TIPS TO SAVE TO ACHIEVE YOUR GOALS

I wrote 2 post ago in my fashion magazine finally there is also a section about finance & money so I tend to collect all the articles of this lovely and interesting section.

Every one has a goal to achieve, small, medium, big or extra large and all hope to have money to afford it but in some cases save could seems hard with only one income and high expensive so is necessary find a way to save.

Everyone of us is different and has a different talent, who loves animals, who kids, who is a great cook, organizer, cleaner so after you understood the area you want to use for a side hustle try it.

Every goal could be achieved but you must to stay focused on it.

Here there are some example of savings to achieve determined goals (from travel to deposit fo r a house)

• If you are a fashion addict and you are craving for a Chanel bag (average prize €2500) do little rinounces: bring your lunch from home at least 2 times per week (you can save at least €30 per week) and try to search on Groupon special deal for hairstylist (you can save 30%, but remember try to don't have newsletter or you will be tempted daily to overspend,so following this little change in 8 months you could easily save €80 per week
• I you love travel and you would like to go in a wonderful tropical holiday (average cost €5000), starts to save now. If you have a traditional bank account ask to deposit part of your monthly salary in a deposit only "account", if your salary is €1200, it's ok deposit 30%, ask for online account that most of time have a less cost of maintenance. In one year depositing €350 per month you will have your holiday's dream!
• Would you like to change your car with a new one but the cost is too high? Considering that a new car has an average cost of €10000 could be necessary to have a little bit of patience, if you have a online account and a good amount on it, for example €15000 with interests of it you can earn €300, your paycheck is higher because you received a promotion at work and in your monthly paycheck now there are €400 more? well for the first year that "extra" must to be deposit in another account, in a piggy bank. In a year you will saved €4800 to use for your new car, use internet and app on your mobile to search way to save on bills maybe you can save other €100. Saving €450 per 18 months you can pay your new car cash.
• Are you engaged? After a moment of happiness you and your fiancè start to think about the cost of wedding and finance could became a problem? A normal average wedding cost is €15000 (honestly in some part is more higher than this amount) so, you need to have helps and materials that helps you to stay organized with planning, organization and finances. There are several sites that offer you free download, excel will became your best friend, stop to use your credit card, swap the bank in another with better interests (for example Webank offers 3.5% for new clients). Most girls organized the Big day planning it for at least 2 years, it depends all about the time you have (that could be 3, 6, 12 months or more) and there are other ways to save for a wedding but I will share with you in other post later. So doing this bank swap saving €550 for 2 years you will be financial ready to pay for your big day.
• Last but not least , Are you really considering to buy a home? you need to have a deposit for it that usually is 20% of the price (if a normal price is €100000 a deposit must be at least €20000) This is probably the longest project, you need patience, good organization and clear ideas. Probably you need to ask for a mortage/loan but you need to have clear information about all the costs, also the hidden costs, maybe online mortage could be solution because they don't ask for insurance(€600),expertise (€250) and expenses for investigation (€350). Ask for a free consulence to understand all the aspects of buy a home, find and use a deposit account with good interests rate, for example Ing direct offers 3,25%. 

2 real womens said on Cosmo's article (Cosmopolitan is so smart!!!)their personal methods used to achieve their goals:

Laura, 29 years old saved €4000 for California's holiday

"For 8 months I put a quarter of my monthly salary in a online deposit with high interests, then I worked as waitress in a restaurant every week end for 5 months, earning Extra €800. From daily happy hour I choose to have only twice per week and I've organized Dvd-at-home instead cinema. In the end is been so good to go for my dream's destination".

Sara, 31 years old saved €30000 for deposit home account:

Me and my fiancè needed 2 years to save this amount, we swap bank everytime we found a bank with higher and better interest, we cut our gym choosing running in the park (free); for a summer we chose to stay at home doing a staycation (saving €3000 each) and we swap the car choosing to use bike.

There are simple methods to save, little little swap that permit you to have a good amount monthly and month by month your goals is more near.

Which are your saving methods?