6 Secrets to Saving Money

Jun 5, 2019 | Uncategorized

”It’s not how much money you make, but how much money you keep, how hard it works for you, and how many generations you keep it for.”

Imagine how you would feel if you had extra money every month. What would you do and how would that feel? Would you finally book the vacation you have been waiting patiently to go on? Or would you be able to pay off your debts and feel financially free?

No matter how your financial state is at this moment in time, each and every one of us has the ability to make a change and move towards achieving financial freedom. Sometimes, all we need to do is make one small change at a time and this will help us take steps in the right direction!

If you are ready to have more money in your monthly budget and ready to live life worrying less about finances, here are six ways you can start saving money today:

1.First, change your money mindset.

Let go of any limiting beliefs about money. Set goals and start to develop a loving relationship towards money. When you do this, money will begin to work in your   favor!

2.Open a savings account and authorize electronic payments for saving.

Opening a savings account enables you to take advantage of electronic payment opportunities, which helps you to save more money each month and this can be done automatically!

3.Start to reflect upon your spending habits.

Is there anything that you buy weekly or monthly that you don’t really need?

It is common sense but the truth is, if you consume less and you will begin saving more money immediately and much more in the long run!

4.Establish a budget.

Establishing a budget allows you to reflect upon your income and liabilities, and become aware of where your money is going. Budgeting is the best way to organize your money and save much more over time.

5.Pay yourself first!

Every time you get paid, pay yourself first by putting aside 10-20% of your income. This will add up and soon you will have extra money at the end of each month to enjoy!

6.And finally, hire a financial planner who will help you organize your money faster!

ERPS Group is a one-of-a-kind financial firm located in Metro New York City that   offers a differentiated approach to helping people to achieve enduring financial results. They offer effective strategies that help to bridge the gap between financial freedom and personal or business goals.

Remember, “It’s All in Your Hands!”

Latest Posts

Money Freedom: Creating Wealth and Abundance on Your Terms

I remember this day like it was yesterday. It was a cold December night, late on a Thursday. I sat at my desk in my shiny new office, with its sleek glass walls and polished floors—the office I had always dreamed of. But as I stared at my computer screen, after paying...

read more

Investment 101: Pinpointing the Type with the Least Risk

Investing wisely matters greatly, and Benjamin Franklin’s words hold true: “An investment in knowledge pays the best interest.” When it comes to your finances, understanding the connection between risk and return is essential, especially in 2023. Beginners often ask,...

read more