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Most times individuals including me have tight budget, yet we want to save more money because we know and very much understand the importance of saving money. Please your sincere and accurate answers to this question will mean a lot.
Most times individuals including me have tight budget, yet we want to save more money because we know and very much understand the importance of saving money. Please your sincere and accurate answers to this question will mean a lot.
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Reading your question means that currently you are not saving, in fact you can still save money even though you're on a tight budget. Actually saving is training yourself to be more disciplined and do it continuously. So you don't have to save every month in large percentages, for example 20%. but yRead more
Reading your question means that currently you are not saving, in fact you can still save money even though you’re on a tight budget. Actually saving is training yourself to be more disciplined and do it continuously. So you don’t have to save every month in large percentages, for example 20%. but you can do it in stages, for example the first month to the third month, you can budget money to save by 3% -5% which is allocated directly to a special savings account, the fourth month to the seventh month you can budget 6% to 10% of your total income, in the eighth month, evaluate your income and expenses, are you still able to increase the % of your savings to 15%, if yes and you are able to then continue until you can save at least 20% of your total income.
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