Super Saving Plan! :D

            Are you having a hard time saving money? You always promise yourself to spend more wisely and save more cash. Every time you see things you like, you look in your purse and get disappointed, because you don’t have enough money to buy it. You want the things you can’t have? Well that feels awful. This is the key to your financial problems. Here are the steps on how to save money that I have read from the January – February 2012 issue of Candy Magazine.

            To start, the first step is to keep a journal for your cash plan. Think of the things that you want to have and the goals you want to achieve. As much as possible be specific on their amounts. Arrange them, on the top are the most important down to the least important things you need. Second, formulate a chart that will help you track all of your saving and expenses. Taking note of everything will help you see the difference of your savings every week. Check the latest saving you had, if it is lesser than the week before, you can adjust as early as possible. Try to minimize spending money for things you really don’t have to buy. Third, set a monthly goal and target to keep you focused on what you are saving for.

            To have an idea of the total amount you’ll get for a year. The next step is to calculate your daily allowance and multiply it by the number of school days you have. This step will help you see if the amount you saved is enough for everything you will need. The fifth step is to store your saved cash in a special locked box or bank account. This will help you cash in your saving easier with no hassle. This will also secure your money to avoid loss and confusion on where you kept your savings.

            Sixth, in every goal you set, estimate the cash and find out how far ahead you need to start saving. For example, you have to pay for your field trip. You might need to start saving a few months before the deadline payment since you need to pay for transportation, food and other needs. Last step is to make it a point to regularly write on your cash journal. Note all your expenses no matter how small they may be.

            You may be shocked to find out that buying candy individually from the school canteen (Two Pesos per piece x Twenty days a month = Forty Pesos) actually costs more than buying the whole pack from the grocery (Twenty-five Pesos for a pack of Fifty Pieces) You instantly save Fifteen Pesos from your allowance or One Hundred Fifty Pesos for Ten months for the whole year!

            Voila! You’ll have your wallet loaded all year round! You just have to be wise and thrifty. Be productive so you can save more. In following these steps you’ll save money in an instant. Just always remember this super saving plan.