.png)
Buying things when they’re on sale is a great way to save money, but you can save even more if you take the money you saved and stick it right into your savings account.
If you save $20 by purchasing an item on sale, you might think to yourself “now I have $20 to spend on other stuff.” Eric Nisall from DollarVersity suggests you put that $20 in your savings account instead and pretend that you bought the item at full price. Sure, it would be nice to have that extra $20 for spending, but it’s probably better off somewhere you can’t touch it, gaining interest. As Nisall explains, this is a great method for tricking yourself into saving more money:
So, if I went to the grocery store, or any shopping really, I took the ‘total savings’ from the bottom of the receipt and transferred it. I transferred all of my overtime payments as well. Since I only budgeted for gross spending and regular paychecks, I didn’t notice any difference in my everyday account.
Anytime you get a discount, use a coupon, or find a sweet deal online, take the difference and put it in your savings. You’ll build up cash faster than you think—as long as you remember to do it.
10 Ways to Trick Yourself Into Saving Money | The Simple Dollar
Photo by Joe Wolf.
from Lifehacker http://ift.tt/20cOtJY
0 comments:
Post a Comment