How You Can Increase Your Savings

Personal finance

Are you looking to increase your savings? Do you want to beef up how much money you have stashed away? I’m here to help with that!

What’s the quickest way to increase your savings?

Improve how much money you have coming in.

You just have to make more money. There are no shortcuts or secret formulas to accumulating money. Anyone that tells you there are, is simply trying to sell you some sort of a dream. Don’t buy it!

The best way to do this is to find a side gig that you can do on the evenings or weekends. The hidden benefit of working extra hours is that you now have less time to spend money. When you work on a Saturday evening, you’re forced to avoid the bar for a bit or random occasions. This means that you make more money and save more money.

Before you try to rip my head off, I do realize that this isn’t very fun. That’s true. I’m sorry about that. This isn’t an article about selling dreams or making you feel good. This is a wake up call. If you want to save some serious money, you need to find a new gig, and hold on to your new found cash. Once you begin to do this, you can slowly start to get ahead of the game. The more money that you save, the more addicting that it will become.

How do you deal with time management? Let’s look at how you can still survive with less free time now that you’ll be working more…

  • Cut out the crap. When you’re busy working, the little things don’t matter any more. Who cares if you miss Jersey Shore? Who cares who said what about you? You’re busy and don’t have time to waste.
  • Eat well. The trick is to eat well. This is advice that we all know, but just don’t apply. It’s much easier to grab a BigMac than it is to cook food. If you hate to cook, you can grab a couple of cans of tuna with some almonds. You can sneak in some egg whites, protein shakes, and beans. The better that you eat, the more energy that you’ll have to work hard and save up that money!
  • Let loose when you’re free. If you have a night off or time off, you deserve to let loose. You need something that keeps you sane. It helps to have something to look forward to after a stressful period of time. Plus, you’l have more money to spend on what you enjoy.

That’s how you can increase your savings. With your beefed up savings account, you can pay off that debt, finally start that business, or travel more often. You worked for it, so you owe it to yourself to enjoy the money now.


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One Feedback on "How You Can Increase Your Savings"

David @ Bankruptcy Canada

Who would not want to increase his or her savings? It’s hard of course but it can be done. You can eat a lot but you do not have to spend much. Be prudent in spending and you can save. Thanks for the smart tips.