Money Mindset Tips #1

Heyaa,

This is a new topic that we are bringing to NUA, I will be sharing tips and tools that are going to transform your financial life.

Today I will share with you a tip on how to start saving money, specially if you are someone that struggles with saving money.

Are you tired of saying you are going to save but cannot?

Never have extra money?

Is always counting pennes and feel frustrated with her financial situation?

Listen I have been there, and when I got tired of my own bs I started doing something!

I researched alot, and put a few things into practise.

One game changer was learning how to save.

Create a goal, how much monthly will I save?

Listen even if it is £5 a month, you choose a figure, attainable and that you know that no matter what happens you will be able to put that money in the bank account and not use it.

lets say you get paid £1500 monthly, all your living costs = £1200, you have £300 to play with maybe entertainment, clothes, etc. you choose £50 that goes to the saving account no matter what, you sat with £250 to play with, end of the month comes and lets say you have left £16, that is extra you can also transfer it to your saving account to add to your £50, or just pass it to your new monthly income, your choice.

The point here is to choose an attainable figure that you will be able to transfer it only without struggling or needing to go back to the saving account and use , get it?

2. Transfer it monthly

This can be transferred to a normal savings account, an ISA, or premium bonds, you choose. Allow yourself to create the habit of saving.

3. That money does not exist

Act Like that money does not exist, remember you are usually saving for a cause, can be for your emergency fund, investment, holiday, you name it.

If you want to see it grow, ensure the account is open to receive.