Start with tiny amounts, divide the income in half and appoint fines for yourself.
You can listen to the article. If you are more convenient for you, turn on the podcast:
Listen to 9 simple ways to save money without stress on Yandex.Music
1. Copy more tomorrow
In his speech on the TED, economist Shlomo Bernaci said that fears are preventing us from digging. We are afraid to limit ourselves, we prefer momentary pleasures and always tell ourselves that we will definitely begin to save money from the next salary.
But, of course, we never do this. To crush a financial procrastinator, Bernatsi offers to use the principle of “Copy more tomorrow”.
The essence is very simple. You need to save only 1-3% with each salary (instead of terrible 5-10%, which are usually recommended by economists and financial experts). It is possible for almost any1. And every time your income will increase, you can increase the percentage of the assigned funds.
Yes, in this way you are unlikely to accumulate a fabulous amount, but at least you can take the first step and understand that it is not so difficult to postp1.
Take a note 💵
- 15 ways to accumulate anything
2. Put in stages
In this technique, the amount that you delay begins with only 50, but every week you need to increase it … by the same 50 . In the first week you will put in a piggy bank 50, in the second – 100, in the third already 150 and so on.
Thus, in a year you will accumulate almost 70,000, which is very good.
This method will accumulate your savings softly and painlessly. And if the income allows you to increase the step from 50 to 100 or more.
3. Trust the accumulation of the bank
If your hand does not rise to pick up a certain amount from your salary, instruct this to the banking application. Set up an automatic monthly transfer of a certain amount to a funded account. You can start with painless 3-5% of income and gradually increase the amount of deductions.
4. Pay for bad habits
Smoke? Hang uncontrollably on Instagram*? Eat a lot of sweet? You can kill two birds with one stone with one shot: get rid of bad habits and accumulate a little (or a lot – depending on how bad you are) money.
Install the system of fines and for each violation of the rules take out a certain amount from the wallet.
They smoked a cigarette – 200, lay down later than 12 nights – 500 . And so on.
5. Continue to pay a loan, even if it has already been closed
This principle is the basis of the method of snowy coma, which was invented by the American financial expert David Ramsi. While you pay off debts, you get used to pay a certain amount to the bank monthly. When the loan is over, continue to pay, but not a bank, but yourself. Transfer the amount of the monthly payment to the funded account or invest this money in shares and precious metals.
6. Pretend that premiums and bonuses do not exist
If we have some additional income (a bonus, bonus, one -time earnings), we rejoice and begin to spend all these “extra” money on entertainment and unnecessary nonsense. Do not do it this way. Imagine that you still have only a salary, and postpone the prize.
7. Deceive yourself
Immediately send a few thousand to the piggy bank may be uncomfortable. Agree with yourself that you will postpone a little bit (50–100), but every day. Such a small amount will sleep your vigilance.
It will no longer seem to you that a huge gap has formed in the wallet and you are about to endure hardships.
Moreover, if you put off 100 every day, in a year you will have 36 and a half thousand.
Study the question 🤔
- How to spend less and postpone more: simple rules that we forget about
8. Pay your taxes
From each purchase above a certain amount (say, 1,000) put off at the expense of 5-10%. This will not only help to accumulate money, but also disciplines you, will teach you to be more likely to treat spending. You can decide for yourself whether you will pay “tax” for each purchase, including food, or only for certain categories of goods: clothes, computer games, cigarettes, alcohol and entertainment.
9. Half income
First, divide the entire profit into two parts and put them in two different envelopes (or two scores). At first, spend the means only from the first envelope – as if the second does not exist at all. When the first envelope is empty, divide the remaining amount again.
Continue to spend money only from the first envelope. Repeat as many times as necessary.
This psychological trick will help you treat money more carefully: you will spend them as if you have a much smaller amount than actually. And therefore, by the end of the month in the second envelope, at least something, but it will remain. And you can credit this amount to the funded account or invest at your discretion.
You can listen to the article. If you are more convenient for you, turn on the podcast:
Listen to 9 simple ways to save money without stress on Yandex.Music
1. Copy more tomorrow
In his speech on the TED, economist Shlomo Bernaci said that fears are preventing us from digging. We are afraid to limit ourselves, we prefer momentary pleasures and always tell ourselves that we will definitely begin to save money from the next salary.
But, of course, we never do this. To crush a financial procrastinator, Bernatsi offers to use the principle of “Copy more tomorrow”.
The essence is very simple. You need to save only 1-3% with each salary (instead of terrible 5-10%, which are usually recommended by economists and financial experts). It is possible for almost any1. And every time your income will increase, you can increase the percentage of the assigned funds.
Yes, in this way you are unlikely to accumulate a fabulous amount, but at least you can take the first step and understand that it is not so difficult to postp1.
Take a note 💵
- 15 ways to accumulate anything
2. Put in stages
In this technique, the amount that you delay begins with only 50, but every week you need to increase it … by the same 50 . In the first week you will put in a piggy bank 50, in the second – 100, in the third already 150 and so on.
Thus, in a year you will accumulate almost 70,000, which is very good.
This method will accumulate your savings softly and painlessly. And if the income allows you to increase the step from 50 to 100 or more.
3. Trust the accumulation of the bank
If your hand does not rise to pick up a certain amount from your salary, instruct this to the banking application. Set up an automatic monthly transfer of a certain amount to a funded account. You can start with painless 3-5% of income and gradually increase the amount of deductions.
4. Pay for bad habits
Smoke? Hang uncontrollably on Instagram*? Eat a lot of sweet? You can kill two birds with one stone with one shot: get rid of bad habits and accumulate a little (or a lot – depending on how bad you are) money.
Install the system of fines and for each violation of the rules take out a certain amount from the wallet.
They smoked a cigarette – 200, lay down later than 12 nights – 500 . And so on.
5. Continue to pay a loan, even if it has already been closed
This principle is the basis of the method of snowy coma, which was invented by the American financial expert David Ramsi. While you pay off debts, you get used to pay a certain amount to the bank monthly. When the loan is over, continue to pay, but not a bank, but yourself. Transfer the amount of the monthly payment to the funded account or invest this money in shares and precious metals.
6. Pretend that premiums and bonuses do not exist
If we have some additional income (a bonus, bonus, one -time earnings), we rejoice and begin to spend all these “extra” money on entertainment and unnecessary nonsense. Do not do it this way. Imagine that you still have only a salary, and postpone the prize.
7. Deceive yourself
Immediately send a few thousand to the piggy bank may be uncomfortable. Agree with yourself that you will postpone a little bit (50–100), but every day. Such a small amount will sleep your vigilance.
It will no longer seem to you that a huge gap has formed in the wallet and you are about to endure hardships.
Moreover, if you put off 100 every day, in a year you will have 36 and a half thousand.
Study the question 🤔
- How to spend less and postpone more: simple rules that we forget about
8. Pay your taxes
From each purchase above a certain amount (say, 1,000) put off at the expense of 5-10%. This will not only help to accumulate money, but also disciplines you, will teach you to be more likely to treat spending. You can decide for yourself whether you will pay “tax” for each purchase, including food, or only for certain categories of goods: clothes, computer games, cigarettes, alcohol and entertainment.
9. Half income
First, divide the entire profit into two parts and put them in two different envelopes (or two scores). At first, spend the means only from the first envelope – as if the second does not exist at all. When the first envelope is empty, divide the remaining amount again.
Continue to spend money only from the first envelope. Repeat as many times as necessary.
This psychological trick will help you treat money more carefully: you will spend them as if you have a much smaller amount than actually. And therefore, by the end of the month in the second envelope, at least something, but it will remain. And you can credit this amount to the funded account or invest at your discretion.