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RE: How to start saving for investment

in Project HOPE3 years ago

There are two main ways to increase savings: increase revenue and reduce costs.

I like the way you kicked off this post. Like an old friend of mine told me, he doesn't intend to start cutting down his expenses. He said that he wants to increase his income so much that his expenses are taken care of very well, and the rest are automatically saved. I think i like his approach, instead some people focus so much on reducing their expenses, that doesn't encourage them to go out and make more income. Although, both ways work, but I feel increasing revenue is the best option. Nice piece. Thanks for sharing!