I think that
we can all agree that at times, we are our own worst enemy. Don’t let that be the case when it comes time
to starting to build your savings! With
these life hacks to trick yourself into saving more money, your savings will
start building before your eyes!
1. It’s all
about physics – that topic you covered in high school science called inertia
can work to your benefit with savings, too!
Set your plan in motion using automated tools that take the thinking out
of it and watch your savings continue to roll and move all on its own! When you add the manual aspect of
transferring money into your savings every month, the consistency can start to
slack which is the opposite of what you want to happen. One really great tool that Honor has to make
this part a piece of cake are “It’s Your Change” where every purchase you make
gets rounded up to the next dollar and that change automatically put into your
savings! We can also set up an automatic
transfer from your direct deposit into your savings so you don’t even have to
think about it.
2. Keep looking
ahead – goals, goals, goals is what it’s all about. Keep your sight set on the future and the
goals that you set for yourself and it will make those thinner months where you
really, really want to dip into that savings easier to avoid. If you’re a visual person, post a picture of
your dream state (whether that’s your ideal retirement destination, your next
vacation spot, or that new car) on the fridge or someplace you will see it
every day.
3. Get a raise?
Use it wisely – Don’t slip into the pitfall of a spending spree with
that next
raise or bonus! Redirect that addition
to your monthly income directly into your savings and keep your budget the
same, almost like you’re pretending you never got the raise to begin with. This may sound weird, but the direct raise
you will be giving your savings every month will really add up!
HINT!! – There may be a giveaway coming up
this week! If you want included in the
fun (and a shot at $50!) be sure to keep up with Honor on Twitter @honorcu!
Listen to Honor's Scott and 97.5 Y-Country's Wild Bill talk about their tips to trick yourself into saving on this week's Mason Jar Monday!
Source - http://time.com/money/3658298/how-to-save-more-money/#money/3658298/how-to-save-more-money/
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