Ask people for their finance-related New Year’s resolutions, and there are usually two that stand out: put more in the Savings Account, and spend less money. But it’s not always easy! As with any difficult habit to kick, making smarter financial decisions will require willpower, good education and a old fashioned mind trickery.
There are the classics such as bringing your lunch to work or kicking your java-on-the-go habit. But we didn’t want to bore you with those resolutions. After all, why restrict yourself?
We wanted to bring you 4 great money-saving tips and tricks that would take your money further. Not chip away at life’s pleasures.
- Automate savings
Take that income straight from the source! Instead of spending willpower on restricting your spending, automatically transfer a portion of your income straight to your Savings Account. You can’t miss what you never had!
Set up a new dedicated account with automatic transfers of $50 bi-weekly on the same day as your salary lands and you’ll be amazed at how fast your fortune grows.
- Matching bad habits with good habits
Want to make yourself feel good when spending your money rather than bad? Try matching up your spending with your savings.
For example, perhaps you love spending money when dining out. For every $1 you spend on dining out this January, match it with $1 deposited into savings. This means you can still enjoy your spending on the thing you like the most without feeling guilty.
- Walking to work
This tip is not just a great way to save money, but it’s also a way to enhance life’s pleasures. Walking to work may take more time, but it’s a great way to get additional exercise into your schedule, and to be outside. It’s been proven that people who spend more time outside are happier, so put on your walking shoes and save those transport dollars.
- Check the VIPON website
If you want to save the big bucks, you need to check coupon sites a little more closely.
At VIPON, we are proud to provide discounts up to 70% OFF giving your savings account a serious boost. All of the items featured are everyday household items that can improve your life at a teeny tiny price. So make sure you sign up to get news everyday about the items available to you!