun, but rather necessary. But there are some applications on the market that allow you to entertain yourself while you save. Some of these tools are SaveUp or SmartyPig, which help make saving an exciting challenge.
13. Make use of psychology
Psychology is a science that provides knowledge on many issues that affect our day to day.
14. Eat gum and listen to music
For example, since many places use music or smells to attract the attention of our senses, you can chew gum and wear headphones when you go shopping, which will help you consume less impulsively.
15. Think how much it cost you to earn that money
It costs a lot to earn money nowadays. Therefore, the next time you go shopping, think about what you have sweated and the hours you have invested to earn that money that you are going to spend in an afternoon.
16. Be careful with light and water
Light and water are very expensive, so if it can be avoided, it is always better to turn off the light when it is not needed and not waste water. In the latter case, you could put a reminder next to the tap , for example.
17. Prepare food at home
It may be more convenient for you to go to a restaurant when you have an office break, but if you want to save money, it is better to bring your food from home. You can make your favorite dishes and store them in a “tupper”.
18. Use the 24-hour rule
In one of the previous points I have talked about thinking about the consequences of spending money. It is good to apply the 24-hour technique if what we want is to save. This technique consists of delaying the decision to buy something for up to 24 hours.
19. Put a reminder on your card
If you don’t want to do without your credit card, at least put a reminder next to it so you don’t forget that you are saving. You can put a sticker on the wallet to remind you.
20. Quit tobacco
Some vices are expensive. Especially some like tobacco, which are also harmful and do you no good. If you stop smoking , not only will your health notice the benefits, but also your purse. One of the most effective money-saving tricks, but also the most sacrificed.
21. Imagine your purchase as money
Instead of looking at those new sneakers that you have bought as a new fad, look at them for the price they cost. Maybe so the values more.
22. Write down the money you are spending
A good strategy to save is to write down the money you have spent, as it can serve as feedback to know what you have spent this month.
23. Make a budget
Knowing how much money you have spent each month helps you plan for next month. So with whatever you think you need, put it in an envelope. The rest you can save in the checking account.
24. Install LED lights
The LED lights (Light Emitting Diode) suppose they are not only an energy saving, but also in the electricity bill. This is why they have become so popular in recent years.
25. Take advantage of offers
Many times stores and supermarkets have discount products. For example, when you buy a large can of tuna, you get a 50% discount on the next unit. If you shop smart, you can save a lot of money each month.