How to learn to save money with small incomes and not spend

The content of the article

Everyone faces the problem of lack of money. Even the oligarchs do not always have enough for the needs, just the needs of people vary. At some point, the question arises of how to learn how to save money, so that, starting from a small and a big salary, extra income, accumulate a certain amount for the right thing, a long-awaited vacation at sea, realize your dreams, just replenish your wallet or collect the insurance amount for crisis situations.

How to save money

How to learn to collect money in the modern world? Many who decide to start saving, rush to extremes, start saving absolutely all the money and stop buying even the right products, cut back on their diet, live on the principle of “home – work” without holidays and entertainment. An impressive amount can be collected, only the joy of life disappears, and the money deposited in a small egg, due to inflation, will still gradually depreciate.

In order to correctly develop the ability to save, learn to control the budget and not give up a full life, you should initially review your costs relative to profits, assess the feasibility and priority of spending, the importance of large purchases in the future. Often, after compiling such a list, it comes to the understanding that a significant proportion of the salary goes to completely useless goods and entertainment.

Right goals and benchmarks

Thanks to intrusive advertising, a modern consumer has developed a strong dependence: you need to constantly buy new equipment, clothes of famous brands, so as not to be known as a rogue in the eyes of others. The only problem is that everyone else is exactly the same drug addicts from shopping with imposed stereotypes. The new iPhone or car model is rarely much better than the previous one, and the importance of public opinion is greatly exaggerated.

Regardless of what you want in the future (buying a car, equipment, rest, something new for relatives), it comes to the realization that this requires a certain amount to be allocated from the budget. You should determine for yourself how urgent this purchase is. The first rule to be followed is that the deferred amount should not infringe on a full life. Experts recommend starting to set aside monthly minimum amounts (10-15% of income) immediately after receiving a salary. This will form the habit of counting on a specific amount for a month.

It’s really right to save on really needed things, to understand how to learn how to easily save money is simple. For example, to buy a beautiful, but low-functional gadget will be stupid if the market is presented even more expensive, but modest and most useful. Another example: the refrigerator broke and at the same time a vacation is planned – which is more important? The absolute majority will say that technology is right. The refrigerator is a thing of constant need, and rest can be reformatted to the prevailing reality.

Columns of metal coins

The creation of “airbags”

No one is safe from emergency situations: accident, instant price increase of goods. Many of these moments are unsettled, because people are not financially ready. In order to avoid such a situation, a stock of funds should be set aside monthly. Naturally, this will be a certain amount of the total income. Everyone determines its volume for himself, but experts suggest putting about 5% of income on such an inviolable reserve. Therefore, you need to know how to learn how to correctly save money, and where to keep a financial pillow.

Accounting for income and expenses

Another way of indirect savings is to write to a table or chart all financial transactions for a certain period of time. In this case, you must enter in the column “cost accounting” absolutely everything up to the fare and candy purchased at the sudden request. Practice shows that in the analysis, it becomes obvious on which spontaneous purchases, unnecessary expenses you can cut down additional costs and understand where most of the money goes.

Check out the service for entrepreneurs to conduct KUDIR electronically.

Saving mode

Saving – does not mean that you need to deny yourself everything and live on water and bread. This means that you need to abandon the useless expenses that occur on the principle of “just wanted.” The deferred money is not used for anything other than its purpose (emergency situations do not count). Savings are control over the communal component of life (water and electricity consumption), refusal from excesses, such as constant meals in cafes and daily hangouts in clubs, aimlessly investing money in entertainment (donate to online games).

How to learn to save money and save

Oddly enough, according to statistics, people who grew up in an era of scarcity can save and accumulate money much better. This is due to the fact that a product or service had to wait, and quality was checked. Even in modern realities, representatives of the older generation give priority to quality goods and maintain a family budget. This is the main principle of saving and how to learn how to save money – not to buy something that does not work longer than its warranty period, use only proven services with a guaranteed result, refuse unnecessary purchases.

Shopping list

A good habit and a way to save money is not to go to the grocery store without a list. Without it, a person is at maximum risk of spontaneous purchases and, having come for milk and bread, can leave with a full basket. It is advisable that prices are also listed, and money should be taken in excess of the entire amount by a maximum of 5-10%. Then even the most difficult habit of spending on something unnecessary will break into an elementary lack of cash.

Girl with a pen

Refusal of loans and credits

In this case, everything is simple, the desire to buy something momentarily on a quick loan often erases the realization that a large amount will have to be returned with interest, in fact – to buy a thing more expensive than it costs. Moreover, most consumers are quite capable of storing up a certain amount. To take a loan or a loan is justified only in emergency cases (does not apply to business and its development, but this is a completely different topic).

Shopping as needed

The purchase of things should be as much as possible subject to expediency. Bright discounts on branded goods, giveaways push for rash purchases (often women), which subsequently only take up space in the closet. Psychologists recommend that when there is a persistent desire to buy something, wait a day and think about the need for this thing. As a rule, the next day the temptation to spend money is useless.

Diet Review

It is not necessary to switch to a minimum set of products in order to save. From the list of food costs, you can see how much goes for useless purchases in terms of nutrition: chips, soda, fast food, small sweets. In addition to a significant blow to the budget – this is also a significant harm to health. It is worth abandoning them – this will give real savings and the ability to send money to more useful expenses.

How to learn to save money with a small salary

Low salaries haunt most residents. Moreover, it is considered insufficient by all segments of the population. However, you can save a certain amount even from a small income, if you plan expenses correctly, abandon thoughtless spending and monitor expenses. The main thing is to accustom yourself to really look at purchases and their importance in the context of the current day, and the principles of how to learn how to save money correctly are always one.

Housing and Utility Costs

These expenses are in second place in terms of volume after food. Modern technologies will help to save on a communal apartment 30-50% (LED lamps, solar panels, water pressure regulators, aerators for cranes). A one-time investment in such devices pays off in a month. Separately, you need to accustom yourself and others to monitor the excessive consumption of electricity, water and gas, do not turn on appliances unnecessarily.

Money, bills and calculator

Saving on food

First of all, you need to review your diet and research the market to replace branded products with cheaper, but identical in quality, analogues. Comparison often works in favor of budget options (pasta, cereals, milk, etc.), because they focus on the product itself, and not on the bright expensive packaging. You should refuse food in cafes and paid canteens during working hours, and take lunch with you from home (in addition, it is also more useful), you need to wean yourself to buy excess.

Bad habits

The rules of economy apply to this area as well. Simply calculating the amount that goes to cigarettes for at least a week helps to give up tobacco effectively, especially for those who smoke a minimum pack a day. A daily bottle of beer in the evening, not to mention the large amounts of alcohol consumed, also seriously adds to the expense item. This is even without mentioning the harmful effects on the body. Therefore, it makes sense, if you do not completely get rid of bad habits, then do not regularly spend money on them.

Recreation and entertainment

Not everyone is ready every night to sit at home in front of a TV, computer or book, learn to appreciate loneliness. Man is a social being who needs emotional discharge and a change of activity. An adequate replacement for regular clubs and going to the cinema can be communication with friends and acquaintances, spending time together without significant costs for entrance tickets, overpriced prices in a bar or restaurant. There are many options:

  • company trips to nature: even in the city, you can relax without unnecessary expenses;
  • parties at home instead of clubs and discos;
  • free events hosted by the city administration or institutions.

Ways to save money

How to save money and not spend it unnecessarily? Competent savings will help to accumulate cash even with not the highest salary. Their accumulation may look like storage at home or investing in securities, metals, and currency. Most banks offer to open savings accounts, where the funds will gradually generate income. It is worth recalling that putting money at home in a piggy bank does not justify itself in the modern economy, because inflation will gradually depreciate it.

Five Envelope Rule

The principle of such a distribution of money is to properly dispose of the funds. From the entire family income at the beginning of the billing period, the payment of utility bills, transport costs, compulsory payments (loans), daily necessities, and a deposit part are deducted. The remaining amount is divided into four envelopes: one for each week of the month. The point is that without extreme need the next one is not opened until the end of 7 days (ideally – until the money runs out in the first). Fifth envelope – safety for the rest of the month.

Money in an envelope in the hands

Opening targeted savings accounts

Banks offer services for the accumulation of funds at a variety of percentages. It is important to remember that a serious financial system that has been on the market for many years will not offer sky-high annual interest. Let it be a small income of 5%, a slow accumulation process, but in a time-tested bank. Gradually, the amount in the account will grow, and the client will have a guaranteed supply of money. Important tip: putting a large sum into one organization is not the most sensible idea (even Swiss banks are not safe from force majeure).

Free money should be profitable

The process of accumulating finance must be profitable, otherwise inflation will reduce it. In addition to bank savings accounts, stocks of companies and the purchase of apartments for rent or shares in a developing business are gaining popularity. This does not require sky-high capital. For example, people who invested in the development of a spiner (collected $ 10 each) now earn on a common mania without doing anything. You need to find the most attractive way to invest free money and get, albeit a small, but constant profit.

Which bank is better to save money

It must be remembered that the accumulative deposit (deposit) and account differ significantly in terms of the use of funds, the possibility of early withdrawal of money and interest rate. When choosing, you should take into account these nuances that increase your capital, and not stay only “with your” savings. There is no definite answer as to which method is better, since these types of accumulation pursue different goals for the bank itself and for the depositor. TOP offers on savings accounts and deposits, regardless of financial goals:


Bank’s name

Cumulative Offer Name

Annual interest rate

Minimum investment amount, rub.


Sberbank of Russia

Replenish Bank Deposit

From 3.70



Alfa Bank

Valuable Time Bank Card Account

Up to 9%



VTB 24

Credit Card Savings Account

From 4%

No lower limit



Monthly Income Contribution

From 6.5%




Contribution deposit

From 7.80%


Rate the article
( No ratings yet )
Add comments

;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: