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

As Consultations Intensify, Maikaya Unveils Youth Employment Revolution for Nasarawa

Renowned development advocate and founder of the Maikaya Development...

Bayelsa Deputy Governor Urges NESREA to Intensify Action on Environmental Pollution

By Amgbare Ekaunkumo, YenagoaBayelsa State Deputy Governor, Senator Lawrence...

FCT Students Shine at China–Nigeria Cultural Festival

By Joyce Remi-BabayejuStudents from the Federal Capital Territory,...

NNPP Chairman Says 2026 Budget Will Drive Kano’s Transformation

By Jabiru HassanKano State Chairman of the New Nigeria...

Gen. Ali-Keffi Alleges Retirement and Detention After Capturing Boko Haram Leader in Letter to Tinubu

By Achadu Gabriel, KadunaMajor General Danjuma Ali-Keffi (rtd) has...

Antimicrobial Resistance Drains Nigeria, Claims 60 m Lives Yearly — WHO

By Joyce Remi-BabayejuThe World Health Organization (WHO)...

A”Ibom unveils bold initiative to end open defeacation

In an effort to strengthen sanitation systems and protect public health, Akwa Ibom Government has announced plans to roll out the “Keep Akwa Ibom Clean” project—a comprehensive, statewide sanitation campaign targeted at ending open defecation by 2030.

UNICEF Condemns Deadly Attack on Kebbi School, Calls for Immediate Release of School Girls

Joyce Remi-BabayejuThe United Nations Children Fund, UNICEF,...

Mahmoud Urges Asian Investors to Leverage Abuja’s Infrastructure for Business

By Joyce Remi-BabayejuFCT Minister of State, Dr. Mariya...

National Youth Alliance Vows to Continue as Movement Until Youth Lead Nigeria

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

Salem University Lokoja to Graduate 168 Students at 7th Convocation Ceremony

By Noah Ocheni, LokojaSalem University, Lokoja, is set to...

Related Articles

Popular Categories

spot_imgspot_img