Скачать или смотреть Psychological Money-Saving Tricks – How to Save More Money

Whether you want to make some savings to be prepared for emergencies and unexpected events, or just want to have more cash each month, there are some psychological money-saving tricks you can use. These tips and hacks will help you outsmart your brain to start accumulating extra money.
1. FOCUS ON WHY
In a study published in the Journal of Consumer Research, authors found that people who figured out the reasons why they wanted something, in our case, save more money, saved more than participants who concentrated on developing specific techniques.
2. SAVINGS CHALLENGE
Come up with a savings competition that will encourage you to save more money, for example, save ten dollars more than last week. The end date can help you move forward.
3. POSTPONING
Try to delay non-essential purchase decisions, especially tech toys. Instead of buying something right now, wait a few days or even weeks and see if you still want it as much. As bonus, most likely something new will appear that will be better.
4. ONLY ONE OBJECTIVE
In a University of Toronto study, people who had only one savings goal were better at saving money than people who had multiple goals. If you have only one goal, it puts you in a more action-oriented mindset and helps you save more.
If you have only one goal, it puts you in a more action-oriented mindset and helps you save more. Too much thinking about which goal is more important keeps people from acting.
Min Zhao, an assistant professor of marketing
5. PRETEND YOU MAKE LESS
Pretend that you earn less than you really do. By basing your budget on a smaller monthly income, you force yourself to reduce non-essential spending. The money you don’t use then set aside for savings.
6. BLOCK ADS
The next money-saving trick - try to avoid ads in your browser, apps and TV. This will reduce the likelihood that you will impulsively buy something that you don't need.
7. CONVERT PRICES
Psychologically trick yourself by converting prices into how many hours you would have to work for this. This will help you and your brain understand the value of what you are buying and the opportunity costs.
8. THE STRANGER TEST
If you are not sure that the next purchase is really worth it, imagine a stranger holding this purchase in one hand and the cash equivalent in the other. If that cash looks more tempting, then give up the purchase and save money.
9. REWARD
Try to link your next big spending to achieving a personal goal. For example, you want to lose 15 pounds. Make a promise to yourself that once you reach this goal, you can treat yourself.
10. FEEL POWERFUL
According to Stanford University research, the stronger you feel before making a financial decision, the more money you will save. "People who feel powerful use saving money as a means of maintaining their current state of power," the study authors concluded.
11. USE CASH
When you go out for groceries, or just for shopping, use cash instead of a debit card. When using cash, you have an emotional attachment to a physical material. Spending money becomes more painful and makes you reluctant to spend more.
12. AUTOMATIC DEDUCTIONS
Set up an automatic transfer of a percentage or a certain amount of your income to your savings account, most banks have this option. Open this savings account in a separate bank so that you will not be tempted to transfer money back to your current account.