One of my big resolutions in 2014 is to have my targeted saving come true.
I was not a saver when young. I bought things (some even expensive things) based on my wants more than my needs. I wish someone could’ve taught me the word ‘discipline’ instead of just telling me to stop doing this and that. I have chronic case of wanderlust, so traveling is absolutely one thing that I couldn’t and wouldn’t skimp on. But to make it fair, I almost never took a repeating trip eversince I started my traveling journey – cos my goal is to see and learn new things.
From my first paycheque up till today (6 years that is), I’ve taken trips to Thailand, Vietnam, Singapore, Malaysia, The Philippines, Indonesia (overland Java – Lombok), Hong Kong, Japan, Europe and have moved around in 4 countries including opening up a business. So how much saving do I have? Go figure.
They say it’s never too late or too young to start saving. I guess I’m just right in between when I already have most of my travel dreams came true (err.. not true actually! the more you travel the more you wanna travel! but!!). Anyhow, here are some of my 10 tips to save money. Not to say I’m an expert, heck i’m far from one, but I hope you can find it useful.
This post is somewhat inspired by this writing.
10 Tips To Save Money ala Me!
- Buy something only because you really need them, not because “who knows if I’ll need it in the future?”, or “but it’s on sale!”. Why spend money when you could’ve not spent it.
- But reward yourself with something you’ve yearned for once in a while. For example, for being able to save $100 a month?
- Invest, invest, invest! There are many ways to invest, including buying high-quality stuffs that last really long time. For example, rather than buying several mediocre cheap lipgloss-es, buy 1 Chanel Allure lipgloss (oops! obsession revealed!)
- But of course there are many other ways to properly invest – gold, mutual funds or stocks. Start small, now you can buy even 1 gram of gold online anytime you like. Before you know it, by the end of the year you could’ve had a virtual goldmine
- Take care of your health. Drink mineral water, eat whole food, rest well, take it easy, and lastly, exercise. If ‘exercise’ makes you shudder, it’s no different from what I’m experiencing. But i’ve tried my best to take my dogs out for walk at least 2km a day. And if you’re worried about gym budget, you can always look up for ‘short exercise at home’ on YouTube. Why? Because it costs more when you’re sick.
- Prioritize, prioritize, prioritize. Some people prioritize their study, while some other prioritize their family, or parents’ healthcare. Write them down in one piece of paper and plant that in your memory each time before you start spending money.
- Homecooked leftovers VS processed food? Of course homecooked leftovers! Not only it helps you save by cooking, but it guarantees you health. I’m gonna touch on “homecooked food” topic in the next posts.
- Cook whenever possible, even if it’s just simple stir-fries. Cooking is just one of the basic skills all people have, just like singing or drawing. It trains you to be confident and reward you with self fulfillment.
- DIY if there’s an option. Not only most of the times it cost cheaper, but the satisfaction that it offers is often times beyond measure.
- Why do you need to save money? Because nobody ever knows what tomorrow can bring.