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

Peter Obi Reacts to Edo Incident, Says Experiences of Lawlessness ‘Not New’

Former presidential candidate Peter Obi has said that experiences...

Kano High Court Sentences Woman to Seven Years for N5.6m Fraud

By Francis WilfredThe Kano State High Court has...

China Dazzles the World with Its Spring Festival

Olalekan A. BabatundeAs the lunar calendar ushered in the...

Many Injured as Violence Erupts at APC Ward Congress in Oluyole

The All Progressives Congress ward congress in Oluyole local...

Nigeria’s First Lady, Oluremi Tinubu, A Blessing To Nigerians – Oborevwori

By Anne Azuka Delta State Governor, Rt. Hon. Sheriff Oborevwori...

Gov Mutfwang Visits Attacked Communities in Barkin Ladi LGA of Plateau

By Israel Adamu, JosGovernor of , Barr. , has...

Kogi Receives NEPZA License for Ajaokuta Economic City Free Trade Zone

From Noah Ocheni, LokojaThe (NEPZA) has officially issued the...

Olukoyede Warns Real Estate Managers against Money Laundering

By Francis WilfredThe Executive Chairman of the (EFCC), ,...

IHR Congratulates NAHCON Chairman, Calls for Rebranding and Operational Reforms

By Jabiru Hassan(IHR), a registered faith-based civil society organisation...

Assembly Lauds ECEWS, Aviclaire Climate-Smart Agriculture Initiative in A’Ibom

By Ogenyi Ogenyi, UyoThe has commended a climate-smart agriculture...

Assembly Lauds ECEWS, Aviclaire Climate-Smart Agriculture Initiative in A’Ibom

By Ogenyi Ogenyi, UyoThe has commended a climate-smart agriculture...

Related Articles

Popular Categories

spot_imgspot_img