THE PSYCHOLOGY BEHIND SAVING MORE

in Project HOPE4 years ago

In order for motivation to occur, it means there is a drive to do something out of the ordinary, a person who is simply living a normal usual life will not need to be motivated because he does not have the desire to do anything extra he just wants to go with the day as they come probably sip a few soda and watch movies all day then life is good. The need for motivation comes for a person who has been trying to live a different type of life and who has been struggling to get to the height of achievement and the same thing applies to savings, when it comes to savings, it is important to groom ourselves to save more whilst we understand the tricks associated with the ability to save more, bridging the gap and saving more has a lot to do with our ability to motivate ourselves regularly.

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Great planning idea.

We are really good at planning for the things we want to do in the future and we completely neglect what the present has to say about our future, in the future we plan to save more, we also plan to spend less, but we fail to consider how well our present action is going to make us a better person in the future, our personality will not change on the basis of mere desire, we will still be the same person we were yesterday tomorrow if nothing deliberate is done to save ourselves from the constant habit.

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Make use of helpful technology.

There is a lot of advancement done in the technological world and there is a lot of advancement involved as well, there are technical applications that will help improve saving habits, using this technical applications to our advantage like setting targets about the amounts we plan to make at the end of the year or before our next birthday and having a reminder on our mobile device to quicken our minds about how soon we need to meet up with the targets we set.

Cut down on small purchases.

Those small things we constantly spend on without having a second thought are the ones that majorly take our finance the most, one of my friend likes to regard money as a spirit it is been spent bit by bit until eventually there is nothing left to spend, great attention needs to be placed on those little things that take our money, it requires a deliberate effort to cut cost and motivation to do better.

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Hello @mojubare
You are very right when you say that the small expenses are those that make us spend more, in case there is no limit, there can be a great expenditure.
Planning, thinking ahead but always aware that we live in the present is more than necessary, in fact, we all have the possibility to make use of technology to improve many aspects of our lives.

Hello friend, very good advice, I think that being thrifty people will always lead us on a good path, that will give us more security and financial stability. Thank you for sharing.

Saving is great and the ability to cut expenses makes growing finance easy.

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