IF YOU ARE LOOKING FOR A SIGN ON SAVING MONEY THEN THIS IS IT!
Wondering how you could never end up having savings by the end of the year? Is your savings accessible like you are just putting it in your banks or wallets then you can get the money anytime? If so, you could never have savings if you keep on doing it.
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There is this habit of ours that if we save money we always put it in the place where it can be accessed easily. We also tried putting it in the piggy bank but it will never go full by the end of the year. The main question here is 'How?', well, discipline yourself not to touch your savings money. Let us start with a guide, shall we.
GUIDE FOR SAVINGS MONEY
Personally, I always put my savings money in my wallet. The more I see it, the more I am eager to save money and achieve the expected minimum amount by the end of the year. Luckily, I was able to track my savings money using my phone. If you plan on keeping the savings money in your care then always keep track of the amount everytime it rises up ever single day. You can record it in a notebook and in your phone. I think it is already self-explanatory.
If you plan on travelling and use your savings money then DON'T. If ever you plan on travelling, use a separate savings for travelling. You can put it in your wallet or piggy bank and still keep on tracking the amount by recording it until you reach the desired amount. Then, that is the time you use it.
If you want to invest on something either a house and lot, a car, or maybe starting a business, then use another separate savings money for that. Separate your personal savings money from other savings money. Get it? Well, you know what I mean don't you? The thing here is that you keep on tracking the amount - as long as you can. But if you want to surprise yourself then go ahead. Personally, I track and record my savings so that I will be more encouraged to save and finish that challenge.
For example, if you get $70 a day and you want to save $5 then save the exact same amount the next day. But if it increases to $75 the next day, where you have an extra $5 then save that to make it $10. Thus, you will now have a total of $15 within two days. If you keep on doing it for the next four days and kept on getting extra $5 then lucky for you.
You can save more than the expected amount by the end of the year. See, if you keep on saving for like $5 a day for six days you get $30 a week. Then you multiply it by three or four weeks you get either $90 - $120 a month. Then multiply it for twelve months the you get about an expected minimum of either $1,080 - $1,440 after twelve months. If you are planning on bigger amount then go ahead, no one is stopping you. The bigger amount, the better.
START SAVING NOW!
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