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

PANDEF Reconciliation Committee Urges Calm, Forgiveness in Rivers State Crisis

By Wilfred FrancisAbuja, Nigeria - The PANDEF Reconciliation Committee,...

Troubled Manchester United Crash Out of FA Cup Against Brighton

Manchester United’s miserable season took another blow as they...

FGN, IFAD-VCDP Empowers Kogi Youths with Fabrication Skills

From Noah Ocheni, LokojaThe Federal Government of Nigeria (FGN),...

Tobacco Prevention Campaign Begins as Azithromycin Distribution Commences in Kaduna

By Achadu Gabriel, KadunaA house-to-house Tobacco Prevention Campaign (TPC)...

Tinubu Returns to Abuja After Abu Dhabi Summit, Paris Break

President Bola Tinubu has returned to Abuja after attending...

EPL: Chelsea Beat Brentford 2-0

Chelsea recorded a hard-earned 2-0 home victory over Brentford...

AFCON 2025: Nigeria beat Egypt 4-2 on penalties to win third-place

Nigeria’s Super Eagles secured third place at the 2025...

NDU Inducts First Building Graduates into Nigerian Institute of Building

The Niger Delta University (NDU) has recorded a major...

South-South Set for Blue Tourism Revival as ATPN Unveils Regional Development Plan

The Association of Tourism Practitioners of Nigeria (ATPN) has...

APC E-Registration: Senator Nwoko Urges Members to Embrace Digital Revalidation for Party Renewal

By Anne AzukaSenator Ned Nwoko, representing Delta North Senatorial...

Related Articles

Popular Categories

spot_imgspot_img