moonchild
VIP Contributor
1) Stick To Your Plan: when you made your mind to start saving from your paycheck, taking some from it to buy that fancy dress from black Friday can be very tempting, I think it's very ideal to set a separate account to start saving money, this could be an online piggybank or a contribution account, but keeping the money away from where you can touch it can be very tempting.
2) Have A Goal For Your Savings: savings just for the fun of it will not be sustainable for the long term because you don't have any goal you are looking to achieve with the money.
But if you have a goal, say buying a car, or starting a business with the money, that can really motivate you not to spend the savings and can keep you committed to achieving your goal.
3) Don't Give Up On Your Savings Goal: You can fall off your target and miss one or two milestones you have set to achieve, don't give up and get back at it, with grit.
Anyone that achieves their savings goal didn't do it at a go, the result probably stacked up over time.
I hope you enjoyed this points, leave a feedback.
2) Have A Goal For Your Savings: savings just for the fun of it will not be sustainable for the long term because you don't have any goal you are looking to achieve with the money.
But if you have a goal, say buying a car, or starting a business with the money, that can really motivate you not to spend the savings and can keep you committed to achieving your goal.
3) Don't Give Up On Your Savings Goal: You can fall off your target and miss one or two milestones you have set to achieve, don't give up and get back at it, with grit.
Anyone that achieves their savings goal didn't do it at a go, the result probably stacked up over time.
I hope you enjoyed this points, leave a feedback.