You want to Save Money for a house, car or some goals you want to reach? It’s not impossible but if you have high goals, you need to know how to save money. There are many people who have nice paychecks but they still spend them recklessly. With these few tips, you will learn how to save more money and achieve your goals much sooner.
Paying for unnecessary services
Do you think you can’t live without Netflix, Youtube without commercials or something similar? That’s not something you won’t survive without. Face it, you don’t need it.
Tickets for Lottery or Sport Betting
How big are the chances you’ll win? No, seriously, keep track of how the money you spend on this and how much you get from it. In most cases, this will only result in loss.
Overspending on vacation
It’s so easy to lose track of spending while being on vacation, isn’t it? You have to go everywhere. Let’s not forget that you need to bring gifts for family and friends, right? Find places where you can have lunch at a reasonable price. Save money and you might have something left for one extra vacation or weekend getaway.
You don’t miss sales?
Don’t get tricked. Sometimes, the product on sales has the same price as they had before. Stores might raise prices before lowering them down.
Spending money on Gym
Yes, this seems like speaking nonsense but really, think about it. You can run, jump around, exercise at home just as you do in the gym. Unless you train professionally, working out at home will be acceptable.
Buying too much stuff
Can’t control yourself in the grocery store? You have to. You don’t need so many packs of ice cream and definitely not all that chocolate. Ok, maybe chocolate. However, think about every item you purchase. You probably won’t need a cookie-cutter in the shape of an elephant more than once in your lifetime.
Buying small items that are just next to the register
This is the oldest trick in the book that stores use. They get people to buy more, especially if they have young kids – who will immediately notice candy and toys.
Forget about plastic cups, spoons and plates
Using disposable items will make you throw away your money every time you drink, eat or prepare food. There is no place for them in your kitchen. Have guests? Don’t be lazy and wash those mugs.
Buying the newest versions of phones/tablets etc.
If you have a phone that still works, why would you splurge massive amounts of money on a new one? Yes, you can sell your old one. However, you’ll still be at a loss, just to be in a trend and keep up with the technology. Slow down, nothing is going to run away from you. You don’t really need every single feature that was just invented.