There are only a few days left in the year to come, that is to say 2020, and everyone’s objectives for the new year include improving their finances and avoiding waste. So here is the advice from Oval to get off on the right foot in 2020.
Good financial intentions for 2020
Oval, the app that helps you set aside savings (automatically) thanks to the savings rules based on your habits, has provided tips for getting off to a great start in 2020 by managing your finances in the best possible way. The first suggestion is to read one financial education article a day in order to notice a growth in skills day after day. Alternatively, you could set aside a fixed amount of, say, 10% of your monthly income to try to invest it but without haste and calmly.
The second suggestion is to develop green habits perhaps by lowering the temperatures in rooms that are used less and using the shower instead of the tub. In this way there will be a considerable saving of water. Even the toilet flush consumes about 10 liters each time it is operated so a 2020 target could be to use it in a rational way.
Oval’s suggestions for a good financial 2020
The third suggestion to better manage one’s finances also concerns technology: first of all changing old light bulbs with LEDs, because they guarantee constant savings over time even if they cost a little more. And again, avoiding leaving devices on stand-by will help to consume less energy. In addition, you can use car sharing instead of your car, for example.
The fourth piece of advice is to avoid impulsive shopping or gifts: the secret will be to think about it in advance in order to better understand the needs of the other person. If, on the other hand, you have to buy something important for yourself, it will be necessary to take some time (at least 24 hours) to understand if you really need that object. Finally, Oval suggests to organize a day at zero expense in which no member of the family will have to spend 1 euro.
This will be a time to be together having fun with little.