Financial matters are the most excruciating things to deal with, because we have to make both ends meet no matter how huge or small our monthly paycheck is. Most often than not, there are circumstances wherein we feel that we are constantly down the drain though we are juggling from one job to another. Therefore, this informative website will gladly share to our millions of readers these time-tested money saving tips that are so easy to do and follow, provided that you have the patience and determination to attain what you earnestly desire to slowly improve your stressful financial situation. To begin with, a notable financial adviser in the Philippines has said that the most effective money saving tips that he had ever tried are as follows: First and foremost, is the Pay yourself strategy and the Always have money method. To discuss in detail, read the subsequent paragraphs to keep you on the right track in handling your unpredictable cash flow every month for one whole year.

Money is an integral part of human survival, which requires careful planning and a sense of practicality.

Money is an integral part of human survival, which requires careful planning and a sense of practicality.

The Pay yourself method pertains to a rewarding and rational financial logic that you have to make it a habit to save a little amount for yourself, since you have worked so hard just to earn a good sum of money in a month. Most importantly, this initial step towards financial liberation entails a lot of discipline because of two major reasons. Commonly, a wise spender tends to separate almost 20% of his net income to pay for the monthly bills. Unfortunately, this money saving tip is a big NO-NO. In this respect, allow this article to divulge and explain the effective formulas in saving for the rainy days. In this first step, you have to religiously memorize this financial abundance secret. Net income minus savings equals expenses. In so doing, you will be able to finally enjoy the fruits of your labor without feeling guilty at all.

On the other hand, the Always have money plan simply goes like this. Whenever you have money, always be sure that you will put any amount in this labeled saving canister. Ideally, the right amount that should be kept here is 3% of your total net pay for two weeks. Apart from these money saving tips, here some additional money saving tips that you should study, apply and share to those people who are suffering from a worse financial distress. These are randomly enumerated below:

Money Saving Tips that You Must Not Forget Every Payday

To sweetly fight poverty, you need to do these additional and incredible money saving tips with all your heart. These are:

  • Never have a negative way of thinking, that you are financially incapable of saving some money.
  • In saving, there is no specific amount. Just make it certain that you are willing to save; rather than to spend without end.
  • Live within your means.
  • The total amount of money that you have saved, will be a blessing to others.

Remarkably, these fantastic money saving tips will change your fortune in no time at all. You no longer need any lucky charm in making yourself rich, famous and to be someone who knows how to share and manage those financial resources that God has abundantly given you, to realize that “money is not always the root of all evil”.

Category: Self Improvement

Leave a Reply

Your email address will not be published. Required fields are marked *