It seems as if money never reaches anything. Arriving at the end of the month, sometimes, becomes an odyssey. There are hundreds of things to spend on and income goes in the blink of an eye. However, there are several methods to save money at home and get it to reach, even over.
The key is the method. You never know where the money is going to stop because you also do not track it with judgment. And it is not enough, simply, because it is not administered properly. You have to see what you could end up with if you apply the correct method.
Saving money at home is essential to maintain healthy finances. You do not need to earn large sums to be able to live with some slack. What is required is the willingness, dedication, and patience. Here, there are some keys that oriental philosophy gives us to manage money.
The Kakebo, an excellent method to save money at home
The Kakebo is a Japanese method, created in 1904. As it is appreciated, it has more than a century and still applies throughout the world. It was a technique devised by Motoko Hani. His goal was to save money at home by rigorously controlling expenses. In passing, it contributes to a personal evaluation in the way of spending.
The Kakebo is a simple logbook. It works in a very simple way. At the beginning of the month, income and fixed expenses are recorded. That is, the amount of money that goes in, yes or yes. And the amount of money that goes out, without a doubt. When determining these amounts, we know how much can be allocated to other expenses, if possible.
Based on this, the idea is to set a savings goal. This applies to both fixed and surplus expenses if any. Also, you should think about what that savings will be spent. This is only the first part of the method.
The second part consists of writing down all the expenses that are made. One by one, each time they are made. At the end of each week, you should review the record and evaluate what the money went through. This gives clues about how to spend and allows you to find the keys to save money at home.
The challenge of the 52 weeks
It is a very old method to save money at home, but, lately, it has become valid. The most important thing is to be willing to meet the challenge, maintain consistency and be patient. The results can be extraordinary.
You should simply save for 52 weeks, every day. The first week is only required to save 1 euro per day. The second week will be two and so on, successively until the time indicated is completed. As in the end, the sums may be impossible for some people, you can set a ceiling of 200 euros per month maximum.
The challenge of the 52 weeks can also be done in reverse. This means that you start with a saving of 52 euros and then this amount decreases. Sometimes, it is easier to do so, because at the beginning there is more motivation.
Other tips to save money at home
Orientals have a philosophy that is more focused on renunciation than on accumulation. That is why they have managed to create austere lifestyles that allow them to have more control over money. Representatives of Zen have given the advice to save money at home. Here are some of them:
- Visit libraries more frequently. You do not spend a penny and, on the other hand, you have a good time and you learn.
- Replace the car with public transport or, ideally, the bicycle or the walk.
- Take home-made food to work. Eating out generates big expenses.
- Decrease the consumption of tobacco and alcohol. Not only can you save money at home, it also helps you to have better health.
- Drinking water. Replace with soft drinks or other drinks. This is good for the body and avoids unnecessary expenses.
- Do the home repairs by yourself. It is not necessary to pay to make minor arrangements that one can only make if you insist on it.
- Save energy. There are many ways to save electricity, gas, gasoline, etc. Only common sense should be used.
- Consume natural products. They are cheaper than frozen ones, they taste better and cost less.