Savings of money may seem like a difficult task, but this is possible! Find out why it is difficult to postpone the means and how to change your approach using effective strategies and useful tools.
Savings Money It seems like a simple habit, but for many this process may be a real challenge. People lay off funds for various reasons: to create a financial pillow, make large purchases, invest or ensure safe old age.
The official statistics of the National Bank of Ukraine shows that in 2024 the volume of cash currency outside the banking system increased by $ 16.5 billion, which significantly exceeds the indicator of the previous year. The total volume of cash currency on the hands of the population and business reaches approximately $ 130 billion (5.46 trillion UAH) – an amount significantly exceeding all hryvnia assets that make up about 2.5 trillion hryvnias. Such statistics clearly demonstrate that even in the conditions of war and economic difficulties, Ukrainians continue to actively save, preferring more stable foreign currencies than national.
However, in practice this is not so easy, because saving needs discipline, competent planning and self -control. Why is it so difficult for us to accumulate money, and how can this process be more simple and effective?
Why is it difficult to save?
difficulties with savings associated with psychological, social and economic factors:
- psychology of instant pleasure – Our brain is programmed to receive an early reward. When we buy something, we feel instant joy. And the process of savings requires the rejection of this satisfaction now for the sake of future benefit, which is difficult to feel emotionally. Therefore, the accumulation seems to be something abstract and less attractive.
- The impact of marketing -marketing actively uses the fear of missing an advantageous opportunity. The phrases “only today”, “last chance”, “limited proposal” cause us a sense of urgency, pushing impulsive purchases. We are afraid that, without acquiring the goods now, we will lose the opportunity to save.
- Social pressure and the effect of comparison – Social networks form the idea of ”ideal life.” The desire to meet these standards makes people spend more than they can afford. Comparing ourselves with others, we subconsciously try to “stay at the level”, even if it harms our finances.
- Live “here and now” – In conditions of instability, especially during the war, many are trying to get maximum pleasure from the moment. The future seems unpredictable, so there is a desire to enjoy life today, and not put off for later. This leads to subconscious avoidance of accumulations and an increase in spontaneous costs.
“in the conditions of war and economic instability, the psychology” live today “is significantly intensified. But it is interesting that at the same time the Ukrainians set a record for the bought -out of the cash currency – in 2024 they bought up for $ 17 billion, – says economist Alexander Ohrimenko.
tools for easier savings
To turn savings into a habit, it is important to change the perception of this process. It is easier to achieve goals when they are concrete and visualized, not abstract. In addition to government bonds, deposits and investments in currency you can look for alternatives.
Therefore, there are many tools that help make the process of accumulation more interesting:
- piggy banks with division into section -Each sector corresponds to a certain amount that needs to be postponed, which makes the process more visual.
- Clock-organizers allow you to record savings, visualizing the progress of deposit of money in files.
- Mobile applications Analyze the costs and help to find opportunities for the possibilities for savings.
“At the expense of the war, many people have grown very significantly – the military receive good payments, people who are related to military tenders earn a lot, and those whose business works for war. Ukrainians now have an excess of hryvnias, but they are massively buying up the currency. It shows that the habit of buying a currency as it was and has remained before the war. Now the total amount of deposits of the population in banks is really very large, but it is really very large. People are not so much to carry money to the bank as the old money is shifted, because the interest is more inclined to buy cash on the calculation that there will be a devaluation and they will earn more, ”explains economist Alexander Okhrimenko.
Popular methodsMoney is spent imperceptibly – daily coffee, subscriptions to services, impulsive purchases become part of the habit, not real needs. That is why different methods of savings are gaining popularity on the Internet:
- A month without excessive costs – a way in which people limit the costs only necessary (food, utility bills), avoiding impulsive purchases.
- of the house
-Planning and preparation in advance to reduce the costs of restaurants and delivery.
The future of savings
Saving is not a refusal of pleasure, but an investment in your own future. Although the brain is subject to instant rewards, there are methods that help change the approach to accumulation. Using visual tools and effective methods of savings, you can make this process not only useful, but also interesting.
“How the habit of saving will change will depend on when and how the war ends. If the war really ends this year, although there is no such guarantee, then the habits will change a bit. To release for the restoration of Ukraine, ”says Alexander Okhrimenko.
The main thing is to perceive savings not as a restriction, but as a path to financial freedom and stability, especially in conditions of economic uncertainty. Despite psychological challenges and market temptations, disciplined savings remains the key to long -term financial well -being.
Author: Anastasia Kuprienko