How to Save And Budget Your Money!


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We always think about paying our bills and rent, our education and small pleasures.

Saving and budgeting have become a big part of our lives. We always think about paying our bills and rent, our education and small pleasures. Even though many people are still careful about money and track their savings very carefully, there is also a certain amount of people that don’t know how to stop themselves from impulsive buying.

For me, impulsive buying was always kind of wrong. Of course, I will treat myself from time to time because I like to reward myself after I complete something that was very exhausting and overwhelming.

So, why I save and budget money?

Primarily, I save money because it gives me a greater sense of material safety and control. With saving money, I can also predict how much it takes for me to achieve some material accomplishments.

Secondly, whenever I receive my paycheck I immediately pay my rent and bills. Then, I put aside a certain amount of money and with the money that is left, I go to grocery shopping and sometimes afford myself a book or something similar. If there is any money left at the end of the money, I also put it aside.

Lastly, I save and budget my money because I can always have a certain amount of money if something negative happens so I can have time and resources to, for example, find a new job.

Article written by Aleksandra Matura

All opinions in this article are the author’s own views.

If you are experiencing difficulties with your mental health, please seek advice from a medical professional or the Samaritans helpline at 116 123.