Do you find it difficult to handle your money? Does going to the counter to pay at the end of the month bring you out in a sweat? Then read this article We tell you how you can become a super saver.
1. Keep an eye on your outgoings!
A quick burger here, a coffee to go there: If you want to save, the first thing to do is to get an overview of what you are spending your money on. However small or large your outgoings, draw a balance at the end of the month and reduce what you are spending. There are now some apps that are really good for this, such as: “Ausgaben Manager Tracker”, “Monefy – Expense Manager” and “Money Manager”, all available for Android and iOS.
2. Plan your budget
Now you know where your hard-earned money is going. The next step is set yourself a fixed budget. For example, put aside 100 euros for clothes. Once it is spent, you’ll have to wait until next month for those new shoes. Some banks even offer sub-accounts or “spaces” you can use to save for future outgoings.
3. Avoid impulse buys with the 30/10 rule
Conscious consumption is not easy. If you want to buy something, think about it first and apply the 30/10 rule. Note down big purchases on your 30-day list. For smaller purchases, take 10 minutes to think about it. If, after this time, what you are buying still seems useful or absolutely necessary, buy it. For anything else, stay strong and keep away!
4. Share the costs for Spotify, etc.
Increase your enjoyment of music and save money at the same time! This is how it works: Spotify, Apple Music and Deezer normally cost about 10 euros per month. Family accounts can be used by up to six people and cost 14.99 euros. This is just 2.50 euros a month, instead of 9.99 euros.
5. Save your change
Whether it’s in your piggy bank or it’s digital, some banks are already offering change saving options. If you pay 8.76 euros on your card, 24 cents is automatically transferred to your savings account. The savings can add up quickly.