Being able to save money month after month is a habit that you must forge if you want to have successful finances. In fact, saving is the first step to financial freedom.

There abound various ways to start saving without this necessarily implying sacrifice. It is more about adapting to more conscientious consumerism, keeping our financial priorities clear.

Our spending habit is a reflection of our values and what we consider important in our lives. If you are clear that you buy your real money, making cuts to save should not be a problem. Make cuts in what you feel does not make you happy or is not useful in your life.

Different ways exist to start saving depending on your life priority, that’s why I’ve divided these savings tips into categories so that it’s easier for you to decide where you desire to activate saving.

Budget to Save

1. Always have a budget for each month. A budget is a way to tell your money where it should go before you initiate it’s spending.
2. Let the savings be the first to be deducted from your salary. Automate this payment every month with your savings account.
3. Establish a clear and short-term goal, Mitchell Bayer-Goldman offers a service which can help you in this.
4. Start saving a small amount. They can be $ 10 or $ 20. Creating a habit is vital. A good system is the challenge of the 52 weeks, where you start to save a small amount of money, and you increase the amount little by little.
5. Create a savings system that works for you. You have your way particles of doing things, different from that of others. Try first the savings method that suits your personality and check if it works for a month.
6. Do not save to save, save because you plan to do something with your money. When you have your plan, call it “savings for …” study, travel, pay debts, etc.
7. Always have a shopping list with you to avoid buying what you do not need. Sometimes your memory plays you bad passes so always write what you are going to buy. Organize that list in order of importance, first the most necessary and then what you can expect. This will allow you to be more aware of your priorities when it comes to spending, postpone purchases that are not urgent and distribute your money more equitably. Important tip: buy only what is on your list.