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Saving Is Not About Making $100, Spending $99, and Keeping $1 in the Safe. It Is About Controlling Your Emotions.
It’s not about paying yourself first either.
Your relationship with money is emotional, not exact. You shouldn’t use Excel or math to save money. Not even if you save $1.
Saving money is not hard when I cut my spending in one place only to spend more money elsewhere.
What I need are ways to trick my brain to keep the money and not just move it from one position to another.
I Just Have to Automate the Money.
I tend to overestimate my desire to save $1. I can solve this problem by setting up a standing order. By transferring the money directly to my compounded savings account.
Either I let it flow into the private pension fund or I direct it to my bond savings plan. What matters is the interest and dividends I will earn every month.
After a few months, I shouldn’t realize that I’m making a small fortune month after month with automation. And this without having to actively think about saving money.
