I CAN'T STRESS ENOUGH the importance of setting aside money for savings. People think that it's impossible to do when you're starting out. especially on a small salary. Even small deposits to your savings account can add up to big money. That's why it's good to start when you're young. My brother @denmark works at a multinational company. As a corporate working boy, he's quit good monitoring his spending closely. Here, denmark list down ways in which one can have good amount of saving each month.
SET A BUDGET.
Divide your salary by 50/20/30
is a good balance for security and
fun-that's 50% for monthly dues,
20% for fun, and 30% for savings.
My top priority is rent, as that's
the biggest bills, luckily,
I've no debts for studies and loans
to pay off.
Then i factor in my cellphone, internet, and electricity
bills. That's usually half of my month of salary,
or lesson better months, I may not physically set aside
30% to a savings account, but I still make sure that I have
money saved up every month.
best regards, I am from indonesia happy to get acquainted with you
do not forget my vote yes,we help each other on steemit :-)
no problem
You have a lot of wisdom, keep saving and doing what you are doing with Steemit and I am sure you will do very well!
wow! financially smart.. galing! :)