If you really want to level up on you saving game, then it takes more than an intermittent effort. You need to make some changes in your lifestyle, big or small, it will entirely affect how your income come and go.
Changes may be scary and hard. But, changing your lifestyle for the better of your financial status will be so worth it! Knowing that you have savings can have a positive impact on all aspects of your life. So are you ready to change your lifestyle and save MORE money?
1. Track your cash flow
Firstly, be sure you are informed of how much you really make, take home, and eventually spend. Track even the smallest expenses. List all the bills you’re paying monthly. By then, you will be more aware of what are the unnecessary things you are spending on. You can either cut them off or maybe go for a lower plan and downgrade.
2. Eat at home / Cook your own food
It’s cheaper, healthier, better, and you can adjust it to your preference! Nothing beats a home cooked meal! As much as possible, cook your own food instead of ordering from the pizza delivery. If you aren’t good at cooking, then you’re in luck because there are a lot of tutorials you can follow over the internet! You’ll even gain more knowledge and learn to better your cooking skills. You can also bring your home-cooked lunch to work to avoid buying outside from restaurants.
3. No to buying expensive daily coffee
Rather than buying a $4 latte in an expensive coffee shop, invest on a nice coffee maker and brew your own! The amount you’ll be saving will be huge! Just like cooking, you can learn how to put some twists in your coffee by going over the internet.
4. Spend money now that will save you more money in the future
Investing in something that will hugely help you in the future will be so worth it. You won’t regret doing this. This is what most of the successful money savers do. You should also think ahead and prepare for the future and not just think of your current state. Instead of buying pricey items that will eventually be no of value, invest the money in something that will help you earn and save in the future.
5. Live simply and enjoy less
Modest living is also key to having big savings. What really makes people spend a lot are houses and cars. Learn how to enjoy the simple things in life and you’ll be better at stopping yourself from buying luxury big items that are most likely unnecessary.
Through this simple lifestyle changes, you need to stay committed and consistent in order to make this a habit.