How to save a million in a year: detailed instructions. How to save a million and not lose everything? Medialeaks experiment (hypothetical) How to save a million by saving 100 rubles
One million rubles. Great seven digit number. A pass to the club of the rich and successful. Is it really so? Interest Ask. A million is a good help in any endeavor.
What conclusions did I draw when I was able to accumulate a million
Following this path, I came to the following conclusions:
Need to earn more money. It is clear that everyone dreams of saving money, buying something or putting it into business, and then giving up work and living on interest. After 15 years, my life goals changed and I realized that work is a constant source of money for my investment projects. Try to earn as much money as possible. The more you earn, the more and faster you can save. If gaining new skills or knowledge will help you perform better, get them. This is an investment in yourself that will pay off later.
We need to invest more and more actively. When I saved, I put aside more than half of what I earned. That's the only reason I was able to save up very quickly.
My current norm is to put 10% of my income into a portfolio so that if I get tired of working, I can retire and live a relatively carefree life for the next 20 years. Having seen the full power of compound interest, I regret that I did not start investing sooner. At least 10,000, at least 5,000, at least 500 rubles. Whatever the amount was, time is playing on me. And the more often and more I invest, the better the success.
You cannot turn money into an end in itself. If your motivator is the thirst for money, sooner or later you will collect your million. But why do you need it or you don't know what to do with it?
Today I look at money differently. By and large, buying a car was a rather stupid idea, because the car did not make me richer. Today I would not buy this car. I wonder what would happen if I bought not a Mercedes, but an apartment for rent, say, in Thailand, Montenegro or Bulgaria? In those days it was comparable money. Now money for me is the tool that I use to build my wealth.
I used to be surprised by news like “a million was stolen from a pensioner”. Now there is no. I realized that you can save almost any, even the most fantastic amount, and for this it is not necessary to have huge incomes. How exactly? I can clearly describe and show everything.
How much can you save in a year? And in 5 years?
It has long been proven that even a beggar can create savings. In every second textbook on finance, you can find reflections that anyone can save 10% of their income. For a top manager with millions of dollars in earnings, it costs nothing to spend hundreds of thousands, for example, on a gift to himself and someone else. For a person with a salary of 100 thousand, one dozen is an almost imperceptible gap in income. And even for an old man with - it is quite possible to save 1000 rubles.
At first glance, ten percent of the savings will not go very far. However, the experience of rich countries completely refutes this. The savings rate in families in the USA, Germany, and Japan has fluctuated around this very 10% mark for the past half century. And nothing - they have enough accumulated capital to stay in the lead in the world economy.
In short, it is very easy to assess your strength in the matter of accumulating money. You need to resort to the formula: “10% of income is multiplied by the number of months.” Thus, you can accumulate at least 1.2 monthly salaries (or pensions) per year. Looking ahead, I will say that for a long time money is invested at 8-12%. Therefore, in 5 years you can accumulate more than 8 monthly earnings. By the way, a very good amount - it will add to your capital about the same as you yourself (up to 8% of your salary per month).
And this is far from the limit. From personal experience, I can say that 10% of income is the laziest way to save money. If you keep track of expenses, you suddenly find reserves in the amount of up to 30% of income - and without a drop in the quality of life! , so to speak.
As a rule, people manage to save up to 40% of their income as much as possible - banks lay down this amount when calculating loans (this is the maximum that an average borrower can take away from himself without slipping into a debt hole). So we get a wonderful ladder of opportunities: 10% -20% -30% -40%. Depending on your personal savings rate, you can collect a substantial amount of money in a short time.
Saving money without investing it in anything is a bad idea. Every 5-10 years, inflation increases prices by several times. I did a lot of calculations with my savings and came to the conclusion that a bank deposit (and it doesn’t matter: ruble or currency) allows you to guarantee money protection from depreciation. Even in the most terrible times, the maximum deposit rates in our country covered the increase in inflation.
For most of modern history, Russia has kept about 10% per annum. The maximum that banks usually offer to their depositors is +2% to the average rate. Thus, 12% is our main target for the coming years. For several months, such an investment will not bring almost any tangible profit. But if you replenish your account regularly for many years, then the picture is very pleasant.
The average salary in our country is about 30 thousand, in the capital - under 60. It turns out that a family of two people can save 5-10 thousand a month without straining at all. That's enough to get hold of in less than five years.
Well, if you keep track of expenses, then the bar of accumulation rises to 20 thousand (in the regions) or above 40 thousand (in Moscow). With such a savings rate, it is possible to accumulate more than 20 million rubles in 15 years. This is the cost of two Moscow apartments or a dozen good foreign cars.
One of the main goals of saving for me is to collect enough money to buy my own home (an apartment or better a house). This does not mean that I will definitely buy it -. But I set a goal for myself, and little by little I go towards it. It is very important to have a specific goal. Because approaching it inspires to save further.
The minimum individual housing in our country is usually 35 square meters in size. It will cost differently in every city. It depends on local earnings and on the demand for housing from residents of other regions. On average in the country, one Russian can afford 0.64 meters of housing for a salary (as Rosstat says). In Moscow - traditionally less (0.39 meters). It turns out that for you need to earn 55 average Russian salaries (in the regions) or 90 Moscow salaries (in the capital).
As I already considered above, the lazy way of accumulation (10% per month) makes it possible to postpone eight earnings within 5 years. In my case (30% per month) is 25 earnings (that is, more than two annual incomes). At this rate, in 12 years, the Moscow apartment will be in my pocket. And if you ask the price of other regions, then in just 6.5 years.
I advise you to use the same formula to calculate the savings for "kopeck piece" and "three piece". In any case, real estate prices are tied to demand, and hence to the income of the population. Salaries will grow, and apartments will rise in price. It's more convenient than counting in millions. So, it turns out that the average Russian "kopeck piece" (50 meters) will cost almost 80 salaries, and "three rubles" (65 meters) at least 100 monthly earnings. The timing of savings will depend on how much you are willing to save. I take 10-30% of family income (for two working people). It will take from 5.5 to 15 years to save for an apartment together:
For Moscow, the terms will be longer, but also quite achievable. So, slowly putting aside 10% each, you can save up for a “one-room apartment” in 14 years. And with a savings rate of 30%, its own “three rubles” should appear in 12.5 years.
How much can you earn a million? And a million dollars?
Very often, one of the main goals of accumulation becomes a million of something: rubles, hryvnia, tenge, dollars or euros. As is already clear from the previous graphs, the average income in our country allows you to quickly become a ruble millionaire. For a pensioner or a person with an income below the average, this is more difficult to do, but still possible. Calculations show that a million rubles alone can be accumulated in a maximum of 9 years with contributions of 5 thousand (this is 40% of the average pension in our country).
But that soldier is bad who does not dream of becoming a general. Therefore, when achieving the first goal, it is useful to have several more global ones. The largest financial achievement has long been considered a fortune of a million dollars. And, surprisingly, this amount is quite achievable for a family with average incomes. Just before I present the calculations, I will explain what and where it comes from.
You can also save money in a bank account. But this method of accumulation in reality differs little from ruble deposits. The maximum rate in foreign currency in Russia is usually at the level of 2.5-5%. This is enough to save the foreign currency from its own inflation and catch up a little to the yield in rubles. During periods when the ruble depreciates sharply (this happens once every 7-10 years), foreign currency deposits completely catch up with ruble deposits, and then begin to lag behind a little again.
Is there another way? Oh sure. Invest the dollar where it brings the maximum income - in the US stock market. From Russia, this can be done by opening an account with a broker or by buying shares of mutual funds that invest their funds in the United States. There are no technical differences from a deposit: everything is done in the bank. But you do not just replenish your account, but buy a security.
The yield of the American market in dollars is about 10% per annum. For more than a hundred years, these figures have not changed much. If you invest through mutual funds, then the yield will be a couple of percent lower - intermediaries (management companies) will take their share. But from the moment the savings grow to 10 thousand dollars, you can already directly (brokers do not work with a smaller amount) and receive all the required 10% from your money.
Thus, we can pledge 8% per annum in foreign currency until we accumulate 10 thousand dollars. And then at 10% per annum, until a million appears. As a result, this is what happens.
It turns out that a family with an income of more than 1,500 dollars (that's 100,000 rubles at the current exchange rate) is able to save a million dollars in just 27 years. A couple of young people with average Russian salaries ($500+$500) can cope with this task in a little longer than 30 years. And even alone it can be done. For example, a university graduate who has just turned 22 can save a million. To do this, he will need 38 years and $200 per month (that is, 13,000 rubles at the current exchange rate).
How is this possible? Thanks to interest capitalization. Purchase of securities for dividends from previous securities + additional contributions. Most of the resulting million will come from a growing market. A person who started saving $200 at age 23 will invest a little over $90,000 in stocks over the years of savings, and in the end will receive 11 times more. A couple of adults will not be able to do the same trick: to accumulate a million dollars, they will have to deposit 2-3 times more into the account than a young specialist.
Therefore, the main advice for saving money is to start saving as early as possible. Compound interest is a powerful thing. It allows you to increase capital at times. Just think: if you save $ 100, then by the time he comes of age he will have more than 60 thousand initial capital. Continuing in the same spirit, he will become a dollar millionaire at the age of 44, and by the time he retires, he will have increased this capital by another 5 times.
However, let's be honest. Few could become currency millionaires on just one salary, and these people do not live in our country. You need patience, discipline and nerves of steel (the stock market sometimes storms very strongly). And ideally, you need to earn. Because the Russian currency is inherently unstable and can bring unpleasant surprises. Nevertheless, everyone can cope with the elementary task of saving up for an apartment or a car. And you don't have to use loans for that.
Greetings, friends!
If you set a goal - to accumulate a million rubles, congratulations! So you have embarked on the right path to improve financial literacy and conscious management of personal finances. Of course, accumulating a million, and even in such a short time, is not an easy task, but we are not interested in easy tasks. So let's get started!
Why you need to save a million
There are a lot of goals for which it may be necessary to accumulate a million. It may be related to the desire fulfill your dream buy a car or buy property. Or the goal may be slightly different - to have a solid amount in reserve in order to be prepared for any life situations- whether it is a dismissal from work, health problems or other situations that require an urgent investment of money.
The most important thing is the goal must be. A simple desire to have a six-figure figure on the account, without realizing what it is for - a direct path to the fact that the accumulation will be wasted, and the cherished goal - to accumulate a million, will turn out to be unattainable. Remember that the path will not be easy - you will have to limit yourself in some way and work hard, which means you must always remember why you are doing this. The goal for which you want to accumulate a million must motivate and inspire.
What you need to know to save a million in a year
The first thing to remember is that the path will be difficult. Even if you have a high salary or a large income, the habit of mindlessly spending money will need to be overcome, and done in the shortest possible time.
The next thing to remember is that we live in a world where money can be stolen from anyone, and you need to protect yourself from losing money from your account. Fortunately, there are, observing which you will not let scammers steal your money.
Third - in pursuit of the desire to accumulate a million in a year - you do not need to turn your life into torture, eating bread and water. Our task is not just to save, but to find ways efficient use of available funds, under which you maintain a comfortable standard of living, saving the maximum possible amount of money. In addition, much attention must be paid looking for additional sources of income.
The million accumulation plan will consist of 3 main stages:
- Creating the right motivation;
- Ways to save available money;
- Creation of new sources of income;
Both of these points are equally important, but we will start by laying the foundation for the accumulation of a million - the right motivation.
To save a million, you need the right motivation
As I said before, effective accumulation of money is possible only when you know for sure what are you trying for. Your first and main task is to clearly formulate for yourself: “for what do you want to save a million?”.
First of all, material desires come to mind - a car, an apartment, a trip ... But believe me, the list of inspiring desires is not limited to this. Think about what could be financially independent, or, for example, receive a solid percentage from a bank deposit (if you have a million on deposit, you can receive about 8,000 rubles a month. This is almost the average Russian pension, for which Russians work all their lives).
Once you have determined for yourself what you are ready to try all year for, controlling expenses and finding additional sources of income, the next step is to learn keep your dream in sight. In other words, always remember her. How to do it? Very simple - find on the Internet a photo of your dream - a specific brand of car, a private house, a seascape, etc. Choose the most inspiring and motivating photo and add it to your computer desktop, as a screensaver on your phone, print it out and hang it in a frame at home. So you will constantly receive the necessary boost of motivation.
If there are several of your desires related to the accumulation of a million, then make a “dream collage” out of them. Here is one example:
Create a special account
The most convenient way to store accumulated money is a bank deposit. Call it “million by the end of the year,” and start putting money into it now. Set aside only such amounts that you are guaranteed not to withdraw back - otherwise, a bad habit will develop that will ruin everything. Choose the most convenient deposit, with the possibility of replenishment, not without the possibility of withdrawal, For example. Interest will begin to accrue on it from the first month.
Make a plan
Planning is one of the most important parts of big goals, and amassing a million in a year is a really big and challenging goal.
The plan should include a detailed description of how much you will save monthly, what sources of income you plan to add (and this will need to be done), plan all possible side jobs, bonuses, bonuses, so that you clearly see every step that will take you to a million.
Let's start by planning how much you can save from your monthly income. The average salary in Russia is 35,000 rubles per month. With such an income, it will be extremely difficult to accumulate a million in a year, however we will start from it. Now it does not matter how much you earn, it is important to determine how much you can save every month.
For example, out of 35,000 thousand rubles a month, it is possible to save about 20,000 monthly. If your salary is 50,000 a month, then you can save about 30,000. To do this, of course, you need to tighten your belts and give up some costly pleasures, but this is possible.
If your earnings are much lower, this does not mean that you will not be able to save a million. It may take you a little longer, but trust me, even accumulate a million in 2 years- this is the highest achievement, because 90% of Russians cannot accumulate such an amount in their entire life.
Start saving smart
So, if the level of your income is a value that changes with difficulty, then the level of expenses can be optimized right now, which is what we will do. But first you need to introduce one simple rule - your expenses must be recorded. For this, a regular notebook will do, or even better - a diary. Remember, only by recording each of your spending can you learn how to use the money you have as efficiently as possible.
In fact, there is nothing complicated in this, it is enough to write down your expenses. once at the end of the day, and in a month you will have a complete picture of how your salary is spent for 30 days. Once you've got into the habit of writing down your expenses, let's move on to how to start living frugally.
Housing expenses
First of all, you need to understand: have you chosen the most profitable accommodation option for yourself? If you have your own apartment, great! It remains only to optimize the cost of housing and communal services. If you pay for rented housing, and even rent an apartment alone, then the costs in this case are prohibitive, and you need to think about how to reduce them.
Firstly, do you have the opportunity to give up rented housing and move to live with your parents for at least a year? Yes, you are used to being independent and free, but you have such a serious goal, and it's worth it, because living in your parents' house is always less expensive. Moreover, if you reach the goal, you can purchase an apartment on a mortgage instead of rented housing, and pay not the owner of the apartment, but invest in your own housing.
If this is not possible, consider renting a larger apartment, but with your friends or other people in need of rented accommodation. There are a lot of ads on the Internet now from people who want to share the cost of renting with someone else. Yes, it may not be as comfortable, but it will be much cheaper than renting an apartment alone.
Food expenses
Before you start saving on food, remember to do it not at the expense of your health.
First of all, give up harmful and unnecessary products: sausages, mayonnaise, flour, semi-finished products, sausages. Give preference to natural products: meat, fish, mushrooms, buckwheat, vegetables and fruits - all this will not only help you save money, but also make you healthier.
If a person sets himself the goal of accumulating a million for a specific period, then it means that he decided to competently approach his financial condition. Some may find it funny, others simply will not believe the possibility of this, but if you really want to, then, you know, the impossible is possible. No one promises that the path will be easy. Everything must be done according to plan, not missing the nuances and chances, and then, with a competent approach, the achievement of the goal is quite realistic.
Motivation is the most important thing that can set a person to achieve such global goals. one is burning with the desire to buy a new car, another - to move into their own home, and the rest may have other, completely different aspirations. And rightly so, because without motivation nothing will work.
Before embarking on a task, a person must understand that he may have to limit himself very much in many things, and also be extremely careful.
The first point is that even if you have a decent job and make good money, in order to save up a solid amount of money, most likely you will have to overcome your habit of spending money on unnecessary things that are just fun.
The second point is safety. Think carefully about the place where your million will be accumulated. If you want to save it in cash, then do not forget that in a year or two inflation will lead to the loss of part of the funds. And besides that, cash can always be stolen. It will be safer to open a bank account and keep funds there, receiving interest that covers inflation. It would be even better to keep money in an account in euros or dollars. But you also need to open an account in a trusted institution, because there are a lot of scammers today.
The third point - do not forget that even if you save money, you must live and take care of yourself. Do not torture yourself by refusing healthy food and wearing cast-offs, stay comfortable and do not forget about your health.
How can you save money - a million rubles a year?
Let's talk a little about saving. The concept of saving money means giving up something you can essentially do without in favor of what you need and want. On the Internet you can find a savings calculator where you can calculate how much you will save by giving up something specific over a given period of time.
Advice! To quickly learn how to save, find a way for yourself to save, for example, 100 rubles a day. Everyone can save such an amount, and in a month about 3,000 rubles of extra money will come up.
A good plus for savings will be timely turning off the light and water. Also, you will be surprised how much you can save if you take food in a container from home with you to work, rather than buying ready-made for lunch. By investing money, you can make good money on deposits in currency, securities, and also in real estate. Such investments will not immediately bring a lot of income, of course, but by the time you retire, you will be able to save up such a budget without a bank that will help you not worry about finances. And if you have, you can organize yourself an excellent, passive additional income.
Get rid of unnecessary things and make a profit
Among other things, the easiest and fastest way to earn a certain amount of money is to sell the property that you can do without, the old, unnecessary, and also the most forgotten junk. There will always be someone who needs it.
On the Internet there is such a site as Avito. With it, you can sell absolutely everything over the Internet. You just need to place an ad and wait for a call from a potential buyer. You can sell things both in your city and in other settlements by sending things by mail.
Many people earn good amounts monthly through Avito by buying and selling various things.
What kind of things can be classified as subject to sale? This may include:
- Old appliances, mobile phone, outdated or even broken laptop, photography equipment and more;
- Attributes for hobbies and hobbies that have not been used for a long time: fishing rods, musical instruments, etc.;
- Goods for sports and tourist outings;
- Furniture and building materials;
- Elements of various collections;
- Goods for children: toys, clothes, crib, playpen, dishes, etc.;
- Unnecessary clothes.
Set yourself a goal - to earn 40-60 thousand per year by selling unnecessary 40-60 thousand and strive for it.
Having set a goal - to accumulate a million, do not forget about motivation. It is most important. Every day you must remember why you save, save money, deny yourself something. By following the rules and striving for the goal, you will definitely fulfill your dream.
One person saved a million, and now he wants to save even more.
Polygraph Sharikov
About himself, he says: "I really like to save - this is my sport." He started saving a few years ago, and during that time he developed a few rules for himself. We publish his story with minor editing.
Realize your situation
To understand how much you can save - a comfortable amount, the very balance of consumption and savings - you need to understand your living wage. And also - what you can save on and how much free money remains. To do this, you need to keep track of expenses. When you see the data, something will probably surprise you - at this stage, you can adjust consumption - for example, start cooking more at home.
Then, based on the numbers obtained, you need to draw up a budget for mandatory expenses: a communal apartment, travel, food home, lunches at work. This is your living wage. This amount must always be kept in mind, knowing that less than this by no means.
Negotiate with yourself
From the amount that remains after the deduction of mandatory expenses, we calculate how much you are willing to save each month. I am now actively saving for a major purchase, so I save more than half of all income. It's hard, of course. Another 25% of income goes to those very mandatory expenses. And another 25% - for everything pleasant, travel, entertainment, clothing. So they will actively save only a year, then it will be easier.
Work out the reaction speed
The main thing is to set aside the planned amount immediately after the receipt of money in the account. You can't wait a second here. Otherwise, you can spontaneously spend money on something unnecessary. Then the amount on the account will no longer seem so impressive - it will be a pity to tear off the lion's share from yourself.
distribute threads
It is necessary to keep the deferred separately from money for everyday expenses - funds for different purposes should not be confused with each other. This is the basic rule. It is desirable that the money that you are not going to spend right now is hard to reach - in moments of weakness you will not be able to spend it, they will continue to accumulate. At the initial level, you can keep money, for example, on a deposit, and at a more advanced level -
Plan and Waste
It remains to make a sign in which you need to plan a savings plan, for example, for the next year. And every month cross out the deferred amount, keep track of how much money will be in a month and how much in six months. Here the mode "Tsar Koschey languishes over gold" is turned on.