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If I asked you what saving money entails? Your mind will automatically think about the sacrifice and discipline it takes to become a good saver. Even though these are some excellent characteristics you need to instill in yourself, there’s something even more fascinating you didn’t think could influence your savings habits: your mind. It has the capability of making you view saving as a sport or as a punishment. Luckily with the human mind, nothing is set in stone, so we can easily change how we see and feel about things like savings. In today’s video, we will show you some brain and mind tricks to save you a ton of money. Enjoy!
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⏱ Time Stamp:
00:00 Introduction
00:38 Pay with cash instead of a card
01:37 Picture yourself richer
02:08 Convert prices into hours
02:50 Put it in writing
03:37 Plan money dates
04:05 Start small.
04:33 Use the stranger test
05:22 Visualize your goal.
06:15 Harness the power of pre-commitment
06:50 Use transition moments to your advantage.
07:12 Manage small frequent purchases.
07:45 Focus more on making money than saving money.
08:18 Keep a change jar.
08:46 Ask yourself what truly matters
09:22 Round up savings.
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