How to Build Successful Brand Campaigns
Congratulations! At last, you’ve completely nailed your brand identity. You and everyone on your team has a strong sense of who you are as a company. You’ve clearly established what you stand for…
Unconventional money saving hacks that actually work.
How To Save Money Each Month In Your Everyday Life.
True financial independence means that you can sustain your chosen lifestyle entirely from your investments’ interest and dividends.
The first step towards saving money is generally getting an understanding where your money is currently being spent.
For me it was food, I would order lunch and dinner four times a week and I was just not aware as to how much money I spent on each delivery.
Once I checked my payments on my bank statements it was an eye opener.
It can be difficult to make changes and improve without the knowledge of the present situation with your personal finance.
So this is the first and very important step to start your savings journey.
This is how you build an emergency fund, and an emergency fund is how you handle difficult life problems without panic and without going into debt.
Once you know how much you can afford to save, contact your bank and set up a standing order for the funds to go directly into your savings account.
Set it up to transfer $30 or $50 or $100 into your savings account each payday or each time you have a deposit over a certain amount. Then, just forget about the savings account until a crisis hits.
This will take away temptation to just keep it in your current account. When that crisis hits, that’s the time to tap that savings account.
It’ll be there for you when you need to pay for an unexpected car repair or you suddenly lose your job.
Saving something is better than nothing.
One big way to save money is to drastically cut down on the amount of television you watch.
Some of us have subscriptions for Netflix, Amazon Prime, Hulu and many other online streaming services.
Now what this does is little by little you are paying small amounts of subscriptions in turn summing up to a higher amount as payment, month on month.
Rather just have one subscription, which allows you to pay less and less screen time means you can spend time on side hustles and less distraction.
There is added benefits to this :
Avoiding instant gratification is one of the most important rule of personal finance and waiting 15 days to decide on a purchase is an excellent way to implement that rule.
Quite often, after those 15 days have passed, you’ll find that the urge to buy has passed as well, and you’ll have saved yourself some money simply by waiting.
If you’re on the fence about a purchase anyway, waiting a while can give you a better perspective on whether it’s truly worth the money.
Energy-efficient light bulbs might cost a bit more initially, but they have a much longer life than normal incandescent bulbs and use far less electricity.
They light up instantly, are efficient, they produce a warm glow without getting hot to the touch, and can last for decades.
I have installed table lamps with LED lights, they look fancy, they consume less energy (in turn lower electricity bill) and they last for years without breaking.
It’s easy to spend online when you have your card information stored in an account , It’s like click and buy.
The best way to break this habit is to simply delete your card from the account.
That way, when you’re tempted to spend, you’ll be forced to spend the time to dig out your card and really think about why you’re spending this money.
Sometimes being forced to take that extra step is all it takes to convince yourself you don’t need the item after all. Trust me it works.
YouTube might be a fun place for people but it can also be packed with temptation.
That’s why you should try and avoid the makeup videos or unboxing, sponsored videos unless you actually need to purchase something.
Trust me, it is like window shopping and when you’re on a budget watching this can be torture.
Unburden yourself and find something else to do when you need some entertainment. A walk outdoors, a fun puzzle, or a good movie can easily replace your regular shopping adventures.
This is a big game changer. I understand saving doesn’t mean you kill yourselves, not go out and just sulk at home.
You need to rejuvenate, find a stress buster. This is where company benefits come into place.
Does your company offer any benefits that you’re not yet aware of, which could save you money?
Some companies offer schemes, such as discounts on dinners, gym membership health insurance.
My office had a gym and yoga sessions which helped me save up on gym membership and also keep my health in check.
So, speak to your HR and see what are the benefits provided and grab them.
Out of the above life hacks choose the ones that make sense to you, then put them to work in your life.
You can toss some out if they don’t match up with your life. Just choose the tactics that work for you and make the most of them!
The points mentioned above are not superficial, they are doable. I have done it, I have saved up a lot.
If you have the will you also can do it. Just stay strong and keep a mindset of saving your hard earned money. It is a necessary in these hard times.
Remember: Saving something is better than nothing.
Good luck!
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