Small habits that make you fail to save often come from things that look trivial and become daily routines. Without realizing it, activities such as snacking on coffee every morning, subscribing to applications that are rarely used, or shopping online because of ‘limited discounts’ can be the main cause why your balance continues to leak.
Have you ever felt that your salary has only been disbursed for a week, but your balance is already half? Even though if asked, you are also confused about where the money went. Well, this is where the importance of recognizing small habits that secretly have a big impact on your financial condition. So that you can save, let’s discuss the little habits that make you fail to save!
Also Read: 5 Simple habits that can make you rich fast
Small habits that make you fail to save money
1. No Financial Planning
The first little habit that makes you fail to save is not making financial plans. In the absence of financial planning, the money you have will not be directed spending so that you will have difficulty saving.
People who do not make financial plans will usually go crazy in shopping. Thousands of temptations of discounts and promos will make you overspending in spending money outside the existing budget.
2. Feeling Saving as a Burden
You must feel that saving is a burden because it limits yourself in buying what you want. Yep! This feeling is a small habit that makes you fail to save. Believe me this feeling will disappear with time.
And try to start forming the view that saving money guarantees greater happiness in the future. Just like planting seeds and watering them every day-it takes patience, but the results will be great.
3. Wasteful in Snacks
This little habit that makes you fail to save money often happens because “it’s only once” or “it’s cheap”. But if you buy Rp20,000 coffee and Rp15,000 snacks every weekday.
In a month you can spend around Rp700,000! That’s already big enough to invest. So, start reducing unplanned snacks and prioritize cooking yourself or bringing lunch, yes!
4. The Remaining Salary for Saving
This little habit that makes you fail to save may sound familiar: “If there are leftover salaries, then save them.” In fact, this mindset is actually a trap that makes your savings never really filled.
Making savings as the last option from your monthly salary is like trying to save water from a leaky bucket – in the end, it almost always runs out first for unexpected things or impulse shopping.
Instead, reverse the mindset! As soon as your paycheck comes in, immediately set it aside for savings or investment at the beginning, not at the end. That way, you build a strong financial discipline and slowly your savings will start to grow.
5. No Emergency Fund
The last little habit that makes you fail to save is not having an emergency fund. As we know that in this life we don’t know what will happen tomorrow.
If the money you save is always used in an unclear direction then if something unexpected happens you don’t have an emergency fund so that you will never be able to save.
That way, you must prepare an emergency fund that is separate from savings. So that if there is something unwanted someday, you have prepared the budget without having to take savings.
Start Investing from Small Things,
If you have trouble saving, try starting from the simplest step: small investments. For example, buy digital gold through Treasury starting from just Rp5,000. You know that digital gold investment in Treasury can also be used as an emergency fund.
Digital gold in Treasury can be easily withdrawn at any time when you need it. The process is fast, hassle-free, and can be used immediately for emergency needs.
So what are you waiting for? Let’s start saving with Treasury!
