We’ve all planned to save money for a long time but unfortunately, it seems that it’s even barely possible to make ends meet. As soon as the mall hangs their SALE sign, you immediately rush out and checks out the bargains and next thing you know, you’re carrying those shopping bags in your hand and a regret of spending. You can change the way money passes through your itching hands and stop it from spending another dime.
Stash the Cash
Think the first one will be the ATM/Debit card where you can use for everyday needs (not wants) and the second is the untouchable account where you will deposit a set of amount each month and DO NOT withdraw under any circumstances. You can use half of your allowance, or any extra cash to stash in to the second account.
Dip your toes in the stock market
A lot of people are investing into stock markets these days as part of saving up for their future. There are companies that holds seminars to teach people of any age how to do technical analysis of financial markets with the goal of trading stocks and making money.
Swipe no swiping!
Before you get another swipe from that little card of yours, think a hundred times first if you need it. Don’t give in to installment plans because that is where you lose your credits. Having one card can teach you discipline and help you build a good credit history that can come in handy in future business ventures. And if you have a good credit rating, chances are, you will be getting more perks in being a disciplined buyer.
Make a list
When shopping, it’s important to have a list of items that you need to buy to avoid your eyes in venturing out of places and unplanned purchases.
List down all the things that comes to your mind and narrow it down to the things that you really NEED. But of course, you can grant yourself one small purchase and one big purchase every month-and nothing more.