Secrets of family savings
Of course, one can’t forbid living a beautiful life, but not everyone has the opportunity to live “on a grand scale”. Anything happens in life, and therefore skills to save family income are never redundant.
Many people think that saving money is a rather unpleasant task associated with restrictions and infringements, but it is not so. A few simple guidelines will convince you of this and hopefully help you organize your family budget properly.
Mr Fix, do you have a plan? It’s no secret that planning your expenses greatly reduces the risk of unexpected expenditures. Make a habit of saving your earnings for loans, utilities and birthdays to avoid unpleasant surprises. Also try to “estimate” how much money you’ll spend on groceries and try to stay within the stipulated amount.
Airbag. Alas, not everything can be planned – for example, it’s quite difficult to foresee illnesses or breakdowns of household appliances. Try to accumulate an “emergency fund” and if it won’t be claimed right away, don’t rush to spend the saved money – it’s better to increase it month by month, as it’s your “safety cushion”.
Think about useless spending. Many people don’t realize how much money slips through their fingers for unnecessary stuff. Do an experiment – record your unnecessary weekly expenses for fun. Multiply that by 52 and think what useful or pleasant things you could buy after a year of such discreet savings.
Be afraid of discounts. As paradoxical as it may sound, discounts cause you to spend far more money than you need. Don’t “fall for” discounts – only buy the items you really need, in which case they will save you money.
Don’t skimp on quality. It’s no secret that cheap pantyhose tear faster than expensive ones, and cheap appliances use more energy. When you buy things, think strategically, which will help you cut costs.
Live within your means. Everyone wants the most expensive things, jewelry and technology, but if you can’t afford it, it’s best not to spend. Such rashness could gnaw a hole in your budget.
Take advantage of your skills. Master needlework – with it you can sew and knit unique outfits for yourself or design – with it you will significantly save on the purchase of interior items, etc.
Children are a risk factor. Saving money on children is certainly not an option, but it’s not nice to cheat on them either. If your child wants an expensive toy, you should explain that such purchases are not made at short notice. If you manage to teach your child to save money as a child, this will be a big plus.
Look for ways to earn extra money. In fact, there are many ways to earn extra income – for example, by becoming a freelance distributor of a product or by participating in online surveys. Of course, we are not talking about high earnings, but after all, a penny is known to save a whole dollar.
By learning how to save money you can make your life more stable. Isn’t that prize worth the effort?