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I saw news that 50% of single people have no savings, and 30% of households with two or more people also have zero savings.

I often hear talk about the average savings being millions, but I've always thought, 'No way, that can't be right.'

Actually, the data I saw today aligns more with my sense of reality, and I feel like, 'Ah, so that's how it is.'

Prices are rising, vegetables are soaring, and it's become a difficult era just to live.

At the same time, since the average savings amount is increasing, the gap between rich and poor is probably expanding more than ever before.

Actually, if you ask why this gap between rich and poor is emerging, it would be easy to blame everything on the country, but that's not the case.

Honestly, the reason for not having savings is the lack of opportunities to learn how to save, and the insufficient correct effort that comes with it.

Regarding what kind of effort you should make, the article I just wrote,To lead your life to financial success. Just two important things.I hope you will read it.

However, before making an effort, there are about three things you need to be careful about to save money, so I hope you will keep this article in mind as a basic concept.

If you don't keep these three points in mind, please consider that you will absolutely not be able to save money in this day and age.

Let's reduce fixed costs to the absolute limit. Continuous outflows are the most painful.

Money that continuously goes out every month. Let's bring this as close to zero as possible.

What's eating away at your savings is basically this. Fixed costs. They're huge.

Going out for a drink or playing a little doesn't actually amount to such a large expense.

Even if hundreds or thousands of yen accumulate over a month, it can't beat the enormity of fixed costs.

Rent. Utilities. Mobile phone bill. Food expenses. And if you're receiving any services, their monthly fees.

Basically, if you bring these as close to zero as possible, savings will accumulate just from that.

In the case of rent, if I were single, I'd live with someone. lol

Regarding utility costs, it's best not to use them as much as possible, and for mobile phone charges, use a low-cost SIM and LINE calls.

Since phone calls are mostly for work, request a company-provided phone.

For food expenses, think about recipes that can save money.

Cancel any unnecessary monthly subscription services!

Because the small accumulation and sheer size of fixed costs will take away most of your income.

Set a limit on how much you can spend per day.

Setting a limit on how much money can be used per day is also very effective.

If you don't spend with limits in mind, money will generally keep flowing out.

A slight lapse in judgment can lead to buying something unnecessarily or purchasing things you don't really need.

Small accumulations add up to large sums of tens of thousands of yen.

It's important to set limits and clearly visualize your expenses and outgoing money.

It's difficult to keep track of expenses in real-time, but if you decide how much money you can spend from the beginning, it becomes easier to manage.

By the way, the moment I set a limit on how much I could spend per day, I lost weight. Lol

I lost nearly 10 kilograms all at once, so setting limits on money also leads to dieting.

You can save money and lose weight, it's the best!

Let's acquire another source of income.

Even if you try to manage solely within your existing income, it's actually quite difficult.

If you had another source of income besides your current job, your life would instantly become much easier.

However, in Japan, most people have never received education on creating a business.

Many people also don't know how to create their own source of income.

If that's you, please register as a friend for my operatedLINE@PLAYLIFEand try registering as a friend.

Here, I deliver daily content on how to create a side business and how to generate other sources of income.

Additionally, as I will be holding camps and study sessions, it will also serve as an opportunity to boost motivation within the community.

Please,LINE@PLAYLIFEregister as a friend to gain the foundational knowledge, triggers, and actual actions to create your own side income.

Also, by re-reading my past articles, you'll find various writings about creating work, so please refer to them.

Manage your withdrawals and deposits. Preferably with an app.

There are several important keywords for saving money, but 'understanding' is the most crucial one.

The reason savings don't accumulate, in addition to the two points mentioned earlier, is because you don't understand your own cash flow.

Think about it.

Saving money is simple: if the money coming in is more than the money going out, it will increase.

What you actually need to do is simple.

Just constantly manage your expenses and deposits, and ensure deposits are greater.

However, it's easier said than done, and because it's difficult to actually do, that's why savings don't accumulate.

Therefore, let's properly manage withdrawals and deposits using an app.

The app I recommend is Money Forward.

I actually use it myself, and Money Forward not only manages withdrawals and deposits from all accounts, credit cards, and other financial asset operations in one place, but you can also import receipts by taking photos of them.

Furthermore, it properly manages monthly comparisons and the percentage of where your money is being spent, allowing you to clearly manage what is causing your savings not to accumulate.

By introducing Money Forward, I became aware of my spending and started managing it.

It also leads to changes in mindset and way of thinking, so please give it a try.

Well, it seems there are some people who say that if you don't write a household budget by hand, you can't save money, so it's no good.

Actually, there's no such thing as not being able to save money even with a tool, 'as long as you understand how much is being spent where'.

Saying that it can only be done by hand simply means you're not used to using new tools.

It's simply a matter of individual differences.

For those accustomed to apps, apps and tools are easier to use.

The important thing is that whether you do it by hand or use a tool, as long as you can manage how much is being spent where, that's fine.

That said, ultimately, I think it's best to do it in the way that's easiest for you.

Originally, it's definitely better to manage it completely as data rather than writing it by hand, and to use your energy to reduce 'tasks' and increase 'thinking' about what is wasteful and how to manage things.

So, as a recommendation, even if you're not used to it at first, I recommend using tools extensively until you get accustomed to managing with them.

Summary

The method of saving money is easy to talk about.

However, whether it can actually be achieved is a different story.

Not only must you consciously do it yourself, but to save more efficiently, you must devise a major strategy: creating an additional source of income for yourself.

Rather, in today's society, if you don't create an additional source of income, even in the form of a side job, living a rich life will remain a distant dream.

To build up your savings and live comfortably, first try to be mindful of the four points we discussed this time.

Reduce fixed costs, increase income sources, properly manage withdrawals and deposits, and decide how much money you can spend per day.

How long you can continuously achieve this will determine your future savings.

Also, regarding 'creating an additional source of income,' which will likely be the highest hurdle, we believe we can support you,LINE@PLAYLIFEplease try adding us as a friend.

Now, let's proceed with building a solid savings foundation and creating a system that allows you to live comfortably!