10 reasons why you can't save

1. Your income is too low

Most financial gurus assure you that you can save money from any salary. And if someone declares that he cannot do this, then he is simply looking for excuses. However, sometimes it is worth leaving the magical Roseponie and studying the statistics.

In 2020 (Rosstat does not have more recent information), the median salary in Russia was 32,5Median salary calculated on the basis of administrative data of the Pension Fund of the Russian Federation / Rosstat thousand before taxes. This means that half of all employed people receive less than this amount. Many people manage to support their families and pay mortgages on such a salary.

It happens that a person spends money very prudently, but they are still enough only for the most necessary. In order for the potential for savings to emerge, you first need to increase income.

2. You use low income as an excuse

The previous paragraph looks very reassuring for those who can’t save anything: the salary is not enough for everything, where can you save. The nuance is that “there is no money” is a subjective feeling. Too much depends on the individual and his lifestyle. Definitely say whether you can save money or not, it will turn out only after studying the costs.

Often, if you look at the list of expenses, there are purchases that you can still refuse and save some money. First of all, these are the costs of servicing bad habits, but not only.

If you've never kept track of what you spent, give it a try. This will help you learn a lot about yourself and your financial habits.

3. You can't save

It is perceived quite normally that a person learns to walk, hold a spoon, read. But the approach to finance is different. As if by a certain age, a toggle switch should turn on in us, which is responsible for the rational handling of money. And if a person is a spender or gets into debt, then something is wrong with him.

But financial literacy also needs to be learned. Some people just do it organically. For example, parents did not hide how the budget was distributed. If there was not enough money for some thing, they explained in detail how it works and why not everything can be bought. And the child also had pocket money that he could spend or save and see what would come of it.

But it happens that financial affairs pass by children. The child grows up, remains alone with money and believes that if you receive 30 thousand a month, then you can save 360 ​​thousand in a year. Naturally, he will have to fill the bumps on his own.

But you can not rely on chance and take the course financial literacy. And it is better to choose the one where they do not promise any miracles, they just explain the basics. There are even many free ones. But paying for webinars "How to make a million in a week" is not worth it. Only the author earns a million a week on them.

4. You are too categorical in relation to money

Many people approach finance with maximalism: you still can’t save up for a yacht and a skyscraper, so why bother? Perhaps a rational approach to money will not make you ultra-rich. But the one who knows how to save can afford more than if he immediately lowered everything that he earns.

So it is worth reconsidering your attitude to finances. People sometimes successfully save up even for cars and apartments. Is this not an indication that the approach is working?

5. You don't have a financial goal

Saving can be difficult if it is not clear why it was all started. You deny yourself a lot, you don’t allow some joys, but what is the result?

That is why, in order to successfully create savings, it is important to understand what exactly you save money. Moreover, it is better when this is not an abstract goal, but a specific plan to achieve it.

For example, you are saving for your dream vacation. You need 300 thousand. It’s good if you not only find out how much tickets cost, but also write down how much you need to set aside every month, track how you manage to move towards the planned one. So it becomes obvious why you are a little shriveled now.

6. You don't have a system

This point is similar to the previous one, although not completely. Because it is possible to save without a goal, but without a system it is unlikely to be effective. A person just sometimes remembers: “I seem to be saving up, I need something postpone the same." And the process is chaotic and unpredictable.

Much easier if there are some rules. For example:

• Set aside a certain percentage or amount from any cash receipt.
• If you wanted to buy something, but restrained yourself, send the saved money to the piggy bank.
• Transfer to a separate account a percentage of each purchase.

Rules can be made any. It is important that they are doable and easy to remember.

7. You are too strict on savings

With savings - like with a diet: if you limit yourself too zealously, if there is a risk of breaking loose and going on a rampage. It's not worth depriving yourself of all the pleasures.

8. You are saving up

Do not save money by saving on something important. As a result, it will come out sideways and make you climb into the piggy bank. Let's say you don't treat your tooth (although you know it's necessary) because it's expensive and it doesn't hurt. But when emergency intervention is needed, it will cost even more.

So you need to spend money on the necessary things. This affects not only the financial condition, but also the quality of life.

9. You are constantly confronted with irritants

It's easier to hold back and keep savings if you don't find yourself in situations that encourage you to spend. For example, do not go to shopping centers during sales periods, do not scroll through the website of an online store out of boredom, do not receive advertising mailings. Think about what pushes you to make rash purchases, and try to avoid these triggers.

10. Do you have negative financial attitudes?

Attitudes are ideas that guide our behavior. Their formation is influenced by their own experience, parents and environment, TV and literature - literally anything. They allow in certain situations to quickly make decisions on templates. But sometimes beliefs are formed incorrectly or become outdated, and therefore do not work and only spoil everything.

You may also have these settings. For example:

• “We didn’t live well, there’s nothing to start” - prevents you from at least trying to become more wealthy and reinforces the confidence that it won’t work out anyway.
• “Easy in, easy out” forces you to get rid of money that was given to you without hard work. Although they could be put in a piggy bank.
• "An artist must be hungry" - inspires fear that a well-fed life and other "philistinism" will interfere with spiritual development.

The list could go on, but it doesn't make much sense. Usually negative attitudes are not so easy to catch, so one reading will not get rid of this. It is much more useful to learn to hear how inside you (perhaps with the voice of your parents) sounds something that prevents you from changing financial habits.