Effortless savers typically adhere to these 7 principles

In a series of insightful articles penned by Melanie Kruvelis, the concept of effortless saving has been explored. This approach to personal finance is not about strenuous efforts, but rather a shift in self-image and mindset.

Embrace the Identity: Effortless savers don't view saving as an activity, but as an integral part of their identity. They transition from seeing themselves as someone trying to save money, to someone who is good with money.
Align Saving with Self-Image: Saving becomes effortless when it aligns with your self-image. When you view yourself as someone who is good with money, you naturally make decisions that reflect this self-image.
Focus on Building Wealth, Not Appearing Wealthy: Smart savers prioritize actual wealth over the appearance of wealth. They understand that true wealth is not about material possessions, but about financial security and freedom.
Resist Lifestyle Inflation: Effortless savers refuse to let their spending increase with their income. They maintain their current standard of living, even when their income grows.
Automate Your Savings: To make saving effortless, set up automatic transfers from your paycheck to savings before you even see it. This way, saving becomes a habit that happens automatically.
Track Your Money Wisely: Keeping track of your money doesn't have to be a chore. Effortless savers use simple systems to stay informed about their finances, without letting it consume their life.
Play the Long Game: Effortless savers understand that small, consistent actions compound over time into something much bigger. They think long-term and focus on the benefits that will come from their savings in the future.

It's important to note that you don't have to implement all seven rules at once. Instead, pick one that resonates most with you and focus on that for the next month. Over time, these habits will become second nature, and saving will truly feel effortless.

As Bill Gates once said, "Most people overestimate what they can do in one year and underestimate what they can do in ten years." So, start your journey towards effortless saving today, and watch your financial future blossom.