How To Save

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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 finetune 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.