Learning to save and collect money: Psychologist's tips

Lots of people (and especially young adults) can't save or collect their money - it's always too tempting to waste them on something nice.

Meanwhile, if you have some financial goals, or want to save money on something expensive, it's time to change your habits.

Here are a few useful tips on how to be more reasonable with your money.

Set a Goal

Decide why you want to save money. It could be for something fun like a toy or for something important like school supplies.

Piggy Bank

Get a piggy bank or a special container. This is where you'll keep your money safe.

Save a Little

Whenever you get some money, like your allowance or a gift, put a small part of it in your piggy bank. It doesn't have to be a lot.

Be Patient

Saving takes time. Your piggy bank will slowly fill up with money.

Don't Spend It All

When you want to buy something, check your piggy bank first. You might have enough money to buy it without using all your savings.

Keep Track

You can use a notebook or a piece of paper to write down how much money you have in your piggy bank. This helps you see how close you are to your goal.

Ask for Help

If you have questions about saving or need help, you can talk to your parents or a grown-up you trust. They can give you good advice.

Celebrate

When you reach your savings goal, celebrate a little. It's like finding a treasure you've been looking for!

Conclusion

If it's hard for you to save lots of money, try saving just a bit - so you can learn your new financial habits faster.

Remember that saving money doesn't mean having no fun!
 

• Related news:
• money
• tips
• budget
• 26 September 2023

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