Accumulation of money
Accumulation of money
For many people, the accumulation of money becomesa serious problem, because there are too many temptations to spend all the cash. At the same time, if you take up the accumulation with the mind, it can be not only effective, but also interesting.
Instructions
1
Determine how much and what you wantaccumulate. In this case, it will be easier for you to orient yourself in how much you need to put off. Do not make accumulation too burdensome for yourself - it's easier to postpone little by little, but regularly.
2
Calculate your budget and you will be able to understand yourOpportunities in accumulation. Determine the amount you need for compulsory expenses - food, transportation, utilities and others. Subtract this amount from your income. You will get an amount that you theoretically can save. This amount can be deferred both in cash and in the bank account. If you do not have enough money after calculating the budget, think about reducing costs. For example, a good opportunity to save money is refusing business lunches in favor of dinners brought to work from home.
3
Start to keep a daily record of income and expenses. This will help you to spend money competently and to refrain from unnecessary spending, therefore, to postpone more money.
4
To accumulate cash in cash, useTraditional piggy bank. The main thing is that it should be disposable, without the possibility of opening it at any time. The need to break it will keep you from impulsive spending. Note that this method is suitable for the accumulation of small amounts in a short time. In another case, it is not profitable to save cash, because the real purchasing power of money decreases because of inflation, and savings kept at home do not increase.
5
Open a bank account for storage andIncrease the accumulated amount. Choose a deposit with the possibility of replenishment - this will help you to save more effectively. Open an account in the currency in which you earn or plan to spend money. In this case, you will not lose part of the money for conversion. Also, when choosing a deposit, pay attention to whether the capitalization of interest is included in it. In this case, once a month or in a quarter, your interest will be added to the interest accrued for the specified time. This is more profitable than paying interest at the end of the term.
6
For individual situations, there are specificWays of accumulation. For example, if you want to save money for old age, it's more profitable to save money not on a bank account with low enough interest, but to participate in a co-financing program for a pension. There is a state program whereby if you contribute additional funds to your pension account, at least 2000 rubles a year, the state will double this amount. In addition, you can transfer part of your pension to a non-state pension fund. In this case, your pension funds will bring in more income, which will increase your pension in the future.
