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Showing posts from January, 2021

What is the 30 Day Savings Rule?

  Starting to save money can be a difficult task for many of us. Thus, to help you get started here is the 30-day savings rule to begin your impulse saving journey.  Challenge yourself  The first step is where you challenge yourself for the next 30 days. We all have different kinds of spending and saving habits, needs, and wants. So, there is no universal saving method that can fit all. However, you can begin with small challenges, maybe weekly or daily ones. Challenge yourself for not spending money on Sundays or any other day that you think you spend the most on. Also checkout the tips to stop impulse buying . Save spare money  It will make you feel like your childhood days when you used to add the spare money from your parents' shopping to your piggy bank. Think of it like that. Keep aside the spare money every day and add it to your savings and see it pile up in a month.  Save a certain amount in 30 days  Set a target on the day you receive your salary. Say, for example, to sav

Method And System For Impulse Savings

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We all are aware of saving money for the future or emergencies. However, how many of us know about impulse saving ? It is the counter-solution of impulse buying that makes you spend without any consideration. Thus, the idea of saving money through this method is being discussed these days. Let us see the method and systems for impulse savings .  Plan Monthly Budget To begin, a monthly plan will always help you keep a record of your earnings and savings. Be it grocery, clothes, EMIs, or any other expense, your monthly budget can help you stick to the better plans. Suggested- Five Simple Tips To Help You Avoid Impulse Buying Save First, Spend Later Think of it as the thumb rule. Whenever you receive your salary, make sure that you add a fair share of that amount into your savings account. It will help you save smartly and without any distractions. Add Extra Money To Savings If you are left with some money at the end of the month, you can add it to your savings. While you are habitual to