By Matata Mercy
Many people out there are living from paycheck to paycheck.
All of their money is spent before they reach the next pay day.Most of these people are caught up deep in debt.
To them, it is like they are trapped in a maze and there is no way out.
Today i would like to share with you some of the habits that you can adopt to help you save more money.
1.Decide on what you need.
Before you go out shopping,you should know your needs.
What can you do without? Your basic needs like food, clothing should be a priority and the rest can wait.
That is if you seriously want to become financially independent and stop being stressed about money.
After buying what you truly need, you will realize that you will most likely be left with some money.
2.Save first before you spend.
I learnt this technique from a book called The richest man in babylon written by George Clayson.
This technique is simple as soon as you place your hands on your salary or wage take a percentage of that money and put in a bank account where you cannot easily touch that money.
Then you can use the remaining amount of money for your needs.
On the other hand, if you decide to first spend money before saving,you might end up with nothing to save or very little.
3.Buy only the things that you can afford.
Yes, this is serious. Ensure that you buy only the things that you can afford.
Do not buy stuff that you cannot afford just to impress other people.
Many people borrow money to buy stuff that they cannot afford.
Some fail to pay and end up trapped in debt for a long time. Good luck.💰
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