When you think you are free from the theme “Financial Education” Life has tasted you the opposite? Even after leaving debts and cleaning the name, do you still feel need to understand more about saving money and infinite possibilities? Come with us!
Many people can organize their finances but end up in doubt when it comes to taking a step further and learning to save money by organizing for the future. If you have a project that has not yet left the paper, or would like to have but still do not know how to plan, do not stagnate and follow the tips we gathered for you!
What is the importance of saving money?
Saving money is a very important step in any financial organization project. After all, this reserve allows you not to be taken by surprise and still be able to achieve your dreams in the short, medium and long term.
One of the most common doubts about this theme is mainly how much is the amount to save money per month. In fact, there is no exact amount, as everything will depend on your financial reality.
An interesting way to consider when saving money is to think about saving around 10% to 15% of your net income - that is, after all discounts - monthly. Thus, let's assume that your net salary is $ 2,000, the ideal scenario is to save at least $ 200 after paying off all debts (to help you with these calculations, you can always use financial organization applications ).
How to save money to complete goals?
That said, let's go to the tips for starting to save and invest in your dreams!
Think about what this project represents for you
If you are starting to plan now and have questions about whether you can save enough money, think about everything this project represents: will it make you happier? Do you have this wish for a long time? Will you help you achieve other goals?
If the answer to these and other questions is yes, you will really be motivated to achieve your goals! Therefore, a good tip is to follow the next steps.
Set the cost of your project
First of all, do the math and define how much the project in question will cost. At this point, include all the expenses you can predict and add an extra to unpaid spending.
In the case of a trip, for example, add the costs of transportation (whether tickets or gasoline), stay, the attractions you want to visit and also an estimate of how much you will spend on food and local purchases.
Already in the case of a reform, remember the costs of material and labor and include an amount for possible unforeseen events (which almost always happen).
Make a calendar
Making a calendar and tracking the missing days to realize a dream can be a great motivation. Making this expectation more visual can be an extra incentive to save money.
Create goals and deadlines
Define how much you can save by month and put a goal to be reached until a predetermined date. When you define a date and amount to gather, it is easier not to compromise your entire monthly income and save money. When you set this goal, remember your personal projects and use it as a motivator.
#EXTRA: When you set your spending goals or make your financial planning, always round your expenses up and your income down. So even if an unforeseen event in home accounts will happen, you won't run away from your plan and it will be easier to save extra money.
Pay all the bills on the same day
Modify the due date of your fixed accounts to the same date, preferably right after your payment is dropped. So it is easier to organize all debts, because you pay everything you need at once and have a better idea of how much is left to spend the month.
Involve family members
Organizing finances is no task for a single person in the house. You need to create the habit of talking about money with your spouse and children. So involve your family members in these goals, explain your income monthly and talk about the need to save money.
This conversation is always valid but gains even greater importance when the plans involve everyone in the house, as in the case of family travel or home reforms. In such cases, talking to children and explaining that saving is what will make these dreams possible is essential!
Plan even with variable income
Who is autonomous suffers more when saving money, after all you can not know for sure how much you will earn per month. An interesting tip is to take the average salary of the last 12 months. Enjoy and analyze the minimum and maximum gains and if seasonality interferes with your income.
From this, it will be easier to start your planning. Start by raising your essential expenses and make sure they are compatible with your minimum income. This way, in the months when it exceeds the average, you will be able to save more.
Rethink your lifestyle
When buying, for example, avoid using both credit card and try to go shopping with cash or just with debit card, so you will know how much you can spend (if you want tips on how to save on the supermarket, it is Just click here!).
Regarding leisure, these small changes can also be made to save money, but without compromising your quality of life. Instead of leaving every day of the weekend, for example, choose only one and create other programs with family in others. It is also worth using coupons, knowing cashback platforms, opting for promotional dishes and enjoying free cultural programs.
Face the monthly savings as one of your expenses
so as not to fall into the "temptation" of using money that would be spared in other types of purchases, the tip is to face this percentage as a fixed expense. When you make your planning, you already include this amount and, on the same day as you pay all bills, send this amount to your reservation.
Save
The holidays, the 13th, the FGTS and other extra rents are often employed in what way in your planning? If you want to save money to make your goals, the tip is to save these values. Even because, now you may not be in need of them, but unforeseen events can happen and this extra reserve can help you a lot at these times.
Set how will you invest your money
Saving money may be complicated, but the worst is to invest it wrong and not be able to achieve your goals. Therefore, there are several possibilities, depending on your goal.
For the emergency reserve or for short -term projects, it is important to opt for an investment that has a high liquidity, ie you can withdraw the invested amount quickly without losing money. Savings are an alternative that works in this case, as is the CDB.
For long -term investments, you will be able to opt for low liquidity options and greater profitability, such as investment funds, Treasury Direct or private pension.
After all these tips, was it easier to think of ways to save money?
