How I plan To Save My Money This Year.
This year I have made steps on how to save my money, yes last year, I lost a huge amount do to lack of investment and lack of savings but spending was much higher... earning and spending, my brother adviced me to save , but I refused to do i thought the currency is not worth saving but I would have saved instead of giving myself a negative thought.
Normally I know there are positivity in savings like , reserving money for future, helps to invest faster when planned.
Therefore this year I have planned some ways to reserve money, like opening a fixed account, I believed fixed account will help me so much like reaching an agreement with the bank not to collect the money until 10months or so , depending on the agreement i will reach with them. Atleast I need to mark out certain amount which will always be deducted and transferred to the fixed account anytime they pay me salary.
I have another way like linking some little money with an akawo person, ...a little amount of money dropping some days in the week up to 1year will be a large amount of money, thou is risky somehow, most of them use to run away with people's money, thou I have heard many stories concerning akawo people running away with people's money.
I also have another idea but it depends on safety of my home,that is saving box, though i see this as acient way of saving, but also an awesome way of giving oneself a target , regulations on saving, a saving box will also be a great way for me to save this year, even a little drop of token will round up something before the year ends, but i know there are some challenges like risks of people entering the house, arm robbers breaking the door when no one is around, but savings supposed to be only little amounts But in everything we should always stay positive.
Saving money is important, I need to really save much, so I can reach some certain goals in the future
This is just little way i plan to save this year , thanks for stopping by. Thanks
@joeboi24
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Really, it pays to have a savings culture.
But saving your money in the bank is never the best option.
There are so many ways to go about it profitably
Enjoy your day
Really
Thanks for the information...
Please tell me which other way is profitable????
Buying and Selling????
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STOPNice one 👍
It is always good to set some amount of money for the future, eating all the earning leads to poverty in future.
Human wants cannot be satisfied even if you have all the money in the world it cannot be enough except you apply financial discipline.
All the plan you made this year is good however I cannot save my money with akawo people as you called them because it is very risky. I can save in my Owealth wallet and other saving apps.
Is owealth not risk too
....