I wrote about money saving techniques a while ago but I realized that before anyone can even get to that point, you have to actually tell yourself “I need to save” and then proceed to motivate yourself to start saving.
A lot of people can’t use their eye to see fine clothes/gadgets and stuff and ignore, they MUST buy. Self control is a major key when it comes to saving money. So, for today’s class kids 😜, we will be talking about the different ways you can motivate yourself to save money. So get your pens and paper 📝, and active imagination out, because it will come very handy in this class.
Imagine yourself becoming a first class beggar
Nobody likes begging for money, at least I would like to think that no respectable person likes begging for money. It is not a very nice thing to be at that point where you are so broke that you have to ask people (even though some people see this act as a hobby, but I digress). I’m not saying it’s a sin to get a loan from someone oh, the kind of begging I mean is that type when you’re at an all time low that even 20 naira is a luxury. I know not everyone has it easy or has a job/business they can save from but this can also be the ginger you need for you to get creative and figure out ways you can make money.
Have a goal
Saving money is always easier when there is something important we need the money for. For example, buying a house, a car, a new laptop, school fees, or changing your wardrobe. It doesn’t matter if you end up not using the money for what it was initially intended, life happens and plans change, but having a goal to save towards will help motivate you to save more.
Imagine losing your job
So you have a job and you’re feeling oh-so-comfortable like it’s your fathers company and you have salary for life…WAKE UP! Anything can happen at any time, so you must be prepared. Asides having a pension account for your old age (which is extremely important by the way) you should always have savings for rainy days/periods. Never get too comfortable with your job and salary. Put simply- try as much as you can not to live pay-check to pay-check.
Remember that the future is not as far as you think
If you are living life and not putting your future into consideration, what are you really doing? Yes we all know that being an adult is a bummer but at some point we actually have to wake up from our sweet childish slumber and do the work. You have to put your future in perspective in all aspects of life. Plan for your future house, car, wife/husband and children. Save now so that you and/or your future family won’t go hungry and resort to begging. Save yourself the embarrassment please.
Think “financial freedom”
I am a huge advocate of financial freedom for women but this point addresses both sexes. You MUST avoid financial bondage at all cost!!! As an adult, it is really not the best to depend on someone else for your financial needs. If there is an emergency, wouldn’t it be a huge relief to know that you have money saved up somewhere to sort it out? Wouldn’t that be better than running around like a headless chicken looking for who to borrow from? Yea, I thought so to.
So that’s all from me, now it’s your turn *hands mic to you* How do you motivate yourself to save? *spreads mat in comments section waiting*
Yours in financial freedom…hehehe
MUST READ: 4 MONEY SAVING TECHNIQUES THAT ACTUALLY WORK