Tips For Saving Money

Money always seems to run out fast! Month end is the happiest time for most of us. But just a week into the new month and we find it hard to keep running the show! Saving money has become a burden and in most cases an impossible task. In fact most people feel that not borrowing money before the next salary date is a huge achievement in itself!

Well, it is true, but do you want to know what is more true? The fact that you can save money if you really want to! Read below for some great tips!


First and foremost you need to be very determined to save up money. There is absolutely nothing a man can’t achieve, if he sets his mind to it! You need to believe that you need to save. Once you set your heart to it, you will see that saving will become a routine activity and something that you must do. That determination will stop you from wasting money and ensure that you have a perfect saving scheme in place and you will also be able to continue it in the long run.

Halve your month

Next, you need to separate your money left after paying bills according to the month. For instance let’s say you earn $1000 a month. Then after paying the bills you are left with $700. From this amount you need to decide on a fixed amount that you will be saving. Let’s say you save $100, then you should manage the month with $500. You can divide the money equally among each week or you could allocate a little more for one week, on which week you can go out for a dinner or lunch. Although in the beginning it will be hard to change your lifestyle and live according to this, you will glad you did all the sacrifice when you have the top wedding photographers at your ceremony to take the pictures.


Planning ahead is the key to a smooth functioning month. You can try experimenting it. A month which you have all planned and a month that you take it day by day with no plan whatsoever! You will see that planning will help you spend better and be prepared whilst otherwise it will be a huge problem when you run out of money suddenly! You always need to plan ahead. You should try to space out your expenses within the year properly. And also plan for sudden expenses. This will help you manage your finances in a much better way. If your marriage is coming up and you want to have the best wedding photographers in town to capture your big day, you need to definitely get it planned way before time. Same goes with everything in life!

Second income

Finally, keep in mind saving is just the first step. If you want to have an ever increasing bank account. The key isn’t to be saving more the key is to be investing more. You need to save up enough to generate an income. Which will be the hardest period of your life. Once you are able to get your savings to generate an income for you, you can keep the money generated through that to be saved and re-invested. Life is sure to get more comfortable when you know you have a good financial backing!