x

4 Tips to trick yourself into saving money

Spending comes easier than saving. Actually, saving could prove to be hard but its results are sweet.

So, if you really want to make savings a habit, you can try these tips to trick yourself into saving.

1. Delay your purchase

Spending problem can seriously affect your personal finance.

Whenever you feel like buying an item, especially something you don’t really need, you might need to wait for sometime, then sleep on it.

With this, you’ll be able to determine if that item is a need or a want. If it’s a want, the desire for it might fade after delaying it.

2. Try a savings challenge

Savings should be a habit and he does not have to feel like a work. You’ll actually find it interesting if you make it look like a game or a challenge. Challenge your friend or spouse on a saving competition and see who saves better. Try this and get yourself saving money effortlessly.

3. Save the change

There is always that petty cash on your table, in your wallet and pockets that you are always tempted to spend because it is a change.

Yes, it is a change but you can keep it. You can always that small change and before you know it, it’ll become one huge amount.

4. Reward Yourself

How to manage your money effectively

If you are able to save for one month uninterrupted, you honestly deserve some accolades.

So, what you should do to keep your motivation is to reward yourself. You can take a little amount from the saving to give yourself a good treat or buy yourself a gift. But hey, please, don’t splash out on gifts that would break the bank.

Hot this week

NAFDAC Seals Up Abuja Factories Over Unlicensed Chemicals, Water Production

By Joyce Remi-Babayeju The National Agency for Food and Drug...

FCTA Pulls Down 30 Illegal Structures at River Park Estate

By Joyce Remi-Babayeju The Federal Capital Territory Administration, FCTA, has...

NCPC, Israel Foreign Affairs Spark Talks On Strengthening Bilateral Relations

By Joyce Remi-Babayeju The Executive Secretary of the Nigerian Christian...

FCTA Vows Increased Commitment To Advance Child Healthcare

By Joyce Remi-Babayeju The Minister of State for the Federal...

Gov Ododo Condemns Security Breaches, Attacks on Security Personnel in Kogi

By Noah Ocheni, Lokoja The Kogi State Government has condemned...

Alhaji Saleh Zazzaga Celebrates Gov. Mutfwang’s Ally Yari Kumchi on Birthday

By Israel Adamu, Jos Chairman of the North Central APC...

Ministry of Interior Honours Retirees for Outstanding Service

The Permanent Secretary, Ministry of Interior, Dr. Magdalene Ajani,...

Kano Gov Moves to Empower 44 LGAs with Full Autonomy

By Jabiru Hassan Kano State Governor, Alhaji Abba Kabir Yusuf,...

FG Assures AFGSAN of Support to Boost Food Security

By Francis Wilfred The Federal Government has assured the Amana...

NASENI-PICTT Launches DELTA-2 Second Call for Proposals

…As FG Insists on Commercialization of R&D Results to...

FCTA Vows Increased Commitment To Advance Child Healthcare

By Joyce Remi-Babayeju The Minister of State for the Federal...

Related Articles

Popular Categories

spot_imgspot_img