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

Remaining abducted Kaduna worshippers regain freedom

The remaining worshippers abducted during a recent attack on...

NECO releases 2025 SSCE External results as 71.6% secure five credits including English, Maths

The National Examinations Council (NECO) has released the 2025...

FG begins accreditation for appointment of new permanent secretaries

The Federal Government has commenced the accreditation process for...

NDLEA Seizes 7,746 Tonnes of Illicit Drugs, Arrests 339 Suspects in Kogi

By Noah Ocheni, LokojaThe National Drug Law Enforcement Agency...

House of Reps Launches Major Probe into 20-Year Port & Airport Concessions

By Oladosu Adebola Oluwaseun...To quiz NUPRC, operators of...

Senator Monguno Launches ₦250 Million Mega Empowerment Programme for 2,500 Constituents

The Senator representing Borno North Senatorial District, Chief...

Royal Father Calls for Unity in Nigerian Basketball as Stakeholders Seek Lasting Peace

Prominent basketball promoter and initiator of the Mark D...

Insecurity: Kogi Govt Orders Temporary Closure of Markets, Motor Parks

From Noah Ocheni, LokojaThe Kogi State Government has ordered...

Ododo Says Prof. Salisu Ogbo’s Achievements Earned Him VC Appointment

Kogi State Governor, Alhaji Ahmed Usman Ododo, has said...

Insecurity: Kogi Government Orders Temporary Closure of Markets, Motor Parks in Kogi West

The Kogi State Government has ordered the temporary closure...

China, Nigeria Celebrate 2026 Chinese New Year, 55 Years of Diplomatic Ties

The Chinese Embassy in Nigeria on Saturday hosted a...

Related Articles

Popular Categories

spot_imgspot_img