In these times of financial crisis, it is difficult for many to save money. Expenses are skyrocketing, it seems like less and less money is coming in and you feel like everything is becoming more expensive. Still, it doesn’t hurt to save. No matter how little you earn. Imagine your refrigerator breaks down. Then you would like to be able to buy a new one. Or maybe you want to travel next year? That’s not possible if you don’t have any savings. And it is really better not to start borrowing
How much can you save?
How much you can save on a monthly or weekly basis naturally depends on what you earn and your fixed costs. Do you save a fixed amount per month, or do you first see what you have left at the end of the month? It doesn’t really matter how much you save. What is a lot for one person is little for another. Since we cannot look into someone else’s finances, no one has to interfere.
If you are sure that you have a fixed amount left every month or week, you can of course save it. By authorizing the bank to transfer that amount from your bank account to a savings account every time, you don’t have to worry about it. If you are not sure how much you will have left over each week or month, you can also see what you can spare each time. Of course, you always have to think about this, and also have the discipline to actually transfer the money to your savings account and not buy expensive pants for it. The good old piggy bank is of course ideal for your change at home. Saving small change can also add up quite a bit. When the piggy bank is full, simply take the money to the bank to add to the savings account.
Where do you get your savings from if you have no money left at the end of the month?
Those who have no money left in their checking account at the end of the month can also save. Really and truly! Maybe a little slower, but every little bit helps. And ultimately you can get your savings from anywhere:
- empty your bag, pockets and wallet every evening. Put all the change that comes out of there into the piggy bank. This can add up quite a bit. You can of course also decide, for example, to leave the one and two euro coins in your wallet and only save the other change
- All the money you get back when you take your empty deposit bottles to the supermarket can also be considered as savings. You had already lost that money for a number of days/weeks and then you didn’t miss it. This can also add up considerably, especially if there are crates included.
- Do your shopping cheaper. First make a list of what you need and buy groceries at a cheaper supermarket. Or try the house brands or cheaper brands. This will save you money every week, you can also put this in your piggy bank, as you would otherwise have lost this money anyway. Now you’ve lost it too, but to your own piggy bank! You can of course also do this with clothing and other purchases.
- Sell things that get in the way or that you no longer use, no longer fit or that you no longer like on a sales site. And be wise, don’t immediately buy new things, but also put the proceeds in your piggy bank. After all, you didn’t get rid of your old stuff for nothing.
Don’t plunder your piggy bank!
If your piggy bank is full at some point, it is tempting to do something fun with that money. Now you can reward yourself for your good saving behavior, but it is probably not the intention to spend that money so that you no longer have an emergency fund or before you have achieved the goal for which you are saving. After all, that’s a waste of effort. If you would like to reward yourself, you can do so without going too far. For example, give yourself that top from the sale as a gift. Do you have something new for yourself? Or treat yourself to a movie in the cinema, but make sure you bring something to drink during the movie. This way you can do something fun with your savings every now and then, but at least you keep the majority as savings.
- Cheap gifts for all occasions
- Cheap on holiday, day out or a weekend away