Create a separate account for each purpose: your own account for buying a computer, your own for travel. It will be more difficult to take money from the account for a specific goal: you will see how with each withdrawal the goal eludes you.

Spend less on entertainment. Many entertainments are free: socializing, walking or singing around a campfire in the forest.

Discuss upcoming expenses with your family. Relatives will not give unreasonable advice, but they will be able to dissuade you from reckless spending or suggest new thoughts. In any case, it is never superfluous to discuss the problem with a loved one.

Pay the necessary bills first, which threaten with problems. If you do otherwise, the amount you planned to postpone may not remain.

Invest wisely. Investments are not a big deal if you understand them.

First you need to find a good broker with a government license, learn how to balance risks, read financial news and build an initial investment portfolio.

Set big goals. It will be easier to save money if you have a specific meaning of saving in front of you: a car, an apartment, or a personal island. Readers of Tinkoff magazine said that they managed to accumulate large sums when they began to maintain a personal budget.

Some managed to save up for a car with a small salary. Here’s what they advise:

  • Choose a car in advance and decide on the price. For the price to be within your power, do not buy on credit, do not take a new car and do not be fooled by the class of car.
  • Keep a budget.
  • Optimize costs.
  • Divide the cost of the car by the monthly installments, as if you were paying the loan. Set aside them every month – this is the main condition.
  • Increase your savings with bank interest and securities.

Those who have saved up for an apartment have a common feature. People would regularly set aside a fixed amount or percentage of their income until the right moment came – a decrease in mortgage rates or house prices. Then they used the savings as a down payment on the mortgage or bought the entire apartment at once.