100% simple and creative ways to save money on strict spending:
In this article, I will give you detailed tips on how to save money, how to save money from your monthly salary or income and how to save money on a tight budget.
So let's get started :
Start saving your money:
Saving money is worth the effort, but it can also be rewarding. It can sometimes be hard and tough as you will have to try everything that is known to you but can not seem to get around it.
In Nigeria there are common ways to save your money:
People now a days don't like the idea of saving in the bank due to extra charges when withdrawing their money, so people looked into that and created a way in which not only by saving their but they can also make money from saving their money that's is some percentage when saving their money.
Some apps now provide a way for individuals in Nigeria to save their money and to make money from saving their money which is pretty cool.
Some of this platforms includes:
* Piggyvest
* Kuda
* Opay
And others;
Piggyvest; about piggyvest;
They pay when you save,
10% - 13% on savings & up to 25% returns on investment (per annum).
PiggyVest is the largest single online savings & investment platform in Nigeria.
- Introducing Investments - Investify
With as little as ₦1,000, you can now also truly invest on PiggyVest in areas that really appeal to you, like agriculture, real-estate, transportation, even commercial papers, and earn as much as 100% return on your capital, depending on the investment type/project, investment duration, etc.
- Simpler & Better Savings
With over ₦1,000,000,000 securely saved in PiggyVest every month alone, PiggyVest users save funds that they would normally be tempted to spend recklessly.
With automated savings and the ability to save towards multiple goals, you are able to meet all your savings goals. With PiggyVest, you earn competitive returns, better than your bank's savings account.
Save automatically or on your terms- set daily, weekly, or monthly savings. You can also save as you go.
Set multiple savings target- saving for rent, a car, vacation, and a new laptop? With PiggyVest, you can do just that and more.
Save Securely - We use only the highest levels of Internet Security, secured by 256 bits SSL security encryption.
Transparent - Never worry about your interests. Monthly interest alerts show exactly how much you earned in interests and how the interest rate is calculated. Depending on the savings plan you choose, interest rates are from 10% to over 13% per annum on your savings.
NO deposit fees. NO monthly fees. Bank-level security.
Isn't this not nice...
Kuda:
We'll reward you with up to 15% annual interest on your savings, so your money keeps making money.
Your Money Is Safe At Kuda
We know debit cards go missing sometimes. That's why you can block your card on the app (and unblock it if you find it).
For other countries ;
Although many people think and say that saving money is easy and fair, not everyone has thought about it. Some people find it very easy and out of reach.
One of the major creative ways to save money is to know your budget, finances, and understand a tight budget.
It will help you understand your needs, and help you understand your budget. Well, to help you on your way to saving money every month, we have put together a list of creative ways and tips to save money.
Table of Contents
15 Creative Ways to Save Money
Start a Financial Month
Save before you use it
How can I pay for myself?
Prepare and cook your own food
Reduce your reward
Make a List Before purchasing and stick to it
There are creative ways to save money on a Tight Budget
Retain 30-Day Rule
Check your bank
Shop at Thrift Stores
Creative ways to save money
Avoid alcohol and tobacco
Purchase of Electronic Equipment
Drink plenty of water, do not drink.
Use of Public Transport
Have friends in:
Wash your clothes, do not throw them away
Losing The Gym Involvement
Summary of Creative Money Saving:
15 Creative Ways to Save Money
Start a Financial Month
If you want to save money by getting paid monthly, monthly budgets in many ways can help you save a lot of money. It allows you to keep track of how much you can afford to spend and how you spend your money.
It also allows you to cut out unnecessary expenses and expenses and make you use the products you need. Creating a budget will save you more money than you ever could, including a complete “savings” account and having money going directly to your “savings” monthly.
In general, having a monthly budget allows you to manage your finances and focus on your financial goals.
Save before you use it
Once you get your paycheck, do not go on a trip before you “save” or leave “save” until the end of the month. This, in turn, leaves you with little or nothing to save.
Save some money first before you spend the rest on other things, to help you increase your savings and improve your saving habits.
The best way to do this is to increase your savings by paying yourself first. In this way, you secure your future and do not miss the money because you do not even see how you save money on a monthly salary.
How can I pay for myself?
According to Money Coaches Canada, try to start with $ 50 monthly or 1% of your bill. As you feel comfortable in your saving capacity, try to increase your savings rate to 3% or 5% of your income, and build from that. As time goes on, you will increase until you hit the mark of your monthly savings.
This is one of the major strategies for saving money on a tight budget.
Prepare and cook your own food
Plan your meals, a week or a month in advance, to help you reduce waste, as you know what you want to eat along with the quantity, and what you have. On the other hand, it saves you money because you will know how to do it and thus avoid making purchases.
Making your own diet saves you a lot of money when you cut down on eating out regularly. Consider spending 30% of your monthly income eating out of a restaurant when you can spend 10% on groceries, planning your meals, and saving money each month on a tight budget. use.
Reduce your reward
This may seem funny, but turning on your lights and appliances when not in use can lower your electricity bill. In addition, energy-saving lamps like LEDs can also help reduce energy costs, because these bulbs use less energy and last longer than conventional ones.
This very important to saving money:
Simply cut down any unnecessary expenses, and use the money for something more relevant
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