How to spend less money and learn to save?

2024 Author: Malcolm Clapton | [email protected]. Last modified: 2023-12-17 03:44

Here are some practical tips.

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Life hacker! How to spend less money? I want to learn to postpone, but I can't.

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Hello! Lifehacker has detailed material in which we figured out two questions: how to spend less and how to save more. Here are some tips in abbreviated form.

How to spend less

1. Keep track of expenses and income. Choose a convenient day and time, for example Saturday evening, and write down expenses and money receipts in a notebook or a special mobile application.
2. Plan your budget. Calculate how much you need to spend each month, define a daily or weekly spending limit for each of the spending categories, and stick to it strictly.
3. Learn to refuse. Every time you hold yourself back from an impulse purchase, send the cost to a savings account.

How to save more

1. Set clear goals. Formulate your request as specifically as possible, for example: "I want to buy a car of a certain brand in a year and a half." And calculate how much you need to save for this. And also automate this process - set up a transfer in the amount of 10% of each salary to a savings account.
2. Start a jar for change. A penny to a penny, and in a month you can collect several thousand rubles, which will definitely not be superfluous.
3. Find new sources of income. Now it is easy to do this: there are Internet services that unite customers and performers for any type of work. In addition, part-time work can be not only tedious and boring, but also enjoyable: walking the dog, taking documents, finding information on the Internet, and so on.

And more tips to help you better control your income and expenses can be found in the article at the link above.