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People do anything that will make them happy or satisfied. And the most common thing that happens is they spend so much money on things that can make them happy. Learning how to save money has a great effect on every individual’s personal development. Most people who always spend money on their vices or other things usually have no savings. For example, you spend all your money on things that are not important. When the time comes that you need to buy an important thing, you have no choice but to borrow money from other people.
Even if you are spending money for your own interest, you can be able to save money. If you are saving money, you won’t have a big problem when the time comes that you need money for some important things. For example, you need to repair or change the ceiling of your house. You won’t have a problem on thinking where to get the money for the expenses because you have savings. Basically, saving money will make your life easy especially on some unexpected expenses.
Here are some tips on how to motivate yourself to save money with personal development:
Save a little
As I’ve mentioned in the introduction, even if you are spending money for your own interest, you can still able to save money. The most common mistake of a person is when they think that they can’t save money because they don’t have much money. The best way to increase your savings is to save a little but often. If you don’t start on saving money, you will just forget about it and you will just continue on spending. If you start saving money little by little but often, there are times that you won’t notice that your money is getting bigger. The more you see that your savings is increasing or rising, the more you get motivated to add more or save more.
Create a spreadsheet
If you are really willing to save money, you can create a spreadsheet for your savings. If you create a spreadsheet, you can estimate the money that you save and the exact money that you put in your bank every week or every month. You can also search for spreadsheet online that sums up all the savings for you. If you have a spreadsheet, you don’t need to sum all your savings in your head. You can also set the amount of money that you save every week or every month. For example, for the 1st week, you need to put $10 in your bank and it increases every week. You can immediately identify the amount of money that you save for the year if you do it. Make sure that you can afford to put the money that you set for each week.
Have a goal
This is one of the best things that you need have to be motivated on saving money. Having a goal on saving money can be a great help to keep you motivated. For example, you want to buy a new phone; you will definitely put money in your bank instead of spending it on some other things. There are also times when you already have the money that you need to buy your phone, but you will forget about the reason why you save money in the first place and you’ll just continue on putting money on your bank.
Choose inexpensive hobbies
Most people spend money on buying meals or other stuffs to treat themselves after a long day of hard work. Think of other things that can remove your stress or boost your mood without spending so much money. You can organise some fun things to do in your house with your friends or family. Sometimes people spend money when they are bored or lonely. You can watch a movie with your friends or family or buy some ingredients at the market and try cooking a meal that you never cooked before. There are lots of things you can do to entertain yourself or ending up the day without spending money.
Read finance blogs
Reading finance blogs can also motivate you to save money. You can get some tips and good financial habits on reading finance blogs. It is really interesting to know the lives of other people and see what they are doing to save money. You can also create your own finance blog and share some of your own tips and advice with other people. Creating your own finance blog will not only help you connect with other people that have the same way of thinking as you, but it will also motivate you to continue putting or saving money on your bank so that you can feel proud when you share how good you are doing with other people.
Look for support
If you really have a problem on saving money and you think you need an advice, don’t feel embarrassed to look for support from other people. All you need to do is to hear advice from a person who is an expert on financial matters. A financial expert will definitely come up with a plan that will help you on any money problem.
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