It is known that many rich and successful people don’t spend their money on useless things and they control their expenses. To follow their example, I decided to track my expenses.
I added all the things that I bought every day to the list so I could tell what I spent my money on. I realized that it was much cheaper to buy food for the entire week.
I had a different strategy for bigger purchases. Every time I wanted to buy something, I asked myself this question, “Will this thing be useful? Will it make me better?” And if the answer was “Yes”, then I put the thing on the list of future purchases. 2 weeks later, I returned to the list, and if I still wanted to buy the thing, I bought it. But often, it was just a short-term wish.
So, during the first month, I saved 40% of my salary, and during the second — almost 60%.