Do you have no idea what exactly your income and expenses are? Are you curious if there are opportunities to save money? We give you 5 smart tips to save more money! That gives you the chance to have more money left over for things that really matter to you. Saving for a new car? A luxury holiday? Your dream house? It can all go faster than you think. As long as you save money where you can. Read on quickly or download the free iBilly app right away if you want to start saving right away!
Tip 1: Make an overview
It is wise to make a complete overview of all your income and expenses. By putting everything together, it becomes clear where your money is actually going. You often forget small expenses that pile up unnoticed. By making a good overview you can immediately see what all your expenses are. Some expenses may be unnecessary or can be replaced by a cheaper version. An overview of your finances therefore immediately offers opportunities to save money!
Tip 2: Work with budgets
A budget is ideal if you want to save money. By determining in advance how much money you want to spend on something, you are well prepared. You make sure that you never spend more money than you planned in advance. You can use budgets for different types of expenses. For example, think of groceries, clothing or outings. That way you won’t be scared of your own expenses at the end of the month!
Tip 3: Have clear savings goals
If you are going to save money, it is smart to work with clear savings goals. First of all, it is good to think about what exactly you are saving for. Make separate jars for your different savings goals. That will keep you motivated to save! Next, determine your savings goals. How much do you want to set aside each month for your goal? How are you going to make that possible? If you have a clear list of how much money you want to save each month, you have a good chance that you will stick to it!
Tip 4: Be prepared for the future
Future expenses are sometimes unexpected. It is wise to map these out. This means that you have a clear idea of what costs will be incurred far in advance. You can take this into account by saving in advance. You can also save money by keeping a close eye on when birthdays or other holidays are coming, for example. In the summer you may already see a very nice Christmas present that is on sale at that time. Buying it right away saves you a lot of money!
Tip 5: Make smart choices
Do you know that? You walk through the city and see something you would like at every store. Impulse purchases often lead to many unnecessary costs. So try to wait a day if you see a nice jacket or pants, for example. Would you still like to buy it the next day? Then you can go back to make the purchase. You will often see that you no longer feel the need to buy the item the next day. This way you ensure that you only buy things that you really like and need!
Save money easily with the free iBilly app!
Would you like to save money but don’t know how to start? Does it all seem like too much hassle? We have developed the iBilly app for you! In our app you can see all your money matters at a glance. The app is 100% safe using highly secured connections. We also comply with all GDPR rules and privacy laws. Among the useful features of the app you will find, for example:
- Adding your bank transactions.
- All your income and expenses at a glance.
- Share transactions with people of your choice.
- Setting budgets.
- Entering your savings goals.
- Smart future expectations that the app calculates automatically.
- And more!
Would you like to use our handy app? Download iBilly now for free! Do you prefer to use various additional functions? Then choose one of our subscriptions.