Save wisely: The 6 best tips for saving on salary and tips

Rent, electricity, insurance, food, ... If there is still too much money left over at the end of the month, something is definitely going wrong. If you are then faced with unexpected expenses, such as car repairs, the chaos is often perfect.

Good planning is essential to avoid money chaos. Above all, saving is really fun when it happens by the way and you don't feel like you have to watch every penny. The best thing for good followers of the savings tips: If you save well, you can treat yourself to something ...

We have the best savings tips for your salary and tips!

Just save 500 euros a month and then have to fall back on it in the end? That's no good. It's better to work out exactly how much money you need each month. Make a list of your fixed costs, i.e. all the fixed expenses you incur each month: Rent, electricity, GIS fee, cell phone fee, insurance, etc. Deduct this sum from your fixed salary. Then deduct the amount you need to live on: food, leisure activities, gas for the car, etc. If you have anything left over, this is the amount you can save. Important: Be realistic in your estimate and don't exaggerate.

You have now calculated the amount you can save. Invest half of it in longer-term forms of savings that you can't simply access. This could be a tied savings account, a building society savings account, etc. (Pay attention to the interest rate situation!) Set up a standing order that automatically transfers the money from your account at the beginning of the month. Put the other half into a savings account that you can access at any time. You can't expect high interest rates here, but unexpected expenses often come up. So it's good to have a nest egg at your disposal.

Tipping is a great thing. On the one hand, you don't have to pay tax on it, and on the other, it's a great way to save. Depending on how high your basic salary is, you can save everything or, for example, "treat yourself" to half of it and save the other half. The important thing is that you can live well alongside your savings. Otherwise, saving won't be fun and will become tedious. Do you often have small change in your pockets? A small but effective savings tip is to simply empty your pockets every evening. Put the change in a large piggy bank or preserving jar and at the end of the year, a great surprise awaits you at the coin counter ...

Gasoline, insurance, repairs, ... - A car is very convenient, but unfortunately also a money guzzler. If you don't need your car several days a week, think honestly and seriously about whether you absolutely need it. At best, your car will cost you at least 200 euros a month, at worst twice as much. Can you make your journeys by bus or train? Can you borrow a car from a friend or family? Or can you make an agreement with a colleague who is similar to you and share a car? Whatever you decide, it will help your wallet!

Of course you can just save into the blue. But your motivation will increase tremendously if you define a savings goal. What big wish would you like to fulfill? A trip around the world, your own apartment, a certain car - no matter what it is, this goal will motivate you the next time you are faced with the decision: do I really need this or would I rather save the money...

An absolute must every year: get back any overpaid taxes from the tax authorities via your tax adjustment. Sometimes it's just a few euros, but sometimes it's a few hundred euros. Important: Get information and tips on what you can deduct from your taxes. There are information events on this from the Austrian Chamber of Labor, for example, or you can ask a tax consultant for help. In any case, it pays off!