There has to be a reason why building a saving habit is so difficult for Ghanaians, right? During NSS it´s impossible because, well, the pay is really small. After NSS, however, it´s all too possible to build a saving habit, but that doesn’t mean that it still isn´t hard. If you actually want to have some put away after your first year of being employed, here´s what will help:
Create A Budget
Creating a budget is an obvious one, yet most of us have never made one. It doesn´t have to be anything complicated, you can just download a mobile app like Budget App – Expense Tracker & Budget Planner by Fun Apps Group Inc, and you can very easily make a budget.
Take Food To Work
Aside from making a budget, you´re going to need to make some changes to your lifestyle before in order to have a chance of meaningfully saving some money. Taking food to work instead of spending money on both lunch and breakfast will save you some money in the long run. When you´re trying to save you need to do the things that will help you stretch the budget as much as possible.
Make Transport Arrangements With Your Coworkers
Another way that you can give yourself a better chance to get closer to your savings goal is by cutting down on your transportation costs. If there´s a coworker with a car who uses a similar route as you then you´re lucky. If you have to take an Uber for part of your journey, talk to different collegues and find out if there´s someone that you can split those rides with.
Stop Eating Out
Food is here again at the end of the list because you do end up spending so much money on food without even realizing it. These days it´s so easy to order some food and get takeout because you can just pick open one of the apps on your phone and in a few minutes you can have food on its way to you.