Simple ways to help you keep your money

Surely we all know that saving money is one of the extremely important and necessary things to do to have a stable and secure life in the future. However, even if we want to, not everyone knows how to save effectively, how to save in a planned, regular and long-term way to bring the best results. Meanwhile, just a few small tips can help you save money successfully. With that meaning, giadinh9.com will advise you 6 simple tips to help you save money best as follows.

Save money by keeping spare change

Do not underestimate coins, even though they have small value, but when you collect a lot, you will be surprised at what you have, while saving coins to save money does not have any effect on your life or daily income and expenses. Buy yourself or your family a big piggy bank at the beginning of the year and put all the coins you have in it. Occasionally, rummage through all drawers, pockets, bags, backpacks, etc. to find coins and enrich your own savings account. At the end of the year, when you "break the piggy bank", you will be surprised at the amount of money you have saved with just coins.

Sign up for automatic salary deduction service into savings account

And every month the bank will automatically deduct a corresponding amount of money from your savings account, save at least 10-20% of your monthly income, let the bank proactively do this for you, avoid the case you forget or for some reason suddenly need to spend a lot of money, or maybe because you are lazy to go to the bank and spend all your monthly salary without knowing. The remaining amount you will balance for the expenses of the month. This is the best, most effective, least laborious way to save money that you can do regardless of your income. Doing this saving regularly for a long time will help you create a very safe financial security in the future.

Determined to save 50% of other income besides salary

Surely, in addition to your salary, which is a fixed source of income every month, you will have some other income such as money from selling goods, overtime money, lucky money or bonuses, etc. At that moment, you will think about spending freely, rewarding yourself with a sumptuous party or a shopping spree, right? You should not do that, because that extremely comfortable reward will "eat up" a large amount of your money, not to mention the case where you spend "extravagantly" and end up in a deficit. The best way to save money right now is to save at least 50% of the income you earn, the rest you can still reward yourself, enriching your savings account is also a great joy.

Use a multi-compartment wallet to save money

A wallet is not simply an item for you to keep your personal documents and money, it also helps you save money anytime, anywhere in the best way. Use a wallet with many compartments and use a secret compartment to save money (preferably a zippered compartment). Every time you prepare to spend or buy anything, put in the secret compartment an amount of money from 10,000 VND to 20,000 VND or even more when you buy cheap items thanks to your excellent bargaining ability. And every weekend, you put this amount of money into another savings account. Do this regularly until the end of the year and you will definitely be surprised by the amount of money you save from the secret compartment of your wallet somewhere.

Set a weekly budget to save money

Setting a weekly budget will help you avoid overspending and create a deficit, and you can immediately re-balance your budget the following week if you happen to have too many expenses this week. This is the best way to save money so that it does not affect your monthly savings and helps you avoid debt due to overspending. Think carefully about what you need to spend: What are the absolute necessities that you need each week? Try to calculate your weekly expenses in detail to avoid overspending. It may be difficult at first, but with effort and discipline, you will learn how to spend money more wisely and save money better.

Give up bad habits to save money

Bad habits such as smoking, drinking alcohol, beer, or the pleasure of going to bars, or liking to shop for branded goods will certainly cost you a lot of money regularly, not to mention smoking and drinking alcohol also affect your health. Try to give up to be able to use money more reasonably, save money more effectively and protect your health better.

Many people often fail to save money because they set their goals too high, leading to savings accounts greatly affecting their daily expenses, so they cannot do it, leading to discouragement and not wanting to save anymore. The 6 simple tips to help you save money best above will help you solve this problem. Simple saving methods do not greatly affect the quality of life but are extremely effective and the important thing is that you can save money long-term, anytime, anywhere, gradually forming a habit of saving money and gradually improving this habit. This is the best way to save money that anyone can do. Wish you success in applying it.

According to Vietnamese Family