Situations happen in life: a refrigerator or a car breaks down, you urgently need money for treatment or a trip.
Loans or microloans come to the rescue. But this is living on credit, not a way out of the situation.
Refusal of bank loans and credits for momentary desires will significantly affect the budget.
You shouldn't borrow from friends and relatives. It has long been said "you borrow someone else's money for a while, but you give yours back forever."
It's better to deny yourself something.
Living for today or on credit is not the best financial behavior.
Without any reserve savings, you can reach a dead end.
The ability to save is a great support in emergency situations.
Learn to keep track of income and expenses, analyze records. See how much free money remains if you refuse unnecessary purchases. Make a simple list of necessary products and a limited amount of money for a trip to the store, will save the budget a decent amount.
A dream is the best motivator for savings.
Set a goal and move towards it in small steps. Save up from a "just in case" stash, moving on to longer-term goals, for example:
- Trips.
- Purchasing an apartment.
- Education of children.
- Buying a car.
In the modern world there are many suggestions on how to save money.
It is convenient to use cash, start with a banal piggy bank at home. The experience of many people shows that ten percent of monthly income can be put aside without damaging the budget.
Give up a bad habit by putting aside money from the purchase. A good plus in the money bank and in the health bank.
Walk a couple of stops, there will be some extra money left, you can put it in the piggy bank. It is not for nothing that they say "a penny saved is a ruble saved". Come up with life hacks that will help you save on something without being embarrassed about your needs.
You can also connect a "piggy bank" in your banking application, which will allow you to set aside money automatically.
The bank's "piggy bank" offers various ways to replenish: a percentage of the amount of receipts or based on actual expenses. And in the mobile application, you can track the process of receipts.
It doesn’t matter in what form you save your savings, the main thing is that it brings benefits.
The condition for savings is income higher than expenses.
It is worth saving not only money, but also knowledge on how to manage your budget wisely.
Learn to save and the results will not keep you waiting.
Savings – confidence in the future!
I previously talked about how to handle difficult conversations at work.
