How to learn to save money?
Building a financial future, whether it's retirement savings, the future needs of your family, or just personal goals and financial viability - everything starts with saving.
Saving - this is not only a reduction in spending on purchases, but also saving money for a rainy day or large goals. Saving is also the first step towards wealth and measured life.
What needs to be done to learn to save? All of this we will discuss below.
1. Calculate what the money goes.Most people do not ask questions about how much money they spend on electricity or are left at the grocery store every day. However, you need to know this. Then you will see that the costs are not as big as they seem at first glance, and you could have a lot more money if you did not spend it on expensive entertainment, going to restaurants, gifts to friends, etc. too often.
2. Do not take goods or services on credit. Before you take out a loan for half a million rubles, think about whether you really need a new foreign car, or can an old car last more than a dozen years? Anyway, the loan will force you to work for yourself, and one day everything may collapse. Of course, you need to take a loan only if you plan to invest money in your own business.
3. Make thoughtful purchases. According to research, most people buy things that they absolutely do not need. It can be little things, and very expensive things. Marketing is a very tricky science, the victim of which we become daily. And the price of advertising, as is known, is included in the price of the product. Consider buying more than one day. (See Advertising Tricks)
See also:
How to become financially independent
Where to invest money so that they work
4. Save money. There is a method called "four envelope method"when the salary in equal parts is distributed in four envelopes. The idea is not to spend more than the envelope in a week. So, most likely, you will be able to save some money at the end of the month.
Part of the deferred money is best to put in the bank at interest. Then you will have no desire to immediately remove them and spend on something unnecessary. Moreover, they will bring you a small profit.
5. To save money, make a shopping list..Before you go to the store, make a shopping list. This will help not only not to forget to buy something, but also to avoid unnecessary waste. For the same reason, you need to go to the grocery store on a full stomach. Try to limit yourself to exotic fruits, expensive meats, sweets and other expensive pleasures.
6. Bargain. Many people never bargain. And in vain! It turns out that if you always bargain, you can save a small state in your whole life. You can bargain everywhere, even in large expensive stores. You can save a lot when buying a home, furniture, car, camera, etc. Just try it! And do not forget to say that a competing company has made you a good offer.
7. Compare prices in different stores.. Do not run to buy goods in the first store. Perhaps across the road it costs two times cheaper! And if you search in online catalogs, you will find stores offering the same product three times cheaper.
By the way, ordering things from the Internet is much more profitable, since the Internet platform does not spend a lot of money on renting premises and salaries to employees. You can also search for the same product in foreign stores, for example, in Chinese, or try to order it at auction.
In no case should not confuse the economy with the stinginess, especially with regard to things purchased for many years to come. If you manage your money wisely, over time you will increase it and the need to save money will disappear.
