To save, a verb that generates many talks and discussions. To save, is a good habit that is cultivated, and that, when harvested in the medium or long term, gives incredible results, with unimaginable benefits.
Of course, saving is one of the habits that the sooner we adapt, the better. No one disputes the multiple benefits of saving a little of our income for the future, with a goal in mind or to obtain economic stability.
However, one of the breaking points, when we talk about saving, is that you can’t do this while you’re still making expenses, because you have the idea that the act of saving is just to stack the money in an account and keep it stagnant.
Well, in spite of being the most common way, at the moment this one is being stopped believing that the accumulation of funds is the most effective method of saving.
Many people have begun (and successfully) not to stop accumulating their funds so they can save while they continue to make the most of their capital but how do they do it? in the following article we list some tips.
Is it possible to save while you spend?
Following somewhat caricatured examples, many people visualize their savings as a ship, in which their capital is located, while the expenses are torpedoes that pierce the ship’s hull and submerge it in the dreaded and deep “sea of debts”.
But what if we make our boat a submarine, capable of being able to “dive” into certain expenses without risk of ending up in the abyss? Here are some examples of how to make your “savings boat” a “great submarine”.
Let’s investigate and buy, intelligently
When you want to spend and save, you must make a commitment not to consume in stores with high prices, if you are going to buy clothes, consider that you may not be able to go to your store of preference, remember that you can spend, not waste while saving.
This, far from being a limitation, can bring us many benefits, since we can explore other options and alternatives because we did not know before deciding to cut costs a little, which can help us find an alternative much cheaper and of equal or superior quality.
Let’s shop diligently
At the time of making the purchases we should not have reservations when we have to make the payment of what we take, this because the items we carry in the cart are those with which we can prepare for the rest of the week. However, it is important to carry only the essential, leaving the tastes and whims aside.
By buying only what is necessary, we will be able to make the most of it and with it, we will avoid making emergency purchases, which do represent a risk for our “savings submarine”.
For example, when making the pantry, we buy products that give us a good performance, in terms of groceries, it is a good idea to buy everything necessary to prepare food for the whole week, so we will not spend on buying food away from home.
Consider a loan option
It may read paradoxical, but it really isn’t. When we apply for a loan that fits our possibilities, we are making our savings grow as well as an investment.
When a submarine submerges, it allows a quantity of water to enter its interior, however, the key to not sinking completely, is to let in the exact quantity of water. This should also be the case when applying for a loan.