Money management can be a difficult task for many people, especially when trying to stick to a budget and building up savings. However, with some discipline and changes in habits, building a budget and sticking to it can be easy. Here are five strategies that are proven to help people finally stick to their budget and build their savings:

1. Automate Your Savings

One of the easiest ways to start saving money is by automating your savings. Set up a direct deposit from your paycheck to your savings account, and you’ll never have to worry about forgetting to save. Additionally, many banks offer the option of setting up automatic transfers from your checking account to your savings account on a regular basis. This will help you build up your savings without even thinking about it.

2. Track Your Spending

Tracking your spending is another essential strategy for budgeting effectively. By tracking your spending, you can identify areas where you are overspending and make appropriate adjustments to your budget. You can start tracking your expenses by using a budgeting app or simply by tracking your expenses on paper.

3. Set Realistic Goals

Setting realistic goals is crucial when it comes to budgeting and saving money. Aim to save a percentage of your income rather than setting a specific dollar amount. This will allow you to adjust your savings amount as your income fluctuates. Additionally, set achievable goals that you can complete within a reasonable timeframe. Trying to save too much too quickly can lead to frustration and burnout.

4. Create a Realistic Budget

Creating a budget is an essential part of managing your finances. A budget will help you keep track of your income and expenses, so you can identify areas where you are overspending. It’s essential to create a budget that is realistic and sustainable. Take a look at your expenses and prioritize them. Cut out unnecessary expenses that you can live without. Allocate your income towards your most important expenses first, then use the leftover funds to save or pay down debt.

5. Use Cash Instead of Credit Cards

Using cash instead of credit cards can also help you stick to your budget. When you use cash, you are forced to stick to a specific budget since you can only spend what you have. Credit cards can make budgeting difficult because it’s easy to spend more than you intended since you aren’t directly seeing the money leave your account. Try using cash for your daily expenses, and you may find that you spend less overall, which will help you build up your savings.


Budgeting and saving money may seem daunting at first, but with the right strategies and mindset, anyone can successfully build up their savings. Automating your savings, tracking your spending, setting realistic goals, creating a realistic budget, and using cash instead of credit cards are all proven strategies that can help you stick to your budget and achieve your financial goals. Remember that building your savings takes time and perseverance, so stay committed to your budget and continue making positive financial choices.