I have said every single one of these things; I’ve used every excuse under the sun to avoid saving money. Here are the top 10 excuses I found myself using.
A list of saving money tips to help you find new ways to save money. Simple, easy to follow steps to save money and tighten your purse strings.
Saving money isn't always easy; if you are reading this, it's likely because you have found yourself in a situation whereby you are looking to improve your money situation and need help in order to get started. We have compiled a list of ways to save money, in fact - we have written 100's of articles on exactly how to save money.
Need some tips to save money and not sure where to begin?
[su_spoiler title="More information on saving money"] The unknown truth behind saving money.
Saving money will be one of the hardest things that any one person will face in their lifetime. The modern world lives and breaths on money, what it can buy, what it will bring you and yet fails to mention that we also need to learn to save it.
Just starting out? Read our information on how to get motivated to save money before you begin. It will help you get motivated and understand why you need to learn how to save.
In order to understand the importance of saving money, let's have a look at the different level's of need for any given person and how they will use their money (courtesy of Maslow's Heirarchy of needs).
Physiological Needs for Saving Money
Physiological needs are our core requirements in order to survive. When thinking about money, this would point towards purchasing food to eat, providing shelter to sleep and generally the cost of staying living in order to remain healthy and balanced. Learning to be smart with your money will teach you how to not only fulful these needs, but have money left over to contribute to the following step.
Safety Needs for Saving Money
With our core physiological needs satisfied above, we now look towards financial safety. We require the ability to have money for personal security, financial security, rainy day funds and general peace of mind. These needs manifest themselves in the form of high interest savings accounts, superannuation funds and the endless supply of insurance policies available. Utilising a formal savings plan will allow you to delegate your money and fulfill these safety needs and stretching your dollars further.
Social Needs for Saving Money
A crucial human need is socialising, it lets you relax, spend time with friends and enjoy some of the lighter sides of life. This is where Savings Guide differs from many other money saving websites, we are all about a life balance that does not push you to save at the expense of your social life. Saving money for your social needs will help you get out to dinner occasionaly, go to the movies, treat the kids to a night out or maybe even a massage for mum and dad without feeling guilty.
Esteem Needs for Saving Money
Esteem may sound very odd when dealing with saving money, but it cannot be overlooked as to how important the value of self worth can be when assessing your finances. You need to believe in yourself, have a sense of obligation and belonging to your life and family and only then can you start to become financially aware and proactive.
Aesthetic Needs for Saving Money
The aesthetic need for saving money is that we naturally have a desire to become everything that we are capable of becoming. Somone who is self actualised with saving money will embrace their financial facts and not avoid the truth, actively become problem solvers to better their financial status and work towards future goals.
Where do you fit in?
Savings Guide wants people to become aware of their finances, willing to save and accepting of their means. You should aim to fulful each step in the chain above, once you conquer the first step, move to the second and so on and so forth until you better yourself in such a way that you begin to save money in all areas of life.
Now get started and read our blog![/su_spoiler][/su_accordion]
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