How to Save Money

Let’s talk about your finances.

I’m a huge advocate of the principle of saving money by budgeting, so I thought it would be a great idea to talk about how I manage and budget my finances.

My hope is that the information I discuss here will encourage you to budget your own finances and spend your money more wisely.

What is a Budget?

The principle of budgeting is to estimate and set aside a set amount of money for specific things such as rent, groceries and/or vacation.


I personally learned how to budget my money from my father. My dad taught me about money management as a young child, and I have since then applied the principle of budgeting throughout my whole life.

The way I budget my finances is by using a monthly budgeting plan I created on Google Spreadsheets. Each month, I estimate my expenses based on my needs and my income. By budgeting,  I have an estimate of how much money I can spend each month without over-spending.

A budget is a tool used to tell your money where it should go. It allows you to be in control of your money, instead of allowing your money to be in control of you.

How to Budget?

If you are new to budgeting, I would suggest that you start off small.

Make a list or spreadsheet for the month, inputting your monthly estimates for each category of your choosing.

You only need to put in the budget items you actually spend your money on (i.e. rent, groceries, car payment, loans, etc.)


You can create your own budget using your primary computer programs (i.e. Microsoft Office or Google) or use online tools and programs to create a custom budget.

Once you have a template that works for you, you then want to monitor your spending and input the amount of money you spend on each item throughout the month.

What about Savings?

I personally input my savings into my budget. By doing this, I have a way of keeping track of how much money I save each month.

I believe in the principle of saving because you never know what life will throw your way.

My savings have come in handy big time in certain situations, so I always take the opportunity to save when I am able to.

Another financial tip l learned from my dad is to invest. I invest a portion of my money  into stocks as a way to grow my money in conjunction with my own personal savings account.

If you have never invested your finances in the stock market, I would highly suggest talking to those who do. You can also read about investing and the stock market and/or speak to a financial advisor.

Woman Calculating Budget With Savings Jar In Foreground

The value of budgeting and saving your money is innumerable.

If you currently do not have a budget, try creating one and get started on taking control of your finances.

Hope this helps!



Thanks for reading.


God bless,

Crystal Ngumezi

2 Replies to “How to Save Money”

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