I can't save any money. What should I do?
04/06/2024 ● Sandra Ruiz Mello
Image by Gerd Altmann from Pixabay
In modern capitalist society, the "Consumer Society", people consume consumer goods excessively, products that most of the time they don't even need. They are often influenced by the media, which exhaustively releases information and advertisements in order to generate consumption. But you have to have a vision and understanding that not everything that is shown in advertisements is ideal for you and maybe you don't need it.
When you realize that the money you earn from your work isn't enough to pay your bills or that you can't set aside a portion of that money for unforeseen events or for income, such as financial investments, it's a sign that something needs to change and it's up to you.
Below are some tips that can help you respect your money better so that you can achieve your goals.
Tips on how to save your money
- Clearly define your goals: If you have motivation and a clear goal, it's much easier to achieve it. It could be a trip, buying a car, etc. Find out what your goal is worth and then it will be easier to save the money to buy it in the future.
- Know how to say no to what you don't need: Identify what you really need to buy, for example, make a list of the things you need to buy, such as food and hygiene products, and also the fixed services you need to pay, such as water, electricity and telephone bills, etc. Set aside an amount for the unexpected and save the rest.
- Prioritize what's important: By knowing what you like best, you won't waste money or energy.
- Create other sources of income: If possible, don't depend on just one source of income. With the instability of the world economy, it's always good to be ahead of the game so that you don't make too many losses.
- Opt for payment in cash: If possible, don't use a credit card or overdraft, always pay in cash, because in addition to not acquiring debts you can also get good discounts, so you can save more money.
If you need help to start understanding and knowing how to save your money, look for a financial expert who can help you a lot in this process.
Good luck.
TO THINK ABOUT
" The high-minded man must care more for the truth than for what people think. "
Aristotle
" Everything that lives comes from what has died. "
Plato
" The best way to know life is to love many things. "
Vincent Van Gogh
" The best way to find yourself is to lose yourself in the service of others. "
Mahatma Gandhi
" Errors are not in the art but in the artificers. "
Isaac Newton
" People never learn anything by being told, they have to find out for themselves. "
Paulo Coelho
" School, I never truly got the knack of. I could never focus on things I didn't want to learn. "
Leonardo DiCaprio
" The voice of the intellect is a soft one, but it does not rest until it has gained a hearing. "
Sigmund Freud
" Luck is for the unprepared. "
Alexander, the Great
" I think it's fair to say that personal computers have become the most empowering tool we've ever created. They're tools of communication, they're tools of creativity, and they can be shaped by their user. "
Bill Gates
