So you need to save money quickly. Maybe you have a trip you’re planning on or you want to get a new phone, a camera, propose to your girlfriend, a car, whatever and you’re looking at your account balance and wondering when you’re ever going to have enough money to follow through with your plans. Well, I’m here to tell you that its possible to save enough money and quickly too.

First step is to come up with an estimate of how much you need. If you’re planning on a vacation for instance to say, Zanzibar, you should have an idea of how much flight tickets down there costs. Also, hotel rates, food and other planned activities should be taken into consideration.

Next, you should set a period for the actualization of whatever you decide on in the first step. Based on the figure calculated, divide your target amount by the number of months or weeks you have until the payment is due. Consider these numbers in the context of your regular income to see if you can realistically put that much aside. For example, if you want to buy a car by March next year , you would be dividing the cost of the car (lets say 3million naira) by the number of months (12) to get the amount you need to save monthly. Breaking large goals down into smaller ones makes them seem less daunting.

So now that you know how much you need, you need to draft out a plan to make sure you either increase your income or increase your savings. You can start off by getting back all you’re owed. A little 10k here, a little 25k there and you don’t realize a lot of your money is in other peoples’ hands. Try to get them back. If you... read more @https://olliealley./2018/03/14/how-to-save-money-fast/