Life hacks and 10 simple lessons from rich people: how to start saving money and living in abundance

Content

• Why most people don't know how to manage money
• How to save money - where to start
• Rule 1: Know the value of money
• Rule 2: How to save money - determine the goal
• Rule 3: How and where to store savings to save money
• Rule 4: To start saving money, say goodbye to debt
• Rule 5: Keep your home books
• Rule 6: Learn to allocate expenses
• Rule 7: How to save money on food and shopping
• Rule 8: How to save money on utility bills
• Rule 9: How to save money on transportation costs
• Rule 10: How to save money on the Internet and communication services
• Rule 11: Is it worth saving on education?
• Rule 12: How to save money on entertainment
• Rule 13: Get rid of what is sucking money out of you
• Learn to save! Do not give up

Personal experiences of people who have learned to manage money

There are many brochures on how to learn to be rich, self-sufficient and successful. The most impressive thing is the story of a teenager who started saving money for headphones for his phone, and in the end, six months later, he managed to buy a new iPhone and a powerful power bank to go with the headphones!

He didn’t do anything special: he simply began spending half the pocket money on cigarettes that his parents gave him for lunch at school. He didn’t spend it on lunches either, but began saving half of the amount for headphones, and lending the remaining half to friends if they asked. This teenager, at 14 years old, turned out to be more financially literate than his parents. He shrewdly kept cash in the wallets of friends and, if necessary, simply demanded to repay the debt, and therefore the amount in the deferred part grew.

Of course, these were pennies: the guy received the main amount for the new phone from his parents and friends for his birthday. But after purchasing the desired gadget, he did not return to smoking, but did the opposite: he began communicating on social networks with like-minded people, sharing his experiences and achievements. He believed in himself and learned to save on things that actually only ruin his life, taking away money, time and health. Small victories always inspire more and change a person’s consciousness.

Now the guy has a different goal: to save money to study in Prague. He has already made a plan on where to start, how to increase income and reduce expenses.

Learning to save money wisely does not mean learning not to eat, not drink and be content with second-hand clothes instead of decent clothes. It is really necessary to buy food, clothes, and spend money on entertainment, but wisely and without fanaticism.

Why most people don't know how to manage money

According to statistics, 90–95% of the country’s total population faces the problem of lack of money. The reason for this is financial illiteracy. Most educational institutions (schools, universities, etc.) teach a lot, but not the basics of finance. But knowledge in this area directly affects the standard of living of citizens.

This problem is most often faced by young people who do not have rich life experience. They acquire the necessary knowledge through trial and error throughout their lives. But their well-being could improve if, in their youth, they knew the secrets of income distribution and skillfully used them.

Spending below income level

The basic rule of saving money is to spend less than you earn. If the amount of expenses is comparable to monthly income, then the person is unprepared for unexpected expenses. If expenses exceed earnings, then additional losses appear. Most people living in debt use credit cards, which require repayment with interest.

You should not borrow money except for essential expenses. Debts not only reduce your budget, but also negatively affect your psychological mood.

Budgeting apps can help you control your expenses. They can be used to calculate profits and expenses. At the end of the month, you can analyze where the most money is spent and whether these expenses are necessary. People often don't realize that items they could have given up make up a significant portion of their expenses.

It is useful to reconsider whether there are services that you can refuse. For example, people often do not use all the features of the mobile operator tariff they pay for. In this case, it makes sense to check whether you can switch to a less expensive tariff.

A family budget is a plan of family income and expenses for a certain time period.

How to save money - where to start

In order to stop complaining about the low standard of your life, counting measly pennies until your next salary and denying yourself many little things, you need to know how to make money and learn to save part of your income. Savings help you be confident in the future.

“How to save money with a small salary?”, you ask. You can use a part-time job in your free time or make money on the Internet without investment. And also make it a rule to save 10-15% of all cash receipts. Call this expense item “For yourself.” Do this regularly without missing a single payment. Some people save a certain amount every 2-3 months, but this is not a good strategy. Thus, you do not discipline yourself and save money from time to time. This way you will definitely never achieve the desired result.

Common saving mistakes

Did you know that truly rich people are very meticulous about all their expenses. Sometimes you may even get the impression that some of them are overly petty. However, this attitude towards money can also be reflected in a positive way, calling this approach to spending frugality. After all, the true art of saving is to determine for yourself a list of things that you really need to buy, and weed out all the unnecessary things that can take up a significant part of your budget.

Many people believe that saving means constant stress and denying yourself everything. And they make obvious mistakes:

• eat poor quality food;
• trying to “save” on electricity, including a minimum of light;
• buy low-quality synthetic clothing;
• they deny themselves all the joys of life: relaxation, entertainment, pleasant shopping, travel.

I would like to please you and let you know that you can forget about all this. After all, we will tell you how you can start saving significantly and not deprive yourself of most of the things that are significant for a full life.

Rule 1: Know the value of money

Money is not easy for every person. Some people prefer to work on the Internet, some work at night and constantly lack sleep, some work in hazardous industries and acquire many diseases there, while others have to combine several professions at once, which takes all their energy and turns life into an endless marathon. .

Before you start saving, calculate how much you earn per hour. But you can spend this, perhaps small, amount in a few seconds. When buying this or that product, think about how much you had to work to earn this money.

Rule 2: How to save money - determine the goal

By saving money without a goal, you will very quickly abandon what you started, or spend all your money on some unnecessary thing. In order to save a certain amount as quickly as possible, you need to decide on a goal and set a time frame for achieving it.

For example, if you dream of owning a car worth RUR 600,000, but you have a used car worth RUR 300,000, you only have to save another RUR 300,000. If you set a goal and collect the required amount in a year, then every month you will have to save 25,000 rubles.

If you don't have enough money, read about how to make money on the Internet.

What prevents you from saving and saving?

You need to start accumulating not by defining a goal, but by getting rid of fear. Sometimes people are afraid that if they start saving and saving, then today’s life will become gray and boring, devoid of all joys. Therefore, you should gradually get used to the idea of ​​saving. It is especially good to start the process when income has increased at least slightly.

But the increase in income does not affect savings in any way. It can be started at any time. And the savings will become the first investment in future prosperity.

The third stage is to eliminate impulse purchases:

1. Realize that the momentary desire to buy , when you have just received a salary in your pocket, is caused not by necessity, but by the dopamine hormone. As soon as the calculation is made, the goods or services are received, the joy disappears, and the money is gone.
2. Analyze and identify your triggers —the triggers that “force you to buy.” For some, this will be failures in relationships with a loved one, for others, a stalled career. Advertising banner shows a happy married couple or business owner. But buying a product from a colorful billboard will not help improve your life situation - a vacuum cleaner will not create or maintain a family, and a super-powerful laptop will not guarantee a promotion.
3. Track when spontaneous spending occurs most often. As a rule, they are provoked by states of hunger, fear, joy, intoxication, stress, fatigue or illness. Such purchases contribute to additional stimulation of emotions or their artificial creation.
4. Understand the prerequisites . Behind useless purchases is the desire for the desired and necessary result. Therefore, you have to realize that you don’t have to buy anything to achieve your goal. Analysis, goal setting and strategy will help correct the situation.
5. Avoid thinking traps where your brain tries to find a way out of your long-term plan. For example, “Why reproach yourself if the money has already been spent”, “A week ago I already broke down and I still won’t achieve my goal” and other similar thoughts.

Some people will easily find answers to their questions, while others will need several days or even weeks. But no one can do without preparatory work.

Rule 3: How and where to store savings to save money

Depending on the amount you're saving, there may be several ways to store your savings. If you are saving for an apartment or a car (and this is a considerable amount, and rarely does anyone manage to collect it quickly), then it is most profitable to store money in the form of deposits. This way, you will not be tempted to withdraw a certain amount to purchase unnecessary small items. At the same time, the invested money will “work” and generate passive income.

If you are collecting money for several purchases, then it is better to open several accounts. This way you won't get confused about your savings.

If the purpose of savings is some household item, clothing, etc., then you can store savings in a three-liter jar, just roll it up with a metal lid first. This primitive defense sometimes works when you or your household members want to “re-occupy” them.

Many banks operate a savings service, after connecting which, a certain amount or interest on the deposit will be automatically debited from any cash receipt. This is a similarity to the same bank, only more reliable and more profitable (after all, interest is accrued, albeit small, for any deposits).

When investing money for a long time, remember that it may lose value due to inflation. It is best to invest your savings in real estate or foreign currency, gold. If you do not have the entire amount to purchase residential real estate, then you can buy, for example, a garage in a cooperative and rent it out. In the case of currencies and precious metals, the risk of losing your savings is minimal. For example, recently the price of the dollar and gold has only been growing, but not falling.

Read the article about where to invest your money.

Saving on vacation

If you don’t plan your vacation at all and focus only on accumulation, then the process can turn into a routine and even the final goal will no longer please you. Therefore, impressions and positive emotions cannot be completely excluded.

The earlier you book tours and flights, the cheaper they cost. In addition, you can subscribe to several groups and agencies, and there you can track promotions, bonuses, and discounts offered by tour operators. For those who travel alone or have done this many times before, the option of planning a trip without the participation of a travel agency is suitable. In this case, housing, flights and many other costs will be lower. To find the cheapest air and train tickets, you can track offers from carriers and buy them during promotional periods or at discounts.

In addition to flights, rest includes regular weekends and holidays, which do not have to be spent sitting at home. You can organize a trip to the theater, cinema or a thematic exhibition. Some events - festivals, exhibitions can be planned in advance. A number of them cost participants and visitors nothing. The schedule of free events is usually posted on the websites of the state administration, cultural centers or other official sites of the city.

Rule 4: To start saving money, say goodbye to debt

A person who has debts and a large number of loans most likely does not know how to manage his finances. Therefore, if you have similar difficulties, but set yourself the goal of learning to save, then you need to pay off all debts as quickly as possible.

If this is not possible at the moment, then try the next option. It, of course, will not solve the problem, but it will help save some money. Find a financial institution with more favorable lending conditions and take out a loan from them to pay off the existing one.

Having loans, you can still save. Try to distribute 10% (those that are “for yourself”) as follows: you save 5%, that is, accumulate, and use the remaining 5% to repay the loan (this amount should be in addition to the main part of the payment). This way, even though you are a debtor, you can still dream and set goals.

Of course, there are different situations in life, sometimes you urgently need a large amount (for example, for surgery or treatment), then you cannot do without a loan. In this case, try to choose a bank that will ask for minimal interest and the loan repayment period will be as long as possible. This is the only way to pay off your debt without harming yourself. For example, you needed the amount of 100,000 rubles. It is better to repay the loan in 5 years, paying 2,500 rubles, than to try to pay it back in a year, paying 10,000–12,000 rubles. monthly.

Fight against attitudes

The reason many people lack money often lies in financial illiteracy and psychological attitude. Many families lacked a culture of handling money, and children were not taught saving skills. As a result, people experience a lack of money even with a high salary, because they do not know how to manage finances.

If, despite your efforts, you cannot save money, you can consult a psychologist. It can help correct attitudes that interfere with the rational management of money. You can try to increase your level of financial literacy by reading thematic books on how to learn how to save money.

If there is no culture of handling money in a family, a person will not learn to save.

Accumulation of funds is more effective if there is a clear purpose for which they will be needed. When you save money for a car, repairs or a vacation, it is easier to refrain from spontaneous spending, because there is an understanding that the refusal to buy is not for the sake of something abstract in the future.

To be able to plan expenses in the long term, you need to be aware of the benefits savings provide. This will allow you to buy expensive goods in the future and protect yourself from unforeseen situations, such as treatment costs.

Rule 5: Keep your home books

Start writing down every single penny of your expenses. To do this, collect receipts and remember where, when, how much and for what you paid money. By recording all your expenses on paper, you can analyze where you spent more than you should have and where you managed to save money.

You can do home accounting either manually, using a notebook or notepad, or using a PC, after installing the “Home Accountant” program.

You need to record not only expenses, but also income. After your next salary, distribute all funds, starting with mandatory payments. To do this, you can use the envelope method. Buy several envelopes, sign them (“For utility bills,” “For food,” “For transportation expenses,” etc.), and put the required amount in each. Thanks to this, you will not spend extra money.

You can involve your husband or wife in this process. They can do checks and audits. This method will discipline the “accountant” and will not allow him to relax.

Should you cut down on spending on necessary things?

Sacrificing essential things like food and electricity to save money is not the best solution. This approach can be hazardous to health. The point of saving is not to endure hardships for the sake of the opportunity to acquire something in the future, but to properly allocate funds.

Necessary expenses are the basis for planning your living budget. Expenses that cannot be avoided include:

• Food;
• payment of utilities or rent;
• hygiene products and medicines;
• clothing for the season;
• cleaning products;
• transport.

Knowing how much money is spent on necessary expenses allows you to set boundaries for your monthly budget, which should not be exceeded in order to accumulate savings. To do this, you need to make a table consisting of all the items of necessary expenses and the amount that is spent on them per month. The final figure will be the amount that you should try to stick to monthly. This approach will allow you to avoid impulsive spending, which often becomes the main reason for the difficulty in saving money.

To learn how to save money, it is useful to analyze your expenses.

One method of saving is to spend the same amount, regardless of what your income was that month. This will allow you to save money when you receive a bonus or other unexpected profit, rather than spending it right away.

Rule 6: Learn to allocate expenses

The expenses of each family can be divided into 3 categories:

• Mandatory – utility bills, food, transport, communications, etc.;
• Secondary - education, furniture, hobbies, entertainment, etc.;
• Useless - cafes, gambling, bad habits, etc.

You can and should save on each of these categories. This doesn't mean your standard of living has to deteriorate. You just need to reconsider your lifestyle a little and acquire new habits. Knowing and following some tips, you can save up to 50% of your family budget.

Rule 7: How to save money on food and shopping

If a person begins to save and save money, then the first thing he does is limit himself in food, eat cheap, low-quality food. But this is the wrong approach. When it comes to nutrition, the first thing you need to do is review your diet. You will definitely notice a lot of goodies that are harmful not only to your wallet, but also to your health. These include pastries, cakes, chips, fast food, etc. They are the ones who “eat up” the lion’s share of the family budget.

But you just need to switch to proper nutrition. It can be delicious and 100% healthy. Don’t skimp on the quality of products, but don’t buy “hyped” products either. Try to find a “golden mean” and buy analogues that are worthy of expensive goods. This way you take care of your health and save money.

Menu for the week

Most housewives throw away a lot of spoiled food, and they all paid for it earlier. To prevent this from happening, create a menu for the whole week. This is the only way you can adequately estimate the amount of products needed.

Big shopping day

Based on the menu you have compiled, try to make one large purchase. Of course, you won’t be able to completely give up going to the store during the week. After all, there are perishable goods that should preferably be consumed fresh. These include bread, dairy products, etc.

Make a shopping list

This is a great technique that allows you to save a lot. Before you go to the supermarket or market, make a shopping list. This will prevent you from making impulsive purchases. In all supermarkets, experienced marketers have set “traps” that work on a subconscious level and force the client to buy more than planned.

Calculate the exact purchase amount

Based on your shopping list, roughly calculate how much cash you need to take. Thus, even if you really want to, you won’t be able to buy an unplanned product.

Pay only in cash

When paying for goods with a credit card, you do not physically feel the money, so you can make thoughtless purchases. It is much harder to say goodbye to real banknotes than to virtual funds. Therefore, pay in cash.

But on the other hand, when you pay for goods with a plastic card in some stores, the bank automatically accrues bonuses, which are expressed in monetary terms. This also helps you save money. When paying for purchases with a credit card, you need to have good willpower and confidence that under no circumstances will you spend extra money.

Fixed amount

Try to spend the same amount on groceries every week.

Don't go shopping on payday

When you receive your hard-earned money, you immediately want to buy half the store. During this period, a person cannot really assess his financial situation, so he spends more than expected.

Put off going to the supermarket until the next morning. Once you distribute your funds, you will lose the desire to spend money uselessly.

Visit supermarkets when you are full

A hungry person is able to buy more than he planned. He does not control himself and may deviate from the list. In addition, supermarkets sometimes specifically resort to techniques that awaken the client’s appetite (for example, spreading the aroma of freshly baked bread throughout the sales area).

A man should do the shopping

Scientists have proven that men make fewer impulse purchases than women. Therefore, ask your loved one to go to the store more often.

Don't be fooled by store tricks

Often, high-quality but inexpensive goods in supermarkets are placed on the lower or upper shelves. Therefore, do not be lazy to study the entire range of products. Compare prices constantly.

Do not throw promotional items into your cart. Most likely, it is past its expiration date, or there is something wrong with it. By buying a promotional product, you will save 100 rubles, but you will get several thousand worth of health problems.

The right buying strategy

Depending on how large your family is and how often you cook, you can purchase food in bags, or, conversely, by weight in small quantities. For example, if a large family often uses flour in cooking, then it is rational to buy a bag of this product. If the family consists of 1-2 people, then it is more profitable to buy cereals and groceries by weight. Otherwise, various living creatures may appear in food products.

Control the sellers on the market

When shopping at bazaars and markets, always look at the scales. Very often, sellers turn away the scales, and no one except them can see the real weight of the products. Ask them to turn them, or stand in such a way that the scoreboard is visible. You can also check the weight of purchased products on control scales, which should be available in any market.

Get into the habit of bargaining. Very often this technique works and you save more than you planned.

Never leave the seller without counting your change, because they often make mistakes.

Visit the market in the evening. Often sellers give good prices for all goods.

No semi-finished products

Instant foods do not contain nutrients and nutrients. Therefore, it is advisable to buy fresh meat in order to later prepare a tasty and healthy dish. It's profitable and safe.

Freeze seasonal vegetables and fruits

Following the principles of a healthy diet will require you to eat plenty of plant-based foods throughout the year. In the summer it is not a problem to buy vegetables and fruits, which cannot be said about the winter period. It is not profitable to buy frozen food in stores, since their markup is 100–500%. In order not to overpay, you need to prepare as many vegetables and fruits as possible yourself in the summer.

Use discount cards

Most chain stores have a discount system. A client using a discount card can save 3–30% of their purchase amount.

Don't be fooled by advertising

The price of a well-advertised product already includes part of that advertising. That is, you pay not only for the product itself, but also for the advertising video or banner.

Online shopping

At the moment, it is more profitable to make purchases through the World Wide Web. It is there that you can find the same product 10–20% cheaper than in stores in your city. Many sites offer sales and promotions that can help you save a lot of money.

Look for analogues

This advice applies more to purchases in pharmacies. Doctors often prescribe expensive foreign drugs because they cooperate with pharmaceutical companies. When you come to the pharmacy, ask the seller to select analogues of the medicine for you. Or do it yourself by finding the necessary information on the Internet, and there is plenty of it there.

Don't skimp on cosmetics

What you can’t skimp on is personal care products. Poor-quality cosmetics can cause serious health problems, and this can lead to additional costs.

Buying clothes

Review your wardrobe and plan what items you need to buy for next season. Find out their cost and spread the purchase price over several months. During this period, when allocating the budget, take this expense item into account. This way you can save a large amount without damaging your wallet.

Take food with you to work

The lion's share of the family budget goes to lunches in cafes and canteens. Start taking prepared food with you. This way you will eliminate unnecessary expenses and preserve your health (after all, it is unknown under what conditions food is prepared in public catering).

Postpone purchase for 2 months

Try to wait 2 months before making a large purchase. During this time, you will really evaluate how much you need this purchase and whether you can do without it.

Don't make these mistakes, then everything will work out

At the end of the article I want to look at common mistakes that prevent us from accumulating:

• No savings goal

You're just saving money, but you don't know for what. Without a specific goal, you reduce your motivation, it relaxes you and after a while you will give up this activity. Tested for myself.

• Save according to the residual principle

I will put aside as much as I have left at the end of the month for savings. As a result, you will increasingly be faced with the situation that at the end of the month there will be nothing left.

• Keep money in an easily accessible account or at home

You have opened a special account for savings, but it allows you to withdraw money at any time. The temptation to do this in order to buy another gadget is very great. It's even worse when the money is simply kept at home. You not only risk spending them, but also depreciating them.

• Saving at the expense of meeting essential needs

Some people go to extremes in their desire to save and save. They begin to refuse the most necessary purchases. For example, purchasing medicine or paying for a club for a child. This can lead to serious consequences. Starting with family problems and ending with health problems.

Rule 8: How to save money on utility bills

Use electrical appliances wisely

Unplug electrical appliances when not in use. Even a phone charger, when it is plugged in, consumes some electricity.

Choose the right lighting

Make it a rule to turn off the lights when you leave the room. In addition, try to use spot lighting, for example, when reading a book before bed, turn on a sconce with one light bulb, rather than a chandelier with three.

Gradually replace conventional light bulbs with energy-saving ones.

Energy saving technology

Everyone knows that household appliances are divided into classes depending on how much electricity the device consumes. When purchasing a refrigerator, washing machine, etc., give preference to energy-saving models (class “A”).

Use the electric stove, kettle, microwave oven, washing machine and refrigerator rationally

When you turn on the stove, most of the electricity goes to heat it. Try to cook once a day, but all dishes at once.

After you turn off the electric stove, it retains heat for some time. You can use this. For example, when you cook noodles, dumplings or dumplings, you can turn off the stove as soon as the water with the food has boiled. The dish will “cook” itself on a hot stove.

Pour only as much water into the kettle as needed. For example, if you want to drink a cup of tea, then you should not boil 1 liter of water. It is enough to pour 250–300 ml.

When heating food in the microwave, use containers that fit the serving size. Small portion – small dishes.

Load exactly as much laundry into the washing machine as is written in the instructions. In case of overload, 10-15% more electricity is consumed. Try to collect dirty laundry so as not to “idle” equipment.

Place the refrigerator away from the window, radiators and stove. Thanks to this, it will consume less electricity.

Install counters

Utility tariffs are getting higher every year. To avoid overpaying for unused water or gas, install meters. Of course, you will have to pay a tidy sum right away, but all costs will pay off within six months.

Insulate your apartment

Many people complain about the low temperature in their apartment in winter. In this case, you have to turn on the heaters, and they consume a lot of electricity. To get out of this situation, it is necessary to replace old windows, the front door and insulate the facade of the apartment or house.

Is it worth saving on a low income?

Instead of giving up spending on food and utilities, you can look for ways to save on them.

To spend less money on food , you should reconsider your eating habits - for example, stop eating in cafes and cook at home. Cooking at home is cheaper than buying ready-made and semi-finished products. To save time on cooking, you can set aside a day when you prepare food for the whole family for a certain period of time - for example, a week.

Saving on food by changing your eating habits can also bring health benefits. To do this, you need to stop buying unhealthy products, which often make up a significant part of food spending - chips, fast food, carbonated drinks and reduce the amount of sweets.

save on utility bills by starting to monitor your use of electrical appliances and water. Getting into the habit of not leaving lights on when no one is in the room and turning off most appliances at night or when everyone leaves the house can help reduce your energy consumption.

It is worth recalculating the tariffs for utility services and finding out what is more economical - paying at the average tariff or installing meters for electricity, water and gas.

Almost every person faces the issue of saving.

If possible, energy-saving household appliances will help reduce energy costs. It will cost more than usual, but will pay off in the long run by reducing monthly utility bills.

Rule 13: Get rid of what is sucking money out of you

Bad habits

Tobacco products and alcohol are harmful not only to your health, but also to your wallet. Before you go buy your next pack of cigarettes, sit down and calculate how much money you “smoke” in a year. This amount will shock you. Therefore, the most correct way out would be to get rid of bad habits that have a detrimental effect on your body.

Rituals you can do without

Surely every person has a couple of rituals that he performs daily. For example, on your way to work, you visit a cafe and drink coffee and a bagel. This seemingly harmless procedure significantly empties your wallet.

No to beggars

Every person has found himself in a situation where his debts were not repaid. To prevent this from happening, learn to refuse people. Of course, if a loved one in whom you are confident asks for a loan, then you should not refuse help. Just be careful that you are giving away your earned savings.

Never take out online loans

Currently, a huge number of microfinance organizations offer clients loans. They claim that it is simple, fast and profitable. Never fall for such offers. In case of an acute shortage of money, re-borrow the necessary amount from relatives or friends. In this case, you will not need to pay exorbitant interest.

Learn to save! Do not give up

For most people, when they start saving and saving money, there comes a period of despondency. I want to give up, give up on everything and make an expensive purchase. Remember that after this stage of life there will be a period of recovery, so you should not lower your head and quit what you started. Don't give up, because no one said it would be easy.

To summarize, let's highlight the main rules that people who decide to save should use.

• Set a goal, define a time frame and prioritize;
• Learn to accumulate 10-15% of your total income;
• Maintain home accounting, correctly distributing all funds;
• Pay off all debts;
• Invest your savings;
• Follow the principles of healthy eating;
• Don't be fooled in shops and markets;
• Don't waste money on useless and expensive things;
• Consume electrical energy wisely;
• Install counters;
• Get rid of bad habits;
• Stop wasting money in restaurants and nightclubs.

You can save money without compromising your health and psychological state. A person who raises funds to make a dream come true can eat quality food, occasionally visit entertainment venues, and dress well. The main thing is to know and be able to use little secrets. And then you will definitely succeed!

The last tip is to learn how to keep a spending diary.

As we stated earlier, you need to carefully plan and analyze your purchases. For convenience, you can keep a shopping diary, where you carefully fill out everything purchased and spent during the month. This will help you identify all your weak points and eliminate unimportant expenses. This is especially true when allocating a budget for a large family. It will look like this:

To maintain such diaries, many applications have been developed that themselves keep track of what was spent per day and period. Analyze your purchases and you can easily identify what is an important purchase, and what it is advisable to do without. And you will be seriously surprised when you find a lot of options on how to reduce your monthly costs by getting rid of unnecessary expenses and purchases. For example, after analyzing our list, you can immediately remove the purchase of a package from the list. There are usually several of them stored at home, and by taking one of them with you, you will get rid of one unnecessary purchase. You can also refuse to buy a car, because it is most likely an impulsive purchase or a banal “one-minute wish” of your child. So, it’s worth analyzing every item you buy.

And remember, saving is not an indicator of poverty, but a confirmation of the rationality of an intelligent person. As they say, a penny saves a ruble. So you, on pennies, can become a little richer than you could imagine.