By Saurabh Sachdeva
Some people say I just can't save money, while others have saving accounts full to the brim. What is the mindset that make some people save and while others just can't do it. How to convert from a person who cant save to have a saving account you can boast off?
Saving money is just as much part of your personality as anything else. You are either a personality type that can save money or you can't. The good news is that, this part of your personality can be re- trained and you can slowly but surely making saving money a part of your daily routine. Brain is like any other body part and has to be trained to become good at anything. For example, you do not loose weight the day you start dieting or you do not learn to drive a car in the first
lesson.
The key to getting started is small, and altering a very important mindset, it is not about making huge savings all the time but, simply adopting a small principle that, every little adds up. This one principle is the most important aspect of getting in to a habit of saving money.
Looking for that £100 to put in you saving account will not do the trick, especially if you are not a money saver. Making a habit of small £1 savings or any amount for that matter will help you slowly build a habit which would transform into a bigger lump-sum over a period of time.
You have to train your brain, hence altering your personality to make saving a habit. And, like any thing else in life you have to start small, learn from your mistakes and persevere to make saving a habit and part of your personality leading to fruitful results.
So the key message is, start small, just open a savings account or buy a piggy bank or whatever you deem fit and just start with whatever you can save. Make it a habit to save any loose change or put any left over money that you can spare into your saving pot.
Another very important aspect to alter your saving personality is feeling good when you put that money aside. There are numerous reasons why you can feel good about it, to mention one, it is your money and it would come in handy when you most need it!
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