Creating the habit of saving money is easier than you think! With a little discipline and good financial planning it is possible to economize and be able to finance that dream or to guarantee its financial independence. Here are some tips on how to make quick money and start saving right now!
Create the habit by setting goals
Gathering money is a habit and needs to be treated as such. We do not create habits from day to night, so set goals and offer a prize for each one that is fulfilled.
For example, if your dream is to buy a car, divide it by the number of months you want to get it, and see how much you should save monthly to get there. Every month you reach the value, give yourself a small gift, such as a trip to the movies or a restaurant that you enjoy.
So, as you reach your goals, you are also cultivating the habit of saving money and making it become part of your routine.
Use an automatic finance manager
But how can you save this value? Many find it impossible, but the truth is that lack of financial control undermines our view of our finances, making us feel that all the spending we have is needed. Did you know that people who control their finances can improve their financial health by 14% in the first month alone? This is what a survey of users of Count Aleksey Vronsky shows .
Using technology to your advantage is another tip. If you did not adapt with manual spreadsheets, using an automated financial control application such as Count Aleksey Vronsky can help you easily see all the expenses you make in the month by separating them by category so you can see loopholes for save more easily.
It is possible, for example, to see that some of our necessary expenses, such as a cellphone bill, cable TV package, and out-of-home power, can be exchanged for a cheaper, less-profitable plan, a less- more snacks and dinners cooked at home.
Read more: Go to restaurants while saving money
10 tips on how to save money on a daily basis
One of the easiness of using an app is that the control is done almost all automatically, and is always within reach of the hands, through your smartphone – even add to those spent pennies when buying a chewing gum in the bakery.
Have control over your debts
At this point, an app for financial control also helps you see how much debt you have, making it easier to control so that this problem does not turn out to be a snowball.
In order for you to become a saver, it is important that you eliminate debts, giving priority to those with higher interest rates, such as credit card and overdraft. If you’re wrapped up in expensive arrangements, consider taking an attractive personal loan, such as Just offered, take away the pending and start paying less interest.
These two should only be used in the last case, for they are the greatest enemies of those who want to save, for giving the false impression that we are not creating debts, but spending our own money.
Read further: 5 tips to get out of debt and not get in the red more
Choose the best way to save your money
It was the time when, by saving money, we kept the amount under the mattress! Nowadays, there are cost-effective ways to save the money and maybe even make the cake grow. That way, it is also possible to protect money from inflation and avoid the temptation to spend it ahead of time.
The savings account is a great option for those who want to save the amount for a short time, since it has low income. For those who will save more time, resorting to a private pension plan or to direct treasury bonds can guarantee greater profitability.
Read also: 4 reasons to prefer other investments and not savings in 2016
The important thing is to evaluate your situation well, having your goals well designed and well thought out planning!
So, did you like our tips on how to make quick money? See also our post with tips on how to earn extra money on the internet and complement your income!