“Unlock the Secrets of Savvy Savings: Discover 44 Proven Tips the Wise Old Man Knew!”

"Unlock the Secrets of Savvy Savings: Discover 44 Proven Tips the Wise Old Man Knew!"

CMelody , SmartSign / Flickr Report

If the 50-30-20 is too rigid, you could try the 80-20 trick. This is when you put 20% of your salary into savings, and spend the rest on whatever you need or want. Either way, financial experts advise that you always try to set aside 20% for a rainy day.

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It might seem impossible to save a fifth of your salary every month. But you’ll be surprised what you can achieve when you get creative. There are some clever ways to free up your spending money, and use it towards savings. As many of the netizens featured here have revealed.

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“The Old Man Was Onto Something”: 44 Money-Saving Tips That Actually Work My father telling me to never go to the grocery store hungry. When I first moved out i used to get high and go grocery shopping and spend tons of money on random snacks.

Once I realized the old man was on to something I’d always go grocery shopping shortly after having a meal and spent dramatically less.

D-BO_816 , Image by freepik Report

Are there subscriptions you could do without? Are you wasting money on takeaways? Do you have bad habits (like smoking) that are depleting your bank account? Have you considered making gifts instead of buying them? Scroll through this list and find the tips that work for you. Then implement and stick to them.

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“The Old Man Was Onto Something”: 44 Money-Saving Tips That Actually Work In all honestly, looking at my spending nearly on a daily basis. It’s easy to forget about the small purchases, and those add up quick.

The more you have your eyes on it, the more you will be on yourself about spending. Then it almost becomes like game or challenge to see how much you can save once you get some good rhythm going.

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