How To Be Richer in 2015
Let’s Face it, most of us would like more money than we have. In fact, they say that even lottery winners always want more money. Although you might not turn into a millionaire during the next year there are ways that you can make your money go further
Be a Savvy Shopper
Many of us are guilty of wasting money and buying things that we don’t need. If we can cut a back on spending then it makes it much easier to feel like you have more money. Although you won’t actually have any extra money, it will feel like you have.
The golden rule is to think twice about anything that you buy. For big purchases you should leave it at least a day before you part with your hard earned cash. If after 24 hours you still feel that it is something that you need then you can go ahead and buy it.
There are also ways to save on your shopping without going without. For starters, you should get into the habit of shopping around before any items that you buy. Also get into the habit of shopping during sales and looking out for vouchers and discount codes before you buy. Loyalty cards can help save even more. You might only save small amounts but it all adds up.
Save Your Money Wisely
There is little point saving money unless you are going to do something sensible with it. If you save money with one purchase and waste it on another then you are going to be better off. Try to make sure that any money you do save, you put to one side. Whether that’s a coin jar in your home or a bank account for larger amounts it is all worth it. In fact you could even think of something that you would most like to treat yourself to and use this as your motivation for saving.
Make Sound Investments
If you want to become seriously richer then you need to think about making some investments. For example, property development company Affleck Property (or perhaps a property agent local to you) can help you find a property that you can invest in. You can then rent this out in order to bring in some extra income. If you don’t have the money to spend on a property then a buy to let mortgage could help you get this sorted.
It is important to bear in mind that being a landlord is no easy job. Before you decide to go down this route you need to make sure you know what you are getting into. There are lots of property investment guides for you to read up on, which should give you an idea as to whether this is the right route for you to go down.
There are other ways to invest your money – the stock exchange, art, antiques etc. Some of these will be more suited to you than others. Make sure you think about what you are getting into. Investments are a risk, so whilst they can help you have more money they could go the other way too.