We are about to finish the first quarter of the year, and this is the perfect time to refocus on the resolutions we set in January. Maybe we feel guilty that our goals have stalled, or even been completely forgotten.
Creating a new habit or starting a goal has no expiration date. You can still sign up for the gym, learn a new language, or start the habit of saving to achieve your dreams, like owning a home or land. If you’re interested in this last point, stay tuned! We’ll give you 3 creative ways to start saving.
52-Week Challenge
As the name suggests, this challenge lasts 52 weeks, and consists of saving an amount of money that increases each week. For example: the first week, $10; the second week, $20; and so on.
You’ll see many similar challenges, each with its own variations in time period and total amount to save. You can adapt to the one that best fits your own goals, or even create your own time and money margins.
Kakebo Method
This is a Japanese method that dates back to the early 20th century. Its name, “kakebo,” means “account book.” It consists of keeping a written record of our income, fixed and variable expenses, and organizing them into categories.
This method is about becoming aware of how we spend our money. We need to analyze and allocate spending and saving budgets more responsibly.
50/30/20 Rule
This rule has become popular for its effectiveness. Basically, it consists of allocating a certain percentage of your income to different categories:
- 50% goes to needs like rent, groceries, utilities, etc.
- 30% goes to wants like travel, hobbies, outings, etc.
- 20% goes to your savings goals.
Just like the 52-week challenge, this rule is a guideline you can adjust to your needs.
Achieve your goals with Grupo Emerita
We are a real estate developer with over 30 years of experience and more than 60 completed developments. Our projects are located in Tulum and Playa del Carmen, and whether you’re looking for an apartment, studio, villa, or land, we have something for you.
We invite you to learn more about the benefits of investing with Grupo Emerita!
You might be interested: “Grupo Emerita: una desarrolladora experiencias”
