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 Kill One, Kidnap Woman in Kogi Border Community

By Noah Ocheni, LokojaOne person was killed and a...

Plateau Commission Rescues Five Children, Arrests Three Over Alleged Trafficking to Cross River

The Plateau State Gender and Equal Opportunities Commission says...

Frederick Leonard Takes Stanley Ontop to Court Over Alleged Defamation

Nollywood actor Frederick Leonard has filed a formal petition...

Court Rejects Defence Adjournment in Emefiele Naira Redesign Trial

The Federal High Court sitting in Maitama, Abuja, has...

Kogi Poly Gets New Rector as Prof. Ogbo Hands Over to Prof. Avidime

Professor Salihu Sanusi Avidime has formally assumed office as...

Olakunle Churchill Celebrates Wife Rosy Meurer on Her Birthday

Nigerian businessman and philanthropist Olakunle Churchill is celebrating his...

Arsenal Lead as 14 Teams Reach FA Cup Fifth Round

Arsenal stormed into the FA Cup fifth round for...

NO ONE IS ABOVE GOD, NOT EVEN THE POPE – AONDOAKAA

Former Attorney General of the Federation and Minister of...

TY Danjuma Praises Trump for Spotlight on Middle Belt Insecurity at Plateau Varsity Event

Former Defence Minister, Lt.-Gen. Theophilus Yakubu Danjuma (retd.), has...

Diri Marks Sixth Anniversary in Office with Thanksgiving Service in Bayelsa

Bayelsa State Governor Douye Diri on Saturday marked six...

Asaba 2026: Tinubu, Oborevwori Rally Support as Police Games Open

By Anne AzukaPresident and Delta State Governor have reaffirmed...

Related Articles

Popular Categories

spot_imgspot_img