Saving money may not be that difficult if you know how to do it right. It may be more difficult for you to start doing it, but once you get used to it it won’t be a problem. So, knowing some money-saving tips can be of great help to you and here you will find a simple guide to make you start saving money from today.


  • Know how much you spend. Yes, having a record of all of your expenses is essential thing to know before starting to save money. This means that you should know where all your money goes, including household items, food, drinks, clothes etc. Organize your expenses into categories and thus know how much you spend for each and in total.

  • Make a budget. Now that you know your expenses, you should make a budget out of your monthly income to cover them. Think of ways of how you can lower some of your expenses, so that it can be covered with your budget.

  • A savings category. Besides all the other categories for your expenses, you should also have a savings category. It is advisable to save 10 to 15 percent of your income, but of course this should be coordinated with your expenses. So, in case you are not able to save this much, maybe you can try to spend less money on things you don’t really need.

  • Plan to save for something. One of the best ways to be motivated to save money is to know what you are saving for. For instance, if you want to visit a new destination you should set a plan of how much money you will need and for how long you can save them.

  • Choose automatic saving. If you cannot resist to put some money on the side and always try to spend them for some useless staff, then you can go for automatic savings. Go to your bank and ask for an automated transfer between your checking and savings accounts. Choose the amount you want and watch your savings account grow.


All in all, saving money cannot be that difficult if you know how to do it right and the above tips are definitely some of the best ones to follow. So, hopefully you will find them useful and you will start saving money from today.


Published by Zachary McGavin