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

Gunmen Attack Kogi Church, Abduct Pastor, Wife and Members During Sunday Service

By Noah Ocheni, LokojaGunmen on Sunday attacked the...

Youths Involvement is Essential in Peacebuilding

By Raliat AbdulkadirIn Nigeria today, the youths make up...

NYSC DG Urges Delta Corps Members to Respect Host Community Culture, Embrace Skills Training

By Anne AzukaThe Director-General of the National Youth Service...

NYA Appoints Seven New State Chairmen for North-West Zone

By Jabiru HassanThe Office of the National Vice President...

Nigeria Media Expert Calls for Protection of Journalists, Journalism Profession

By Joyce Remi-BabayejuFormer President of the Nigeria Union of...

Kogi First Lady Urges Unity Against Gender-Based and Online Violence

By Noah Ocheni, LokojaThe wife of Kogi State Governor,...

Illegal Mining Fueling Security Crisis in Northern Nigeria, NSGF Warns

By Achadu Gabriel, KadunaThe Northern States Governors’ Forum (NSGF)...

Happy Birthday, Pharmacist Ahmed Ibrahim Yakasai (Kachallan Kano) at 65

 By Kabir Saidu Danladi Funtua As the month of December...

Senator Plang Commends Nomination of Dadu’ut, Gambo as Ambassadorial Designates

By Israel Adamu, JosThe Chairman of the Senate Committee...

APC Crisis Deepens as Isaac Yargwa Defects to ADC, Citing Economic Hardship Under Tinubu

From Abel Zwanke, LafiaFormer Nasarawa State Commissioner for Youth...

Related Articles

Popular Categories

spot_imgspot_img