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How to make saving money a habit
Whether you’re going through a difficult financial time, or simply want to optimise the funds you have available to you, it is important to have a repertoire of savings strategies in your arsenal for when you need it.
According to globally recognised personal finance guru, Dave Ramsey, you’ll only save money consistently when you internalise healthy money habits. There are loads of practical ways you can save money in your household, but this article will focus on the ways that promote habit-forming money-saving practises that anyone could follow.
Plan and prepare your meals in advance - In this way, you will be less likely to opt for takeout, which can cost an arm and a leg and tends to be prepared in unhealthy methods and quantities. Groceries are cheaper when you’ve planned your purchases, because this helps you avoid picking up extras. It’s true that this practice takes more time, but several sources, like Forbes, TheSimpleDollar and Food24, cite it as a money-saving trick.