People who are good at saving money have these habits

What makes one unable to save and the other to set aside thousands of euros within a year? The habits of people who save well in a row.

Journalist Tessa Ham has been writing about savings for about 4 years now. “During that time, I’ve seen hundreds or maybe even thousands of savings tips, and people are talking about how to save,” she says. “These are the five savings habits I have heard most often. In the end, they also made sure that the amount of my own savings grew enormously.”

If you acquire the following habits that Tessa has developed, you will be able to save.

The savers pay themselves first

You probably feel the pressure to first pay your bills and then see how much you want to transfer to your savings account. While it is very important to pay your bills, you should also be honest with yourself. Because it often does not stop spending money on accounts. As a result, there is nothing left to your savings account.

Savers have a habit of paying themselves only once they have received their salary. Make sure it is a realistic amount so that you do not have to transfer money again at the end of the month. Leave this amount the same every month, or choose a percentage if your income varies.

Automatic storage

Ask savers what their best savings tip is, and 9 out of 10 times it is that they have created an automatic debit to their savings account. This way, it feels like one of your fixed costs and you save unconsciously without putting too much effort into it.

Savers regularly check their finances

If you prefer not to spend money, chances are that savings are not really working. If you want to get started seriously, you will need to keep an eye on your finances on an ongoing basis. Just be careful: you will look at money differently if you do not just think about them when they are gone at the end of the month and you wonder how to cope.

A picture of saving in a piggy bank
Of course, it is also possible to save in the piggy bank. Photo: Colourbox

The first step to a great savings account is to check your account more often. This also gives you a better idea of ​​where your money is going. A budget app is also a great way to gain insight into which categories you are actually spending a lot of money on.

They control their impulses

It sounds obvious, but one of the best savings tips is to make savings a priority. You do this by keeping your impulses under control. Because of emotions, for example, it’s easier said than done. Money will not make you happy, but we have all been guilty of ‘retail therapy’ at one time or another.

Be honest: how many times have you bought something to buy it, for an endorphin kick, or to fill an emotional void? Be aware of your triggers in the near future. When do you feel like buying something that you are not going to use in the long run?

In the meantime, of course, you can make it as easy as possible for yourself by opting out of the newsletters with great deals, not browsing online webshops and thinking about a purchase for three weeks before you actually make it.

Save by: every little bit helps

Successful savers know that you can not suddenly save a large sum of money, no matter how much they want. Therefore, they are happy with every single euro they can save and do not get discouraged when things go ‘slowly’. If you are already making a habit of saving, you will see that you have already reached 80 percent of your savings goal. Make savings a regular part of your life and the amount in your savings account will grow faster and faster.

How a zero-based budget helps you save more

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People who are good at saving money have these habits

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