Saving money is hard. Let alone saving enough money for investing and such. Here are some great tips to make saving easy!
Reminders!
Sometimes just putting the money away doesn't seem worth it over time. You just see a number in your bank account, and it doesn't seem to have any real value. Reminding yourself what you are saving for, Whether it's a vacation or retirement will help you keep going. Some of those "less fun" goals like retirement it's important to reward yourself so you can keep going. So if you want a cute new pair of shoes, Maybe come up with a plan to save 10,000 first in retirement (Base it off your income). Then buy those shoes when you hit your goal.
Have Your Savings In A Second Bank Account
I don't mean have a savings and a checking. I mean have a bank account with a whole new company! Like if your main checking account is with Discover, Have your savings with Capital one. Or whatever you decide. This will allow you to easily save without seeing the money; This will help dramatically with temptation.
You can also set up automatic transfers that move the money into your other account, so you don't' even see it leave. I've been doing this for years, and it makes A HUGE difference. You should avoid using willpower whenever possible. Because willpower can fall apart at some point.
Don't Shop With Friends
Sometimes that peer pressure can encourage you to spend more, or go for some of the more expensive options. If you have other friends, who enjoy shopping avoid shopping with them! Try to shop under pressure or in a hurry; You will avoid certain items that are more expensive. And go for what you have to have.
Keep Your Stuff Organized!
What does this have to do with saving money?
Have you ever "Thought" you had something and you looked everywhere, Unable to find it. You eventually give up and buy another? This adds up fast. And sometimes things expire or go bad, and you can't use the product. When things are organized and clean, It's easier to find and use them. You also will know what products you don't really like, That maybe you should avoid buying again.
Conclusion
Everyone wants to save more money! But it's something easier said than done. We can make a big difference with simple tips such as these. When we are whilling to at least slightly downgrade our lifestyle we can make a big difference in our ability to save.
@lauralemons Drew me!
