How to save a lot of money?

 So, the basic rules are:

1. HOW NOT TO.

Everyone around here advises you to save 10% of your income - that's nonsense, forget it. In a year you will have accumulated the amount of your monthly income. It is unlikely that with this money you can buy an apartment or a car.

HOW TO DO IT

Set a clear and precise goal. For example, I want to buy a car for one million rubles.

In order to buy such a car in 2 years, you need to save 1 million/24 months = 41.7 thousand per month.

83.4 thousand a month to buy a car in a year.

2. HOW NOT TO DO IT.

I will save money on everything, only to save for my dream; it doesn't work, and very soon you will get bored, lose your temper, and spend all the money you have saved

HOW TO.

Accurately calculate how much money you need per day, per week, per month. Calculate where the money goes, and consider what you are ready to give up.

Make a savings plan: write down how much money you should have tomorrow, in a week, in a month, taking into account the necessary expenditures. Keep track of your progress on an ongoing basis: how much you have already saved and how much you have left to save.

3. HOW NOT TO.

I buy the cheapest food, I won't go on vacation, and I'll turn off internet and cable TV at home.

HOW TO SAVE.

Saving money is more about cost optimization than total savings. Optimization in this case means the elimination of expenses that bring you neither benefit nor joy.

For example, if you refuse to buy fruits and vegetables, you undermine your health, it's stupid. Then spend more on treatment than saved.

But to refuse to buy a cake in the cafe at work - this is optimization.