- They have a budget
Great savers always know the difference between their wants and needs. They make a budget every month and stick to it. They also spend on their needs if they get a balance from shopping from their wants
- They use cash and cheque
There is a theory that once you pay for expenses with physical cash or cheque, provides enough of a mental speed bump to slow down many impulse buys.
- They prioritize saving
People with fat big accounts understand the finances and the importance of saving before spending a note on their monthly income.
- They have retirement accounts
Great savers always deposit 10% of their monthly income into their retirement account for their future.
- They look for great deals
Being frugal is a big part of a saving habit. They take advantage of discount sales to buy quality products especially the non-perishable ones in large quantities.