Thursday, August 8, 2013

How to save up some money in 30 days

This is 3rd post on this blog! I will now write you some money saving secrets! But you know some of them for shure, but give it a read and you may find this post useful.

First of all set yourself a goal!
Lets say you want to save up a 100$
Now do the numbers! Calculate how much do you spend in 30 days.
Now deducate from that number 100$ and the number you get is how much you can spend during the next 30 days.

This doesnt work if you have small amount of money for 30 days like only 200$ or less than you cant just deducate from that 100$
In this case you have to save up money for 60 days. And deducate 50$ per 30 days.

Now you got your paycheck for 30 days. Lets say it is 350$ so you can spend only 250$
Here are some ways to do that!

1. This is the most important one!
You need to cut your budget for food because this is where you spend the most. Now listen to this.
You need to stop buying expencive stuff. You need to go and visit big shopping cener and buy food at discount. And there also choose cheaper food. Buy everything that can be stored in a fridge!

2. Bills!
You need to cut down budget for bills too as much as possible!
Try to save money on phone bill, power bill and etc.
Turn off lights at all times when possible! Use power only at evening when it is cheaper to boil water for shower. Dont call peple so much from your phone to reduce phone bill.

3. If you have some friend in village who does farming you can ask him to sell you vegetables for far cheaper price than in shops.

4. Dont go in restaurants, play stores, pools... etc. Instead take your family to forest picnic it is much cheaper.

These are some of my ideas but there are a lot of ideas on this subject. Remmember stick to the goal and you will manage it.
It doesnt have to be 100$ it can be 1000$ but for such amount you will have to save for longer time if done effectively you can save 1000$ in 90 days!

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