Are YOU A SPENDTHRIFT❓ Then Read This (02)

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In the Last episode of this topic we discussed 3 effective ways to start cultivating the act of saving and breaking loose from the shackles of reckless spending. In order to become spendthrift-free, it has to start from self-discipline. You cannot keep entertaining excuses and finding ways to justify your extravagant spendings. You must be honest to yourself and be willing to succumb to change. I made emphasis on these:-

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+ Set Your Priorities 

+ Invest In Assests Not Liabilities

+ Use Investments apps

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And today we are gona deal with two extra tips to help begin your saving journey.

Let NEWMONEY meet OLDMONEY

This is a simple trick an old friend taught during an intense chat on one of those blogging platforms. He said this is trick he uses in saving his money. I agree with him too, I rarely run out of money because I try as much as possible to always ensure that there is something left. Curtail your excessive spending, it's a not everything that you need. A Swedish proverbs says He who buys what he does not need, steals from himself.

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Always Own a budget

In our previous post i mentioned that if you do not make budgets for your money, it will budget itself and leave you. Have you ever wondered how you have so much money now and the next minute you are left penniless or have you ever observed that the more money you have, the more your financial needs increases.❓

There will always be unforseen events that will need to be solved financially. Set your budgets and streamline your expenses to fit into that budget. Do not save what is left after spending, but spend what is left after saving. - Warren Buffett

Extra Quotes To spice It Up

The best way to save money is not to lose it. –Les Williams

Image link: https://pixabay.com/



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