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Steps To Developing A Savings Culture by Nobody: 12:20am On Nov 01, 2014 |
I really think the best way to save money is to invest it because that way the money will kept busy and working instead of idle. However, some people have asked how they can conventionally save money for future purposes and unforeseen contingencies, this is the reason for this post. Saving money is the art of setting aside some amount of money for future use. The main reason why so many people don’t always have enough money to do what they want or need is because they don’t have a good savings habit. You will learn how you can start saving money. Step 1: Establish what you want. It is very important that you determine what you want to do with money and the time when you would want to use it. Doing this will help you determine the amount you should set aside and over what period of time, for instance, if you desire to save N120,000 within six months, you should be saving about N20,000 every month. This amount can also be broken down into weeks or days depending on your convenience. What matters most is that you have a time limit for which to achieve your goal. Step 2: http://focalsuccess..com/2014/11/steps-to-developing-savings-culture.html |
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