5 Saving Strategies For Any Planning


For any person interested in saving towards a particular goal, having a strategy is an important piece of the puzzle. It doesn’t always have to be an elaborate goal, but can even be something as simple as putting money aside to buy a new TV set.  

You should make a decision on how you will avoid dipping into these savings and avoid deviating from your plan. Discipline is a major part of any saving strategies you may come up with. 

Make Saving Automatic 

Saving automatically monthly soon after you are paid is ideal. Open a separate account and set a debit order to go off your account as soon as your income reflects. If you have a debit order set up, this makes things much easier. 

Pay any high-cost debt off 

If you have any debt with double-digit interest rates, then pay this off first. This is likely to leave you with extra money, which you can direct towards your savings. 

Have a plan 

By setting a plan for yourself, you are more likely to stick to it. Make a commitment to saving and find ways of ensuring that you avoid the temptation to spend the money. 

Make saving a priority 

Ensure that you save 10-15% of your pre-tax earnings. Be honest with yourself about your spending habits. 

Create a budget and stick to it 

By tracking where the money is going, this makes you more aware of your spending habits. Don’t spend when you don’t have to and you’ll be well on your way to accumulating an impressive amount of savings. 

You also should consider that it helps to be flexible no matter the saving strategies you come up with.  


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