Developing A Saving Culture: How To Discipline Yourself.

-


 Developing A Saving Culture: How To Discipline Yourself.

By Simon Senaya 

🎒👘👚👜🎩🎩

A healthy saving habit plays an important role in attaining financial freedom. A culture of saving helps you better control your money and secure your financial future. 


Here are a few ways you can discipline yourself and save more.


1. Know your expenses

The first and most important step to take if you want to start a saving journey is to get familiar with your monthly expenses. This way, you know how much you spend on things like rent, data and call credit, cable subscription, transportation, feeding, clothing, utilities, entertainment etc. 


2. Save until you’ve reached your target

Set a savings target – nothing gets your motivation up than a target. It also helps you stay disciplined. Of course, you can keep saving, even after you meet your target. 


3. Do more with less

You should also watch out for places where you can get quality items at discounted amounts or relatively affordable prices. With this, you get more value by paying less, which leaves you more to save.

Comments

Post a Comment

Popular posts from this blog

MANAGING MISTAKES EFFECTIVELY!

-
Image
 MANAGING MISTAKES EFFECTIVELY! Written By Wisdom Alexander, A  Personal development strategist. A wealthy businessman was in a position of appointing a manager in one of his company. Twenty potential managers were assembled for the role. After careful assessment, the numbers were screened down to ten and then to five potential individuals. This wealthy businessman looked at the five favourite managers for the role and ask each of them this simple question:  'How often do you make mistakes?' Four out of the five, explains how they try as much as possible to avoid mistakes while they carryout their managerial responsibility.  Quite interestingly, the fifth guy among them explains how he has made numerous mistakes in his previous managerial role while trying to create systems and find new ways of doing his job. Mind you, this fifth guy was the least favorite in terms of experience and educational qualifications. Without hesitation, this wealthy businessman appointed the fifth guy
Read more

Robert t. kiyosaki exceptional business quotes.

-
Image
                        By Michael C.Onah  .Robert toru kiyosaki is an American Japanese man, he is author of the best sailing times of rich dad poor dad. He is a business mogul an investor in real estate business and also a  known public speaker across abroad. He is happily married to kim kiyosaki, who also follow her husband’s foot step in the business, kim she is a columnist for womenEntrepreneur.com. her first book , rich women; the book it talked about more of investing in women life. More of his business seminars Robert talked about how you can be free or being financial independent to yourself. When you are walking under somebody; I quote; ‘ you’re in a bondage that may take you times before coming out and you’re free. And that’s why he talked about savings, investing in any lucrative businesses at all. Right now we will browse and to assimilate his mason jars business quotes.   “In the world of money, business and investing, we have too many preachers.” Rober
Read more

This Is Why You Are Not Getting Opportunities

-
Image
  THIS IS WHY YOU ARE NOT GETTING OPPORTUNITIES  Written By Edirin Edewor It is not your village people. Your environment determines the kind of opportunities you will get, and to the degree in which you will get these opportunities. Your environment doesn't have to only be your physical geography. It could be the people you hang out with or the kind of experiences you immerse yourself in.  There are certain opportunities you can never get unless you're in a particular city, state or country.  There are certain opportunities you will not be able to take advantage of if you don't have a passport or a valid visa.  There are certain opportunities you will have to turn down because your business isn't yet registered and/or you don't have a corporate account.  There are jobs you will not be able to take on because you have refused to open a Domiciliary account.  There are conversations you will never be able to be a part of because you are not physically present in the r
Read more