Before you can really save money, you need to learn how to control your spending. Here at PiggyBank we know all about both of these vital life skills. We love to offer tips and advice to our customers, so here we’ll show you four excellent tips that will help you to set a budget and stick to it.
Let Cash Work for You!
At the beginning of the week, draw out enough of the folding stuff to last for the whole 7 days. This will stop you from using your plastic, and you will know how much you have left at any given moment during the week. This really does work, and it’s surprising how many of us seem to forget that fact.
Lose the Bad Habits
Smoking and drinking too much alcohol is not only bad for your health but it also seriously damages your wealth. Just give up these vices for a month, and you will be amazed how much money is left over. You may be encouraged to give up for good, or at least have an incentive to cut down.
Budgeting alone simply doesn’t work, and the more of your household that are on your side, the better! Work out a joint budget and encourage each other to stick to the plan.
Tracking your Spending
Even if your budget is going to plan, why not take another look at your outgoings and see if there are more savings to be made?
At PiggyBank, we hope you can take advantage of these tips; remember that we are always here to give friendly advice on any aspect of your budget and finances.
Sensible spending is an approach that all of us at PiggyBank are in favour of. We are a payday loan direct lender, and our service is designed to offer responsible lending to those who are in need of short-term loans and able to pay back within fixed and agreed repayment terms.