By Krantz Mwantepele,
The secret to saving money is to make it a priority. But that only happens when you start to feel some emotion towards it and harnessing that emotion will make you move yourself to the top of your creditor list.
This is seventh and last post on the Barclays Savings Campaign with the theme of the heart and hand debate on which concept revolves around the behavioral insight of instant vs. delayed gratification. Spending today or saving for tomorrow. On the six past post I have elaborated more about this concept you can read more on this links http://bit.ly/2fqLPBB, http://bit.ly/2eeeXP6, http://bit.ly/2fweIeo, http://bit.ly/2eeeZX9
The Barclays Savings Challenge has helped me see this journey of saving money as fun. Previously, I used to save less, or sometimes nothing at all. My saving goal for this three month from August until now was to save at least 1500 USD and I have achieved to save 1000 USD.
Today’s big-screen entertainment centers come with hundreds of channels and multiple remotes. Likewise, consumers are free to choose among a vast array of financial products and services. That’s a gain to your finances, but it also makes life more complex and can become overwhelming. To cut through the clutter, I suggest that you think on what to do about saving your income and don’t forget to follow me on my savings journey. Try using the Barclays Savings Calculator to find out how much you’ll save.
Have you noticed that your money just isn’t stretching as far as it used to? Well, you’re not alone. With the prices of oil and gas soaring, credit card debt increasing and adjustable rate mortgages fluctuating, a lot of people are feeling the pinch. But there are smart ways to cope. By modestly reigning in what you are spending and reviewing your monthly bills, you can end up with hundreds, if not thousands, of extra dollars in your pocket this year. Follow these money-saving tips and you’ll be well on your way.
Save money every day. Learn how to budget and stand on your own independent feet. #AfricaSaves
This article is the final in a series of sponsored posts for the BARCLAYS SAVINGS CHALLENGE. I hope the challenge has been as interesting and impactful for you as it has been for me. You can follow the discussion on Twitter and Facebook and share your own experience by using the hashtag #AFRICASAVES. Visit the Barclays page for useful savings calculators and information on their savings accounts.