Do you constantly feel like you’re bleeding money and you’re not sure exactly what you’re spending your money on every month? You can start making strides towards a better financial future today. Here are some simple yet efficient ways to help you take control of your finances.
1. Stick to the plan
There is no point in getting financial advice or making plans if you are not going to remain committed to them. Ready to start planning for a better financial future? Find a financial adviser here and go for a financial review. You’ll earn 100 points for this activity!
2. Get your priorities straight
There will probably be an item that catches your eye which you have not planned for. Before you make an impulsive buy, take an honest look at the things you need, and your regular entertainment spend before you swipe away.
3. Take advantage of free money
Are you getting the best out of your Multiply discounts and rewards?
4. Save up for big purchases
In line with remaining committed to your financial plan so that you can achieve your financial goals, make sure that you plan for all big purchases.
5. Contribute to your savings regularly
Contributing a set amount to your savings, small as it may seem, will come in handy on a rainy day so that you don’t have to rely on credit. You can also automate this so that you do not have to worry about remembering to make the transfer each month.
What’s more? If you’re a Multiply member, you can save more without double the effort. Just save the cashbacks you earn at Dis-Chem, Pick n Pay and on the Multiply online shop in your Multiply Money savings wallet and earn interest on this money. Here’s more information on saving your cashbacks.
You might also want to read up on 3 money mistakes to avoid.