Sometimes thinking about saving money is harder than actually doing it. If you’ve got a CC Momentum™ Savings plan to help you focus, you’re well on your way.

However, if you’re still asking yourself, “Where’s it going to come from?”, here are three tried-and-true methods to help you save.

1. Remember The Golden Rule – Get into the habit

The CC Momentum™ allows you to get in the habit of setting aside some money from your salary. It’s easier to save when you get into a routine and think of it as something you have to do, like setting aside money for your loan or rent.

The great thing is that the Momentum account™ allows you to change the monthly amount you are saving whenever you want and to fine-tune your savings as you go through various stages in life.

2. Control your impulses

Just because something is “on sale” doesn’t mean you should buy it. Focus on your goals and resist the urge! Also, be aware of when you’re vulnerable – ignore the impulse to buy things to treat yourself when your work or personal life is stressful.

3. Focus On The Expenses That You Control

Unlike your loan or rent, you have control over your variable expenses – lunches, coffee, clothing, music, entertainment, etc. This is the first place to look when you want to save money. Keep track of what you spend in a month to see where your money is going. You may be surprised! You can use our budget planner to help you.

Disclaimer

The information provided on this website is being provided solely for educational and informational purposes and should not be construed as investment advice, advice concerning particular investments or investment decisions, or tax or legal advice. Similarly, any views or opinions expressed on this website are not intended and should not be construed as being investment, tax or legal advice or recommendations. Investment advice should always be based on the particular circumstances of the person to whom it is directed, which circumstances have not been taken into consideration by the persons expressing the views or opinions appearing on this website. Calamatta Cuschieri Investment Services Ltd has not verified and consequently neither warrants the accuracy nor the veracity of any information, views, or opinions appearing on this website. You should always take professional investment advice in connection with, or independently research and verify, any information that you find or views or opinions which you read on our website and wish to rely upon, whether for the purpose of making an investment decision or otherwise. CC does not accept liability for losses suffered by persons as a result of information, views, or opinions appearing on this website.

Calamatta Cuschieri Investment Services Ltd is licensed to conduct investment services business under the Investments Services Act by the MFSA and is also registered as a Tied Insurance Intermediary under the Insurance Distribution Act.