Whether you’re saving up for a dream vacation, the down payment for your first car, or your nest egg, it’s important that you get into the habit of setting money aside for yourself. Some people deposit at least 10 percent of their salary into their savings account every month—a good strategy if you’re just getting started—but while this is an effective way to reach your financial goals, you shouldn’t stop there. Here, 10 things you can do to help you save more moolah.

1. Wake up early.
Early birds won't just avoid the horrendous Manila traffic, but also get to choose the parking lot with lower ticket fees. Are you a regular commuter? If you’re always early, you won’t have to hail a cab because you’re "going to be late in 15 minutes." Again.

2. Drink more water.
When you get into the habit of drinking more water, you’re less likely to seek your usual iced latte or fruit shake out. That’s around P145 worth of savings every day.

3. Compare prices.
Just because you can afford to spend P3,000 on a pair of shoes doesn’t mean you actually have to. Learn to look for cheaper options. The next store could have something similar for a fraction of the price.

4. Turn off appliances and other utilities when not in use.
Leaving your room for dinner? Turn off the lights and the electric fan before you head to the dining room. Brushing your teeth? Don’t just leave the faucet running!

5. Recycle.
Feel like you have nothing to wear? Hold off on that shopping trip and try to see if you have any clothes that you can DIY into a totally new outfit. With a pair of scissors, you can easily turn a regular t-shirt into a crop top. Want shorts for the summer? Experiment with a pair of old and hardly-ever used pair of pants! Being resourceful with your wardrobe doesn’t just help you stave off your shopping addiction, but also trains you to think of more cost-savvy options.

6. Learn to say no.

Are you the type who gets easily swayed by sales talk or sob stories? If so, then you need to develop a stronger resolve. You can’t always buy from every multilevel agent referred to you. Likewise, you can’t always lend a friend money (which you’ll probably never get back anyway).

7. Use cash.
Credit cards are convenient, but if you always rely on them to pay for your purchases, you'll have a harder time gauging how much you’re really spending. With cash, however, you can’t help but compute how much you’ll have left every time you spend.

8. Buy in bulk.
More often than not, buying something in large quantities can save you more money. From your regular supply of tissues to your digital magazine subscriptions, learn to take the cheaper route.

9. Track your expenses.
It may seem tedious, but painstakingly listing your "cash out" for the day can help you identify, and later on, cut off any unnecessary splurges.

10. Change your perspective about money.
The way you look at money also affects how you spend it. For example, if you only see your 100-peso bill as a piece of paper, you’re more likely to spend it frivolously, say, on an iced latte. But if you think of that bill as time spent working on a report or presentation or the direct result of going to work despite feeling unwell, you’re less likely to give it away so thoughtlessly.

PHOTO: Pixabay; GIFS: Giphy

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