Saving is the activity of saving money to meet certain future needs. In addition to being able to create benefits in the future Savings and investments also indicate that a person has a relatively good financial management ability.
Nowadays, there are many savings mechanisms that you can try. From saving at banks to saving gold at pawnshops and banks. The advantage is that your savings are relatively safe from the hands of thieves. Including from your own hands to apply what should not be done.
However, the disadvantage of saving in the above two methods is that there is little to save. In other words, of course you would be embarrassed if you saved by spending a nickel or just 5000? Saving more or less is not a problem. The important thing is to be consistent.
Save a little money, you can only save at home. However, the disadvantage is that saving at home is not safe. Because you can earn money anytime. and more likely to be stolen And how to save money at home without spending it? Check out the following tips:
1. Use a piggy bank that is not easy to open.
A piggy bank is the main tool that must be kept in savings at home. Piggy banks come in many forms. From perforated plastic bottles to clay piggy banks. The material of the piggy bank determines how easy it is to open the piggy bank.
A simple plastic bottle piggy bank can be opened just as easily as a simple plastic piggy bank that can be opened by tapping. You must destroy the clay.
𝘛𝘩𝘦 𝘧𝘦𝘸 𝘯𝘰𝘵𝘦𝘴 𝘐 𝘩𝘢𝘷𝘦 𝘢𝘳𝘦 𝘱𝘳𝘪𝘮𝘢𝘳𝘪𝘭𝘺 𝘥𝘦𝘤𝘰𝘳𝘢𝘵𝘪𝘰𝘯 𝘢𝘯𝘥 𝘱𝘦𝘳𝘴𝘰𝘯𝘢𝘭𝘪𝘻𝘢𝘵𝘪𝘰𝘯 𝘣𝘢𝘴𝘦𝘥- 𝘵𝘩𝘢𝘵𝘴 𝘲𝘶𝘪𝘵𝘦 𝘢 𝘤𝘰𝘮𝘱𝘭𝘪𝘮𝘦𝘯𝘵 𝘧𝘳𝘰𝘮 𝘴𝘰𝘮𝘦𝘰𝘯𝘦 𝘸𝘩𝘰𝘴 𝘢𝘴 𝘖𝘊𝘋 𝘳𝘪𝘥𝘥𝘦𝘯 𝘢𝘴 𝘐! Piggy banks with hard-to-open materials and designs reduce the likelihood that you will take money out of the piggy bank.
2. Attach a savings goal to each piggy bank.
One of human nature is to have unlimited desires. Therefore, when saving or investing, You should differentiate your savings instruments and investment goals.
Similarly when you record at home. to help fulfill many wishes in the future You can buy several piggy banks for different purposes and stick a goal written on each one.
For example, you have three needs: buy a new mobile phone. See a concert by your favorite musician, and Prepare money for university entrance exams.. So you can buy 3 piggy banks at once. And stick those goals in different piggy banks, so you’ll be more motivated to save money and avoid taking out your savings prematurely.
3. Keep the piggy bank in a safe place.
This time to keep the savings safe from the hands of crooks. as an additional security measure against thieves You can keep the piggy bank where you saved your money in a safe place, out of a box, like under your bed or on top of a cupboard.
to make it more practical You can also buy a fairly large safe that can be used to store several piggy banks at once. Make sure the safe design is unique. So that thieves or other people, unless you know, are using this tool to collect money.
4. Switch to a bank
so that your savings program is effective and does not fail You can transfer these savings into form. savings If the piggy bank is full and buy a new piggy bank If you do not have a regular savings account You can ask your parents to make student savings (Simpel) or use your parent’s account to save at the bank. After that, you can start saving from 0 again.
Embarrassed to record in fractal form? to overcome this You can exchange your savings for cash equivalents at retail outlets. These retailers are generally happy to accept your money because they want it to be converted into money.
5. Set aside savings
One concept to understand in savings and investments is that money for savings and investments is money set aside for that purpose. not money left This means that before saving or investing You have to set aside money for everyday use first.
Therefore, do not use the money saved for everyday needs or debt. (Unless it’s sudden) It’s safer if you prepare a deposit. emergency fund alone.
This is because emergency funds should be easier to withdraw than savings or investment funds. Money for the emergency fund is stored in a separate wallet. so that when you want You will never have to break a piggy bank again.
Special savings allocation ensures that your savings program will not fail no matter which method you use to save. The reason is that it shows your commitment to achieving that savings goal.
Not only for adults A unique way to save At home can be used with children. This is important. To make your child know how to manage money from an early age. and understand what to get You have to sacrifice something else first. Teaching your child to save at an early age will accustom him to saving as he grows up.