Earning money is cool. Spending money is also cool. Do you know what’s the coolest of all? To earn more than you spend!
After all, this is the only way for you to always have enough money. How to plan your spending so that you don’t have to get into debt?
Here are a few tips on how to do it!
Over the years, Jiji, the largest marketplace in Nigeria, allows buyers and sellers to save a significant amount of money and get profit.
Join us today!
Planning
To save a big sum of money without having to deny oneself all the joys of life, follow the principle of 20/50/30, where 20% of your income goes to savings, 50% is spent on indispensible things, and the remaining 30% – on your own whims and wishes.
This is an ideal proportion that you should always try to keep to.
Credit cards
Use cash instead of cards: when you do not see your money, it becomes easier to spend it and it gets wasted almost completely unnoticed.
Besides, if you take a limited amount of cash with you for the day, you can avoid unnecessary expenses. You will simply have no chance of buying anything that you don’t need.
Buying cosmetics
This is a rather controversial point, but vital for any beautiful woman. All advertising of cosmetic products refers to the natural ingredients used in them.
Therefore, many cuties shamelessly give away half of their salary for the natural product. Let’s just ask ourselves: why spend money on well-known brands producing natural cosmetics, if there are lots of simple recipes for the skin and hair care on the basis of available and cheap products?
Repay your loan with another card
If you have a credit card with a large loan on it, and the time when you can refund it without paying any interest, is starting to run out, you can open a new card and transfer money from the new card to the old one.
However, you’d better not take a loan that you cannot refund in time.
Divide by your daily earnings
Divide the cost of goods by your daily wage to avoid a costly purchase.
Calculate how much money you earn per day. Then divide the amount of money needed to buy the desired product by your daily earnings. Think about whether another pair of shoes is really worth 20 days of your hard work?
Rent part of the apartment
Don’t pay for the space that you do not need. This mostly concerns the housing that you rent.You can arrange this with many landlords.
Think about the effective use of space. Do not rent the whole apartment just for yourself, if you can rent just a large room and save some money.
Over the years, Jiji, the largest marketplace in Nigeria, allows buyers and sellers to save a significant amount of money and get profit.
Join us today!
