Posts

Are you struggling with saving habit? Items to quickly get off your budget

avatar of @busted1
25
@busted1
·
0 views
·
2 min read

Sometimes to save money might be a very difficult thing to do, even after listening to some advice on the need to save, you may still find yourself spending everything you earn quickly before you realize. Money can be saved but there are certain things you might be spending money on and is taking away your funds, the list may not apply to everyone but just maybe it is what you ned to read at the moment to help your saving pattern.

Source

Certain things has to be taken away from your budget.

If you find yourself within the category of someone who is always struggling to save but keeps getting disappointed all the time, then it is time to take the step to eliminate somethings from your spending list, this will help you improve your saving habit.

Bank Charges.

Even if charges by the bank appears to be a thing that is inevitable, we have to understand how the bank operates and know how to save our funds from the excessive charges. At every point of withdrawal from your account, there is a charge to it especially when you are trying to use a POS machine. What I think can be done in order to avert this is to calculate how much will be required for a week, then have that cash at hand by withdrawing it from the bank at a time this will eliminate excessive bank withdrawal charges at the end of the month.

There are certain banks that charge you for not having up to a certain amount in your account at the end of the month. If you are not ready for such account you should close it until you are ready but if you are financially capable then ensure that the money placed in the account does not go below the agreed amount. By the time all these charges are no longer removed by the bank, you will have more to save.

Source

Gambling.

Several individuals lose money through gambling, I really do not understand why you would waste your precious hard earned money on uncertainty. Majority of the people who gamble lose their funds at the end of the session so why waste your time with it in the first place, instead of gambling turn it into a saving plan.

Expensive gym options.

The regular belief is that you have to pay an expensive amount for a gym service in order to get serious and that way people ignore cheap and better offers, if you have a plan to save your funds look out for cheaper and friendlier gym’s and pay for them while you save the rest of your funds.

Stop spending to impress.

We have more people who appear to be rich in our generation and social media has not made things better either, being broke and trying to slay in every designer outfit is not going to help in any way to build a good saving plan. Thank you for reading, I appreciate your comments and up votes.