Earning money is the most liberating experience in your twenties and thus spending it on yourself is even better! So, are you one of those who just got your pay-check and doesn’t even know where the money disappeared? Well, we could suggest easy ways in which you can prioritize your spending and even save money.
- Making separate Bank Accounts
It is best to have two separate bank accounts – one in which your salary is transferred and from where you spend and the other where you could save money and should be avoided unless there is an emergency. Pick a certain amount from your salary and deposit it in the saving account, thus helping you to save up!
- Make a Budget
After you have taken off a certain amount from your salary account, chart out a monthly budget for your lifestyle. Prioritise your daily activities and try to spend only that amount on the particular event. This will help you to keep your finances in check.
- Shop only for the Needy
Are you one of those who visits a grocery for two things and come back with twenty? We are all those kinds of people too, that’s why we need to only buy what we need. Try making lists and stick to buying only those things. Act over your self-controlling power!
- Potluck parties is your new Regime
These days hosting parties outside or even meeting a friend at a restaurant is an expensive affair. To save up on those costs, try out potluck parties which is time-saving, economical and way more fun too!
- Opt for happy hours and sales
It is impossible to not leisure a drink here or there or shop for something that you really need. So, try and resort to visiting restaurants during happy hours for best deals and visit your favourite mall during the sale season to stalk up on all your goodies at the best rate possible.
Saving money for a rainy day is a must and thus be money sensitive!