Have you been looking forward to payday in order to settle payments for your internet subscriptions, cable TV, car repairs, rent, school fees, food items and more? You are not alone. Many times, we have nothing saved up by the middle of the month because we spend over 73% of our salaries before they even hit our accounts.
The secret to saving money is to always remember the key goal: Spend less now to enjoy more later. Easier said than done, right? Not quite. After all, it always seems difficult until it is achieved.
Here are three simple strategies to help you save money easier, faster and more efficiently.
- Have a game plan: If you fail to plan, you plan to fail. Clearly write out your savings goals vis-a-vis your spending goals for the month.
- Save with Rosabon Earning Plan: Before you start spending, it is important to securely place your funds where it will grow. With Rosabon Earning Plan, you enjoy a secure, convenient and rewarding package that offers you up to 15% interest per annum while you place funds away every month towards achieving specific financial goals. Don’t dull your savings plan oh! With a minimum of N10,000, you too can take the next step to achieving your financial goals.
- Schedule your recurring payments: This will make it easier for your regular monthly payments to be sorted. All you need to do is set the days for the funds to be taken from your account (preferably a day or two after your salary reflects in your account so funds are still available) and you can continue to enjoy uninterrupted services you pay for every month.
There you have it! It’s time to start saving funds the right way. Take a deep breath and saving today. Oh… and if you have any other tricks to help you save after pay day, share them with us and other readers in the comments section.