3 Easy ways to Start saving

When we’re talking about saving money, it’s common to automatically assume we earn little money, that the next pay day is far away or that we are on a “tight budget”.

The reality is that we all have the ability to save, as long as we comply with the formula: a) make a budget and b) reduce unnecessary expenses.

Three easy ways to start saving once and for all

In order for you to be part of the percentage of savers or improve your savings, I share with you different schemes that you can adapt according to your income.

Option #1: A Fixed Amount

This is an amount that you define and it will be dependent on how much you earn and how much you can allocate for savings. The recommended amount is 20% of your salary (you decide if you want more or less), the idea is for you to feel comfortable with the new habit.

Option #2: A Percentage

Option #3: A Goal

Example: A brand new car, travel or buying something that you’ve been planning for a long time.

Identify which form of saving you feel the most comfortable with and start. The important thing is to save, you can start by keeping it stored in your piggy bank, separate it in your payroll account or in a banking institution that will bring you returns over time so that your money does not lose value.

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I am dedicated to helping people and organizations achieve their financial goals so they can invest in their talents & passions, in people, and on their purpose

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Rodolfo Resines

I am dedicated to helping people and organizations achieve their financial goals so they can invest in their talents & passions, in people, and on their purpose