Firstly, it is essential to be organized. Preparing a good plan is crucial. It will be your guide throughout the savings process helping you to stay on track towards your goal. This means knowing your income and fixed expenses so you can get an idea of how much you can save each month. Once you have this information, you can proceed to the next step.
The next step is to create a budget. Your budget should be based on a realistic goal that you can reach each month. Here, it should also be noted that any extra income you receive should go towards your financial cushion. You never know when you might have to bear an unexpected cost which could disrupt your savings plan and set back any savings you have made so far.
A good idea is to download the BBVA app to help you organize your money. The BBVA app features the My Everyday Operations service to help you control your money by displaying your income and expenses in different categories. You can also plan and make decisions about your savings.
The final tip is to search for the best offers. Online comparison tools make it easier than ever to get the best value for money. However, as with everything, there is a downside: as you search online for offers, you will be exposed to an enormous range of discounts at very attractive prices. It can be very easy to give in to temptation and make unnecessary purchases. However, this should be avoided at all costs.