How To Start Saving (And Why It's So Hard To Get Going) - Money Under 30 - Deepstash
How To Start Saving (And Why It's So Hard To Get Going) - Money Under 30

How To Start Saving (And Why It's So Hard To Get Going) - Money Under 30

Curated from: moneyunder30.com

Ideas, facts & insights covering these topics:

6 ideas

·

2.79K reads

13

Explore the World's Best Ideas

Join today and uncover 100+ curated journeys from 50+ topics. Unlock access to our mobile app with extensive features.

Saving money

Saving money

Everybody wants to start saving money as soon as possible. However, quite few people actually do it. This is because saving money implies giving up on the immediate joy that one could feel when purchasing something. 

And most of us find it difficult to fight this need to buy on the spot whatever our heart desires, even though it might result in hurting really bad our pockets.

142

849 reads

Keep your money in different accounts

To be able to actually save money on a regular basis, you should first make sure that you cannot touch the money that is intended to be saved. 

Ensure this is by keeping your money in two different accounts: a  checking and a savings one. The accounts should be at different banks, making it more difficult to transfer the money from the savings account to the normal one whenever you feel like buying something that is not really needed.

129

408 reads

Change your focus when saving money

Whenever you try to save money, try focusing on the process itself rather than the final goal. For instance, telling yourself that this is a temporary situation might prove extremely useful and help the time pass faster.

114

453 reads

Setting targets when saving money

Setting reachable goals is always one of the main keys to success, no matter the field. 

By setting a reasonable target, as in the amount of money, each month, you are more likely to succeed than you have made up your mind to save more than half of your salary, which is totally unrealistic, as you need money to survive on a daily basis too.

112

350 reads

Increasing your saving power

One way your savings get to grow really fast is when you receive a lot of money at once. Even though the temptation to go spend everything is bound to appear, you should remember that you have invested all this time into saving for one particular purpose. So why not take this opportunity to help increase your savings in order to reach faster your goal?

108

306 reads

Side hustles

Getting a side hustle can only prove beneficial to you, as you will not only save more money, but you will also get the chance to do something different from your everyday job. And if you are not truly passionate about this job, the hustle may be your escape door.

107

433 reads

IDEAS CURATED BY

trinity_

"My adversary is the world of finance." ~ Francois Hollande

Trinity 's ideas are part of this journey:

The Mind of Leonardo da Vinci

Learn more about moneyandinvestments with this collection

Leonardo da Vinci's creative process

How to approach problem-solving like da Vinci

The importance of curiosity and observation

Related collections

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates