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

NAHCON Urged to Halt Unjustified Extra Charges on Pilgrims Across States

Independent Hajj ReportersThe National Hajj Commission of Nigeria...

‘Together Always’: Lookman Shares Photo With Osimhen After Mozambique Win

Super Eagles forward Ademola Lookman has shared photos of...

Plateau Governor Caleb Mutfwang Joins APC, Receives Membership Card

By Israel Adamu, JosPlateau State Governor, Caleb Mutfwang, on...

No going back on withdrawal of officers from VIP escort- A’ibom CP

By Ogenyi Ogenyi, UyoThe Commissioner of Police in Akwa...

Court Jails Three for Naira Mutilation in Sokoto

 By Francis Wilfred Justice Ahmad Mahmud of the Federal High...

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,...

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

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

Bayelsa APC Endorses Tinubu for 2027 Re-election as Stakeholders Pledge Party Unity

Stakeholders of the All Progressives Congress (APC) in Bayelsa...

NYA Appoints Chairpersons for FCT, North Central States to Boost Youth Engagement

By Jabiru HassanThe National Youth Alliance (NYA) has approved...

Middle Belt Identity Rooted in History, Not Political Fabrication – MBF President

By Achadu Gabriel, KadunaThe President of the Middle Belt...

Lakurawa Armed Group and the Growing Insecurity along the Nigeria–Niger Border

By Irene JacksThe Nigeria–Niger border has increasingly become a...

Related Articles

Popular Categories

spot_imgspot_img