12 Quick Fire Money Tips to Save & Make £££

How can I save money? How much should I be saving? These are the questions that many people ask themselves because they’re not saving anything. It can be hard to save money each month from your job or business each month, but simply by learning these 12 quick and effective tips you can start right now. So if you’re looking to save more money and achieve more freedom, this is the episode for you.

KEY TAKEAWAYS

These are 12 quick, simple, effective tips for you to save and make more money.

Any money you owe, especially tax in the form of VAT or Corp tax or personal tax or big bills, you should hive off into a separate bank account. There is nothing worse than having a current or savings account, thinking you've got a lot more than you have, therefore spending or budgeting too much, and then you have this massive bill every quarter. Spend and break notes. This makes you feel like you've got less money than you have. And so unconsciously motivates you to go and make more money, you save more than you realize because you can put all the coins in a jar and do not realize that you are still saving, and before you know, you have saved a lot of money. The next thing then is getting a credit card like American Express, where the rewards are really good. American Express has air miles and often get a couple of First Class seats, and maybe three Business Class seats and you don't spend more money because that is the trick that they're kind of trying to lure you into. If you're spending a bit of money every month, get an Amex card or British airways. The next thing is when you go out there and you see nice clothes, make sure that you then wait for the 40% sale or the 50% sale or the 60% sale, waiting for them to go into the sale. Now and again, it's nice to treat yourself and buy something special but wait for the sale because it saves you a lot of money. Sometimes it's better to buy quality but buy them in the sale. Every birthday, every Christmas, every anniversary, anytime anyone buys you anything request either vouchers or things that you would value. Go around your house every three to six months and have a regular clear out, set all the good stuff on eBay and anything that you don't think you're going to get much, go and take it to the charity shop, exercise the law of vacuum prosperity, which means if you want to create more into your life, you have to create a void to do that. So get rid of the hoarding, get rid of all the stuff. Have a direct debit and on the day you get paid or the day after probably safer is save and never touch money and pay yourself first money and investment money and hive them off direct debit into different accounts because most people are paying themselves last and there's never anything left because they're paying all their bills and expenses. Max your ICERs every year, your ICERs through your tax-free savings allowance. That's about 15 grand a So make sure you put money into that every single year. If you have any trips, maybe you want to go away and see some places but you could do a public speech or you could do a property trip and you could merge it in with your business as well, then you could offset a decent amount of that. The next thing is only to buy assets or liabilities that don't go down too much or at least holding value. So try and merge your passion and profession. Money bucketing system, which is all your income streams and all the different expenses and savings investments you have, how to apportion as a percentage of your money across them to maximize your growth and your compounding.

BEST MOMENTS

“There is nothing worse than having a current or savings account.” “When you think you have less money than you think you have, you go out and push to earn more money because you have this vacuum law of prosperity where you have a void that you feel that you need to fill and you go and hustle a bit more.” “Don’t leave huge amounts of money in your current account or even a one savings account because there are some pretty elaborate money schemes and scams at the moment.” “Cheap stuff is more expensive because you're replacing every two or three months.” “Sometimes it's better to buy quality but buy them in the sale.” “I'd rather not be bought anything than buying something that's going to be wasted or not used.” “Pay yourself first.” “Preserve capital at all costs.”

VALUABLE RESOURCES

Book called Money by Rob Moore https://robmoore.com/

ABOUT THE HOST

Rob Moore is an author of 9 business books, 5 UK bestsellers, holds 3 world records for public speaking, entrepreneur, property investor, and property educator. Author of the global bestseller “Life Leverage” Host of UK’s No.1 business podcast “The Disruptive Entrepreneur” 

“If you don't risk anything, you risk everything” 

CONTACT METHOD

Rob’s official website: https://robmoore.com/ Facebook: https://www.facebook.com/robmooreprogressive/?ref=br_rs

LinkedIn: https://uk.linkedin.com/in/robmoore1979