Some useful tips for successful savings


Saving money is undoubtedly one of the biggest investments you can make in life for you and your loved ones. The habit of keeping track of where you spend your money, what your regular expenses are and how much you can save is very important and crucial so that you can plan your expenses and manage your finances efficiently.

Acquiring good habits from an early age will make it easier for you to live later in life and allow you to be more responsible and set an example for future generations. Saving for big purchases is a great way to truly understand and appreciate the value for money and hard work. With a few simple changes in your priorities and your daily routine you can start saving today and improve your financial situation.

The process of saving money can be successful if you save in an organized and responsible way. If you are planning to start saving, you must keep in mind that every beginning is difficult, but desire, patience and use always bear fruit.

Here are some good tips and tricks on how to get into the habit of saving and securing financial security.

1. Set goals

Have a defined goal! Go on vacation, buy a car, start your own business or invest in a higher education for you or your children.

This will make the process easier and motivate you to have good saving habits.

If you decide to save money in an savings house for a certain period, you can earn a certain amount with little risk. Today, financial institutions offer different types of deposits through which you can achieve a secure and stable accumulation of money.

Every penny you have saved, plan in advance what you will invest it for.

2. Do not buy impulsively

Refrain from buying certain items just because they are discounted or available at an affordable price, which is one of the main reasons for uncontrolled spending.

3. Be careful with small expenses

We usually worry more about big expenses, and those small daily expenses often go unnoticed. We may be buying something that catches our eye right now because it is affordable, but do we really need it? If you want to save, you have to pay attention to these seemingly inconspicuous expenses and cut them a little bit every day, because they often know how to save a significant amount. Try it from next month, and you will be amazed at how much you have set aside from your monthly income that you can save on your savings account.

4. Write down all expenses

We all know sometimes to forget where and what we spent a certain amount of money. You have probably often wondered what happened to the account balance, and sometimes even after reviewing the statement you do not remember a certain cost. Therefore, be disciplined, set aside a notebook where you can make a clear presentation and write down what you have at your disposal on a daily basis and where exactly you spend your money. Thus, at the end of the month you will have an insight into how much of the budget you can save for this.

5. Percentage method

Try to set aside a certain percentage of all your savings income, no matter how much you earn. Start with a small amount that will not affect your budget or quality of life. Start with 2% for example and move to a higher percentage. This will help you not to spend money on things you do not need and to plan your budget carefully. It is even better to put the money in a savings account, if you do not need to spend it immediately.

6. Earn extra income

Focus on earning extra income, if opportunities allow. Many people today opt for part-time or part-time work. If you are a specialist in a particular field or have an affinity for certain crafts, a great way to earn extra income is to start freelancing, offering services from your profession to multiple clients at the same time. Today, there are many digital platforms that allow you to look for work as a freelancer, work from home for a few hours a day and earn extra income that you can save.

7. Be patient and persistent

Every beginning is difficult, but patience and perseverance are one of the basic prerequisites for successful saving, especially if you have a goal that you want to achieve.

8. Decide to save in a financial institution

Saving in a financial institution, your deposited funds will increase moderately depending on the amount of interest. This way you will always have a safe place where you can put your money, keep it until you need it, and the amount of time funds will grow with each passing month.

After the expiration of the term deposit period and if the other obligations allow you to do so, repay the entire amount increased by the interest received. By persistently and regularly allocating funds, even a small amount, over a long period of time, you will save a large amount.

Information is the best solution for making any decision, so before choosing a financial product for savings, do a good research on the offer of the institutions about who offers what conditions for saving. Ask in detail about the types of savings, the conditions, the interest rate (fixed or variable) and in what ways it is calculated, time limits, under which conditions you can withdraw the already term funds or advance the deposit in advance. The amount of interest rate depends on the type of currency deposit and maturity, so you can choose a product that will assure you that the savings will bring you higher interest rates.

Choose the most optimal offer

By offering different types of savings products, fully oriented to your needs, Savings House Moznosti strives to be a trusted partner in order to support your personal needs and expectations for the realization of your wishes and maximum life achievements. Choose the type of product that suits you best, sight deposit, time deposit or flex deposit, calculate your future savings and start immediately with your best investment.

For more information on the terms and conditions of saving, calculators for calculations, as well as more financial education, check out the following links:

Denar deposit –

Flexi deposit –

Savings Calculator –