Over 60% of people live paycheck to paycheck
If you want to INSTANTLY save more money, do this...
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If you want to INSTANTLY save more money, do this...
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1. Pay In Cash
Most people buy on credit or debit
Paying in cash can save you a ton
Research shows we feel more pain spending cash than on card
Those who spend on card also tend to spend 100% more than those who pay cash
In short, use cash to your advantage
Most people buy on credit or debit
Paying in cash can save you a ton
Research shows we feel more pain spending cash than on card
Those who spend on card also tend to spend 100% more than those who pay cash
In short, use cash to your advantage
2. Start A Piggy Bank
We all used to have a piggy bank
As an adult, bring yours back
All of your loose change does add up and incentives you to save
Sometimes saving isn’t about getting rich
It’s about building the habits to do so…
We all used to have a piggy bank
As an adult, bring yours back
All of your loose change does add up and incentives you to save
Sometimes saving isn’t about getting rich
It’s about building the habits to do so…
3. Capitalize On Rewards
Most credit card companies will reward you handsomely with:
- Travel rewards
- Cash back
- Buyer protection
Tip: Always assess the cost of a card vs. rewards
You should know how much you must spend for it to be worth your while
Most credit card companies will reward you handsomely with:
- Travel rewards
- Cash back
- Buyer protection
Tip: Always assess the cost of a card vs. rewards
You should know how much you must spend for it to be worth your while
4. Use Automated Deductions
Your time is precious, don’t waste it managing your money
Set up automated deductions for:
- Bill payments
- Saving
- Investing
Once set up, all your financial responsibilities will be handled
This leaves you more time to earn and enjoy life
Your time is precious, don’t waste it managing your money
Set up automated deductions for:
- Bill payments
- Saving
- Investing
Once set up, all your financial responsibilities will be handled
This leaves you more time to earn and enjoy life
5. Rounding Up Purchases
Your Starbucks costs $4.35
Your card charges $5
You stash away 65 cents
When done numerous times, this can start to add up
When automated you will naturally saving money
All without having to think twice about it
Your Starbucks costs $4.35
Your card charges $5
You stash away 65 cents
When done numerous times, this can start to add up
When automated you will naturally saving money
All without having to think twice about it
6. Real-Time Cost Analysis
Never buy something without proper thought
Impulse purchases are what hold many people back
Ask yourself if you truly need the items you are buying
Be honest with yourself, money is rational
You need to be rational too
Never buy something without proper thought
Impulse purchases are what hold many people back
Ask yourself if you truly need the items you are buying
Be honest with yourself, money is rational
You need to be rational too
7. Counting The Clock
Every time you buy something, ask yourself…
“How much time do I have to trade to buy this?”
That $500 watch may not be worth a full week’s worth of your time
You’ll be surprised how many fewer things you buy when this is done…
Every time you buy something, ask yourself…
“How much time do I have to trade to buy this?”
That $500 watch may not be worth a full week’s worth of your time
You’ll be surprised how many fewer things you buy when this is done…
8. The Stranger Test
You see a shirt in a store you want to buy for $50
Before you buy it, ask yourself:
What would I want more, $50 or that shirt?
Chances are you would take the cash
If so, don’t buy it and save yourself the money
You see a shirt in a store you want to buy for $50
Before you buy it, ask yourself:
What would I want more, $50 or that shirt?
Chances are you would take the cash
If so, don’t buy it and save yourself the money
9. Internalize Saving
Are you a saver?
Most people don’t save because they tell themselves they can’t
Being rich is a mindset as much as it’s a dollar figure
Tell yourself you are a saver and you will turn yourself into one…
Are you a saver?
Most people don’t save because they tell themselves they can’t
Being rich is a mindset as much as it’s a dollar figure
Tell yourself you are a saver and you will turn yourself into one…
10. Invest Your Money
The best way to accumulate more once you have money is to invest it
You can:
- Invest in real estate
- Crypto
- Stocks etc.
The more it grows, the more you save...
The best way to accumulate more once you have money is to invest it
You can:
- Invest in real estate
- Crypto
- Stocks etc.
The more it grows, the more you save...
Speaking of investing...
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Get up to 10 FREE stocks worth up to $3,500 each from moomoo (aff): adamdelduca.com
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I write a daily thread on:
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Follow me for financial wisdom that will change your life forever: @Adam_DelDuca
I write a daily thread on:
- Financial management
- Building generational wealth
- Investing for success
Follow me for financial wisdom that will change your life forever: @Adam_DelDuca
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