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

Next Chelsea Manager: Blues Settle on Top Target as Two Names Ruled Out

Chelsea have reportedly stepped up efforts to appoint a...

Fubara’s Ungrateful Attitude towards Wike an Aberration to Ijaw People—Alabraba

By Joyce Remi-BabayejuThe Chairman of the Rivers Elders Council,...

Court Jails Man Two Years for N48.9m Theft

By Francis Wilfred Justice Rahman Oshodi of the Special Offences...

Prince Miaphen Praises Senator Lalong’s Political Maturity and Statesmanship

By Israel Adamu, JosComrade Prince Miaphen, a former Acting...

AIG Adenola Hosts JTF Commander Oladipo, Pledges Stronger Niger Delta Security Collaboration

Assistant Inspector General of Police (AIG) Johnson Adenola, who...

CSOs Urge Tinubu to Ignore APC Scribe, Hail Wike’s Performance Ahead of 2027

A coalition of civil society organisations has urged President...

Dogara Hails Tambuwal at 60, Calls Him a Statesman

Former Speaker of the House of Representatives and Chairman,...

CSO Urges NAHCON, States to Adopt Exam-Based Appointment of Hajj Officials

By Jabiru HassanA faith-based civil society organisation, the Independent...

Punch Correspondent Matthew Ochei Dies at 43, Tension Grips Delta Media Community

By Anne AzukaThe Delta State media community has been...

Oborevwori Condoles Family, NUJ Over Death of Punch Correspondent Matthew Ochei

By Anne AzukaDelta State Governor, Rt. Hon. Sheriff Oborevwori,...

Related Articles

Popular Categories

spot_imgspot_img