Hallo there
I promised a follow up article on money matters, so here's a few ideas:
By reducing debt, is probably the first and important step
towards your goal to save money.
Start by paying off the account with the highest interest, or start squashing the smaller balances first,
then use the additional funds from that, and utilize it as an extra payment for the highest debt balance.
Draw a bank statement and take some time out to have a look
at your bank charges, maybe there’s a more cost effective package you can take
out, instead of the you are using now. Keep track where money is going to.
See where you can
save by reducing your budget of if there’s regular activities you can cut back
on. If you eat out often, maybe start there.. Open a savings account and allow a debit order for
funds to be transferred directly into your savings account. The amount can be minimal, and once you have
saved on some other expenses, start increasing the amount. When doing grocery shopping, stick to
budget and shopping list.
Little changes can add up to big savings on expenses.
A smart way to save on money is to start buying Christmas
gifts now already, instead of forking out a lot of cash to buy everything at
once, and now everything is still reasonably priced.
Thanks for reading!
CK xxx
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