Theoretically, it’s easy to save $3000 in six months: just set aside $500 per month and in six months, you’ll get $3000. The challenging part is when we have no or little discipline with saving money for whatever reason. Below are 5 tips on how to trick yourself into saving $3000 in six months.
Tag: Savings
5 Best Free Apps to Track Your Money
While tracking our spending can be easily done by writing it down on a book or a piece of paper, this simple method is not easy to use when we want to analyse our spending in a more visualised way, e.g. seeing the spending in a form of graph or chart. Whether you want to track your spending to save money, pay off debts faster, or put an end to late payment fees, having a spending tracker or budget app can make your life easier and simpler.
How to Grow Your Savings – 10 Frugal Habits
Growing your savings is as simple as putting money into the savings account regularly and never withdrawing it. But life is not always easy. Things get complicated. Boxing day happens. Black Friday happens. Online shopping becomes more available than ever.
Reverse Budgeting
Reverse budgeting, also known as ‘pay yourself first’, is whatever percentage or amount you want to save will go to your savings before you spend any of your income when the income arrives, and then spend the remaining amount accordingly.