Save more by SPENDING more??

Is it possible? Can you actually save money by spending more of it? The answer is YES!

It's a very simple trick...all you have to do is play around with your budget so that everything you spend is rounded up to the next whole dollar amount. Even if you are really lazy and hate budgeting your money, all you do here is just add and subtract.

First get a piece of paper and write down the amount you currently have to spend. This includes everything; money for bills, for food, recreation etc...if your intention is to spend it then that number would go at the top.

Let's say you just got paid $600 and that's all you have until the next pay period, then $600 is the number which goes at the top of the paper. The next step is to write down all of your expenses until the next pay period below your starting amount. Let's say you get paid every 2 weeks; you would list all of your expenses from this pay period until the next so possibly some bills, lunch, transportation,etc.

The most crucial step after listing all of your expenses is to round the amounts up to the next whole dollar amount. So if your phone bill is $56.75 then you would list it as $57 under your starting amount ($600) and that is what you would subtract.

Every little bit helps and goes a long way especially if you're not very good at saving. By rounding up your expenses you end up indirectly saving. I highly suggest whatever amount is left over after either a pay cycle or the end of the month, you put in a savings account. Keep in mind this trick applies to both debit and cash transactions. For cash, pay only with bills and any coins left over place in a jar (or piggy bank). At the end of the month put everything from the jar into your savings.

If you don't have a savings account, check with the bank you have a checking account with to see what they have to offer for savings. I don't have a savings account with a bank I actually prefer online savings accounts such as Smarty Pig
where you can set savings goals. I think when you have a goal to save for you become more responsible and aware about saving; your success rate is much higher for achieving that goal. Maybe you want to save for an expensive item you've been wanting to splurge on or possibly a dream vacation you've been wanting to take; whatever it is this method will help you get started towards accomplishing that goal.