How to save money?
You want to make any significant purchase or just save up a decent amount of money for the future? Regardless of what the money will go, you need to first think about and understand how to save money. In this article we will give You a few tips that will help You to achieve a positive result in the accumulation of their finances.
How to save money — tips
Each of the people involved in the accumulation of money will give You their recommendations. We offer You the most popular and effective ways to save money fast:
To begin, assess your income and expenses. If You are not satisfied with their income level, look for a better paying job or a source of extra income. With regard to costs, for the successful accumulation of them need to learn how to strictly control. Get yourself a notebook, where every day will be to enter all your expenses, from buying new clothes to travel in public transport. After months of observations, analyze the results, calculate how much money You need to get to work, time to update clothes and shoes, eat well, etc. Determine what spent over the last month, money was unnecessary, and try to refrain from it.
Learn how to save all, where possible. So life is becoming routine, allow yourself to spend a small amount of money on small personal whims 1-2 times a week. But otherwise we must learn to save, otherwise money and does not accumulate. For example, instead of having to spend money on going to the movies, you can choose a different movie and watch it at home, and one recently was the premiere in theaters, coming soon on the Internet in good quality. Why spend money on something You can get for free? Learn to eat at home, less go to cafes and restaurants. When buying big things take the time to get a few shops and find the best deal. In the store take a list with the items that you want to buy, and buy strictly on it. And to not be tempted to spend more, take it with you to the store only the amount that will be spent on the right product. To prevent impulsive, unnecessary purchases, try not to expose yourself to “shop torture.” No need to run to the store in the form of discounts, discount – often just a publicity stunt and nothing more. Do not go to a bookstore, a Shoe and clothing store, if You don’t need the goods of that kind, etc. In General, You understand the principles of saving. Try it!
To save money at home is unsafe, and it’s a big temptation for You, and for thieves. Better get an account in a reliable Bank or savings account and save up money there. It would be safer. If You have the habit to use the bills for all the services, then You probably have accumulated a large amount of change in your wallet. Every night her bail it out of the wallet and send to the Treasury. When the piggy Bank is full, count all the money, exchange them for Bank notes and put it in a savings account.
You can change your attitude towards money. Most people are trimming their expenses and before the next salary that is not spent, lay. You can do otherwise — when you receive a salary every month first delay at the expense of clearly fixed amount, and the balance learn to live. And the money will accumulate, and You will learn how to discipline your spending. If money left unspent wages, and tomorrow will have a new, better put this money in the savings account.
If you follow all these rules, You’ll soon begin to notice that learned how to handle money differently, and getting bigger. In order not to lose motivation, be sure to watch increases the level of Your income. Also it is recommended not to tell anyone about what You save up money. Others may want to use Your money, ask them in duty, to invite to sit in the restaurant at Your expense, etc. you need It? Better keep it a secret.
These are the basic rules for the accumulation of money: increasing revenues, reducing costs and sound financial control. But what if you need money for some very large purchase, such as buying a car or apartment? Let’s talk about how to save money for an apartment.
Save on accommodations
Many people with an average salary seems to be just an incredible opportunity to save up for an apartment, as housing prices seem to be just fabulous. Actually, if you can make the right calculations and analyze your income that can go to housing, then everything will be much easier. You can take the loan and pay off gradually according to their capabilities. If you have the opportunity to take a more favorable loan and not a mortgage, take advantage of this offer. Here again it is important to clearly calculate their money. When determining the amount You will be able to pay the rent every month, focus on your average income. Do not take the maximum amount possible, because You don’t know beforehand that it will be able to pay.
There is another interesting, though a bit risky option for housing: You take an apartment on credit and at the same time settle people in temporary tenants ready to rent. They on a monthly basis will give You money for your accommodation, and that You will repay the loan. Another more risky option than the apartment to make another loan on a home in which to live is You yourself. So, in fact, tenants will pay the loan and You will pay for the second. At the end of the period You will have already owned two apartments! Tempting, but risky. If you can count yourself, the lodgers — people and others can fail. Therefore, before deciding on such a step, it’s good to have some kind of the amount set aside in case of force majeure for payment of the loan — the search for new tenants, debts tenants in front of You, etc.
How to save money teenager
A teenager can save up money from the sources of their income. This usually pocket money from parents and relatives. When you receive from parents amount of money on dinners, spend money on real food at school, don’t buy any sweets, beautiful notebooks, trinkets and stuff just because I wanted to. The remainder of this money it is better to defer to his piggy Bank.
In the summer, in my spare time, you can easy to find a part time job or to be a postman, promoter, etc. Received a salary, of course, also should defer to the accumulation. Now you know how to save money student without harm to themselves or parental money.