The unstable economic situation in the country often affects the salaries of their citizens. It is not surprising that people often begin to think about the question of how to learn how to save money with a small salary. To do this, it is enough to adhere to a few simple recommendations so as not to experience inconvenience in everyday life.
Instructions
Step 1
Analyze income and expenses. Grab a piece of paper or open a Microsoft Office Excel sheet on your computer and write down your monthly costs. Make a list of food items with approximate amounts, indicate how much utilities are cost, reflect the cost of attending entertainment events, spending on various household goods and updating wardrobe, etc. Finally, add up each item from the list of expenses and compare with your salary.
Step 2
Think about whether everything from your compiled list is relevant, vitally important, perhaps something can be safely removed or something else can be found. For example, you can skip buying convenience foods and cook your own meals while getting healthier food without preservatives. An excellent option for saving are preparations for the winter from seasonally cheap vegetables and fruits. If your work is within a radius of one or two kilometers, you can walk to it, saving on travel costs, your body will only be grateful to you for this. During a period of financial difficulties, you can exclude expensive activities (for example, visiting restaurants, nightclubs) from your life until there is a special reason for that. Replace them with relaxation in the bosom of nature, home gatherings, excursions.
Step 3
To learn how to save money on a small paycheck, get in the habit of budgeting ahead of time and keeping an expense journal. Distribute your cash reward among all expenditure items that are planned until the next financial receipt. Try to stick to your plan when you go to the store, this way you will save yourself from useless and unnecessary purchases. Don't forget to summarize. Your notes will help you analyze your monthly spending, optimize it, and distribute funds more efficiently in the next month.
Step 4
However, a small salary should not be a reason for abandoning your basic needs, it is not worth saving to the detriment of yourself. Do not sit idly by looking for a way out of this situation: look for another higher-paying job or look for additional income. Think about what you do well to make money out of it. It might be worth considering monetizing some of your hobbies. Recently, you can make good money on the Internet as copywriters - authors of texts, computer specialists are in demand, and you can also sell your own hand-made products on the network.
Step 5
Having learned how to save money with a small salary, do not forget to pamper yourself from time to time, make small gifts to yourself with the money saved. This will serve as additional motivation for you in difficult times.
