ClL6m3RWYAEosfB

Image Source: Twitter

Let’s not pretend money’s unimportant. It is, in fact, one of the most important things in life – just not over your family and friends, and your dreams, but yes – a crucial thing that helps you survive.

If you’re someone who aspires not only to earn more money but to be a millionaire, you’re smart. But you also have a lot of work ahead of you. You’ll have to start approaching each day differently. You’ll have to start saving money every chance you get, even if takes an embarrassing amount of bargaining at the local store.

An aspiring millionaire needs to think and act like one, and that can only be achieved with the help of some key habits. Here are 6 of them.

1. Identify unnecessary expenses and cut them out.

Make a note of all your expenses every day. Even the little ones, like a couple of candies or tip to the waiter. Then, towards the end of the month, review these expenses to see what expenditure you could’ve avoided. You’d maybe find that you’re eating out too much and can save by eating more at home, or that you’re spending too much on your commute, a solution for which would be to make use of public transport, like state buses, whenever possible, instead of the highly priced cabs.


2. Be smart about the price you pay for products.

When you go out shopping, remember to bargain whenever you can. Often, shopkeepers put a high-profit margin on the products they sell, for obvious reasons. The innocent buyer then purchases the product at said price. You should instead bargain and, in the process, try to save as much money as possible from the purchase. It’s staggering how much of a discount you can receive at stores if you can bargain smartly. Also, plan for shopping when there’s a sale or discount available, like on auspicious days or festivals. That way you’ll get what you need at a much lower cost.


3. Sell or rent anything that can be sold or rented.

You may have things at home that you could sell or rent, like old college textbooks, a mixer, or a study table that you don’t use anymore. Instead of having them lie around eating dust at home, you can make money off of them by putting them up for sale or rent on websites like Quikr or eBay. It’ll also help you clean up the clutter in your house, which frankly, everyone could do more of.


4. Turn to eco-friendly measures.

Besides being good for the environment, adopting eco-friendly measures can help you save money. For instance, you could buy a house where there’s a lot of greenery so you can avoid spending on a new AC or save significantly on the AC or electric fan bills. Similarly, you won’t need many electric bulbs in the house if your living area is designed to allow plenty of natural light inside. You’ll cut down on plenty of costs by being eco-friendly than you would otherwise.


5. Invest in short-term savings schemes.

There are plenty of schemes in the market that allow you to earn a return on investment. You’re expected to save a specific amount of money every month for a pre-decided period at a certain rate of interest. After the maturity period is complete, you then receive a sum much larger than what you invested earlier. This is a good way to multiply your money. Mutual Funds, Stock Trading, and SIPs are popular mediums of multiplying your money in this space.


6. Plan every day to be financially beneficial.

Plan out your day every day, but with a twist. Try to find out what sort of money each of your tasks bring in, and give priority to higher income tasks. For instance, learning ten new words in a day for a writer is more important than doing the laundry. The former can help the writer be good at their job and earn more money than doing laundry. But this is not to say that laundry isn’t financially beneficial. Clean clothes will help you look better at meetings and enable you to stand out, say when you’re making a pitch. This is the kind of mindset that will allow you to maximize your earnings and savings and eventually help you become a millionaire.

Good luck!