Micro savings: 4 unstoppable tips for putting money aside

Inflation hits the wallets of the French in the heart. At least from June 2022, consumer prices would have increased by 5.8% in the space of a year, estimates INSEE. We have to go back to 1985 to attest to such a rate.

If all French people are confronted with this inflation and therefore with a loss of purchasing power, some of them are even more affected than others: savers. Indeed, if you do not want to lose money by saving, you must absolutely find “investments that generate at least 5% of inflation”, recalls Karl Toussaint du Wast, co-founder of NetInvestissement.

Faced with this situation, it is therefore recommended to invest in “hard” assets. “In times of inflation, money loses value. The intrinsic value of a good does not fall. It is therefore the right time to buy real estate or a forest, for example”, specifies Nathalie Cariou, coach in financial intelligence.

Despite this loss of purchasing power, it is still possible to save small amounts of money, as regularly as possible without even noticing it. This is called micro savings. Planet has some tips for you.

Cash payments are less and less frequent. However, cash is very practical for making micro savings. Indeed, each time you pay with a note or in coins, you can keep your change and save it.

To do this, you can keep them in a simple piggy bank and as soon as you can, take them to your bank to deposit them in your savings solution to prevent your money from losing value in times of inflation. You will only need a few months to amass a nice jackpot.

If you want to unlock more funds to save, you can also perform the “rounding up” trick.

Regardless of your income, you do not go a month without making the slightest expense. Know that by taking a look at your account statements, you can set up a system that will allow you to save several euros per month. This is called the “round up” method.

With each purchase, you just have to look at the price and round it up to the next euro. Then take the difference between the actual price and the rounded price to set aside. “Thus, you save less than a euro for each expenditure, but several at the end of the month”, specifies Mon petit placement.

You can also save little by little by buying products on sale.

The French often have a budget allocated to sales periods. Their goal is simple: take advantage of the best possible discounts. Rather than making good deals, it is possible to put money aside to save.

The method is simple: for each product purchased on sale, you must save the money that the discount saved you. This technique will allow you to devote a nice sum of money to your savings plan, without even lowering your usual spending budget.

In addition to this method, it is possible to include in your spending budget a small amount of money that you will save.

Each month, you can also decide to save a small part of your salary. To do this and for it to pay off, you do not need to put several hundred euros aside each time. Put a few euros each time you receive your salary will be just as productive.

Indeed, the most important thing in savings as in micro-savings, “is the regularity of the effort undertaken”, as the economist Philippe Crevel indicated on Planet.

To do this, all you have to do is schedule a monthly automatic transfer from your current account to your savings plan, a few days after your pay day and you’re done.