When most of us are advised about saving money, we tend to give so many reasons we cannot save. You need not to worry as you are not the only one feeling apprehensive not to save. There are many people out there who feel exactly same and are not very forthcoming when it comes to saving. As humans, we often tend to be wanting more and more always. We want bigger house, bigger car, and more clothes, more of everything. And to get more of all these things, we end up spending lots of money, leaving no room for any sort of savings. However, things have entirely changed in the country over the last one decade. So, let us find out what exactly makes us apprehensive to save. So check your urge to have more and start saving your precious money.

In most cases, we save but we don’t make a plan on how much to save every month and for how long? With the lack of vision and plan, we become apprehensive to saving and end up spending all our hard earned money. So look for a diary and write your plan and vision regarding saving and look at this page in the diary, everyday. It will motivate you to save.

Always have in mind that benefit of saving money is not today but a few years down the line. What may come in the future does not really motivate us enough to give up something in the present. Hence, we remain apprehensive to saving and prefer to spend money in the present. If this is one of the biggest reasons stopping you to save, start doing short term goals. Begin with small monthly savings and stretch it to six months or a year. This way, you get to use the savings in the short term at the same time you build the habit of saving money.

There are many people who believe that if they save money they will lose it. So better spend it, at least you enjoy it. If you belong to this category, just look and find out the real cause of your fear which is stopping you from saving.

I think one of the biggest reasons that stop us from saving money is lack of motivation. We have several reasons to spend our money and thus a lot of motivation for the same. So you need to find motivation to make sure you have the numbers going up in your savings account. The best approach that you can adopt is for you to knot your savings with a goal or objective or a small reward. Once you have saved up to the target you set in the beginning, reward yourself. This positive reinforcement will keep you motivated to save.

If probably you postponed saving money, sometimes you say “From next month, I will start saving” or “From next year, I will start saving” is the promise we often make to ourselves, our friends, our husbands/wives, and so on. But often that next month or year never comes. We love to procrastinate and we happily keep procrastinating the decision to save money. So give a kick to your habit of procrastinating and starts saving your hard earn money now.

 By:  TIAMIYU ADIO ISMAIL 

When most of us are advised about saving money, we tend to give so many reasons we cannot save. You need not to worry as you are not the only one feeling apprehensive not to save. There are many people out there who feel exactly same and are not very forthcoming when it comes to saving. As humans, we often tend to be wanting more and more always. We want bigger house, bigger car, and more clothes, more of everything. And to get more of all these things, we end up spending lots of money, leaving no room for any sort of savings. However, things have entirely changed in the country over the last one decade. So, let us find out what exactly makes us apprehensive to save. So check your urge to have more and start saving your precious money.

In most cases, we save but we don’t make a plan on how much to save every month and for how long? With the lack of vision and plan, we become apprehensive to saving and end up spending all our hard earned money. So look for a diary and write your plan and vision regarding saving and look at this page in the diary, everyday. It will motivate you to save.

Always have in mind that benefit of saving money is not today but a few years down the line. What may come in the future does not really motivate us enough to give up something in the present. Hence, we remain apprehensive to saving and prefer to spend money in the present. If this is one of the biggest reasons stopping you to save, start doing short term goals. Begin with small monthly savings and stretch it to six months or a year. This way, you get to use the savings in the short term at the same time you build the habit of saving money.

There are many people who believe that if they save money they will lose it. So better spend it, at least you enjoy it. If you belong to this category, just look and find out the real cause of your fear which is stopping you from saving.

I think one of the biggest reasons that stop us from saving money is lack of motivation. We have several reasons to spend our money and thus a lot of motivation for the same. So you need to find motivation to make sure you have the numbers going up in your savings account. The best approach that you can adopt is for you to knot your savings with a goal or objective or a small reward. Once you have saved up to the target you set in the beginning, reward yourself. This positive reinforcement will keep you motivated to save.

If probably you postponed saving money, sometimes you say “From next month, I will start saving” or “From next year, I will start saving” is the promise we often make to ourselves, our friends, our husbands/wives, and so on. But often that next month or year never comes. We love to procrastinate and we happily keep procrastinating the decision to save money. So give a kick to your habit of procrastinating and starts saving your hard earn money now.

 By:  TIAMIYU ADIO ISMAIL