How to save money

bag of money

Saving Money

Below are five tips that should put you on the right path to saving money.

Set up standing order to savings
By automatically shifting the money into your savings account, you will reduce the tendency to spend it, knowing that you will have to transfer the money back into your current account in order to do so.

Measure where your money is going
This post [lifehacker] shows you how to measure your finances in a way that is useful, and quite revealing. If you can see what your perception of your spending, and compare it with the actual spending you will be able to see where any discrepancies lie, and be able to act on it. The next point addresses just that. Read more »

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