Saving money if you earn little can be frustrating if nobody tells you exactly what steps you should take. Here we will give you the tips you need to have extra money at the end of the month.
Not all of us have the discipline or temper required to save at least a little of our income month after month. Until it seems that money burns our hands and we want to get rid of it.
But there are many benefits of saving, you can have a more comfortable future or you can carry out projects that you have been planning for a long time.
It is likely that your income will go in all the priority expenses that you have to make, you will have a little that could be destined to go out with your family to eat, or a small trip a weekend.
Actually, they do not necessarily have to be large amounts, you can save a sum that allows you to carry out all the activities you are used to and be able to pay without problems your priority expenses.
The point is to save money in a short time, it does not matter if you keep two hundred pesos or thousand pesos a month, little by little that guardadito will grow. But to be able to do it is necessary that you have money to save. If you arrive at the end of the month and your finances are exhausted, the initial problem is that you are not managing your money correctly.
If there is no expense planning, there is never going to be an organization of money that allows all the needs to be met and also provides the opportunity to generate savings.
If we take into account a low salary we would have to estimate how much should be spent in relation to it.
What you can do is try to be as good as possible and make savings so that in the future it will be easier to live without worries, and why not? give yourself some luxuries.
That is why here we bring you 5 ways in which you can save and make your income pay for everything.
1- Raise a monthly budget
The most important thing to be able to save is having your income and expenses organized. Create a monthly budget that is the basis of your economy, planning is the best way to organize.
It counts all the priority expenses, those that month after month are going to arrive and that there is no way to avoid. Since you have the money you will use to pay for these needs, see how much you could spend for recreational activities with your family, maybe going to the movies once a month can be a good option.
You can also save by doing things that do not require an expensive, such as going for a walk in a park or having a picnic with your family instead of going to a restaurant, saving is not just about saving money you do not use, but trying to do more accessible your activities, that you do not spend does not mean that you can not have a good time with your family.
2- Establish how much money you can save per month
Since you have established your budget, broken down into the type of expense they are, whether they are priority or entertainment and joy, you can see how much money you have left and that there really is no need to use.
If you do not have anything left over, you can cut out the entertainment expenses as mentioned in the previous point, you do not have to spend to have fun, this will free up a bit of money that you can save.
As it was said before, it does not matter how much, as long as you do it, try to be a stable amount month by month, this will give regularity to your savings.
3- Be careful with impulse purchases
A trip to the supermarket or shopping center can completely ruin your savings strategy. Thinking that you have the money you are saving in your account, it can be tempting to offer the dressers, but better stop and think about what you are saving, what is the main purpose of your effort and discipline.
Do not throw it away and spend that money on something impulsive and really do not need, stay strong and do not fall into the temptation of that beautiful dress that exceeds your normal possibilities.
4- Search the best offers
The savings are also in the things you buy, there are always offers and promotions that can help you save a few steps at the same time you get what you need, for example, when buying clothes wait at the change of season.
In those times of the year, the sales can help you get more for less. Take advantage of the moment and you will see that your pockets will thank you.
5- Be patient and see your capital grow
Patience is the virtue of the person who saves and his reward is to see his numbers grow based on effort. When you reach the goal you set for yourself, you will feel the satisfaction of being able to make use of the money that you kept for a long time, it is a long career, but in the end, you will see the results.
As you saw, there are ways to save despite not earning so much, sometimes you are discouraged by your salary and think you can not do anything but cover your basic needs, but with a good organization of the economy and perseverance, you can get to do the things you want.