The 5 secret savings tricks of our grandparents

Our dear grandparents have that point of wisdom that involves having a lifetime of experience. Therefore, today we want to share with you the 5 secret savings tricks from our grandparents. Because we know that they are strategies that work, and they are based on that accumulated knowledge.

Unlike the frenetic daily life we live in today, grandparents had a way of seeing life more austere and measured. They experienced very difficult periods, difficulties and failures on many occasions, which led them to develop unparalleled prudence.

Do you want to achieve the good results they had? We'll tell you about some of the Key tips for saving One of those I've always had.

The 5 secret savings tricks of our grandparents

The first of our grandparents' 5 secret savings tricks is clear: We have to live spending less than we earn.

This idea was repeated like a mantra, demonstrating the commitment of this generation not to overspend. In that sense, they used to get an idea of income and expenses, to organize household finances.

Here's the second tip, which is brilliant: You need to have a budget. It's the only way to ensure that expenses don't exceed income, control your day-to-day personal finances, and make smart decisions.

The money, always in cash

Another of the Tips for saving from our grandparents It is to carry the money in Cash. Come on, in cash. Always paying with a card, online payment gateways or similar makes us less aware of the money we are managing.

If we think about the purchases made by previous generations, even today, we see very little use of things like credit cards. Thanks to a system of traditional use of money, we are not only more aware of expenses, but also of what we actually have. Swiping the card is easy: watching the bills in our wallet fly, not so much.

Save and invest

Grandparents' last two saving tricks are making financial decisions intelligent and adapted to our knowledge. It was very common to see in the elderly an apartment, a commercial space or a warehouse to make money grow. Always with prudence, caution and, above all, knowledge.

So yes: investing in something was already a traditional way of managing the economy well. That said, it's essential Don't get involved in projects we don't understand. Basic training in finance (or lack thereof) must be applied realistically. That way, we avoid heartbreak. On the other hand, having a mattress for the unexpected is another classic: some money Just in case It helps, and a lot, when something happens that we don't expect. In general, you already know: since Goin we recommend that you bet on the prudence of your grandparents. And, in addition to these tricks, we suggest that you use our app to save. It's free! Although they didn't have it, we are sure it will add a great bonus to that prudent way of managing your money.