Augusta
VIP Contributor
Saving money for tomorrow is as important as making the money. As we all know life is unpredictable which means that anything can happen that might be financially demanding so your savings can be the saving grace at that time. So it is therefore, important to guard your savings so that it will help you serve the needed purpose in future.
If you intend starting out your savings as a first timer very soon. You need to realize the following and avoid making the same mistake did.
Don't lend out your savings: I made this mistake and half of my money went down the drain because the person didn't have to pay back in full. So I had to let go till date.
Avoid keeping your savings in an unsecured environment: if you are saving in a piggy bank at home make sure no one knows about it or else you might just be saving money for others to use.
Be discreet with information regarding your savings; Avoid divulging any information to the next person if possible, if you have to then it should be a very trustworthy person. Remember money is involved and some people can be bad with money information. So avoid sharing such information
What do you think?
If you intend starting out your savings as a first timer very soon. You need to realize the following and avoid making the same mistake did.
Don't lend out your savings: I made this mistake and half of my money went down the drain because the person didn't have to pay back in full. So I had to let go till date.
Avoid keeping your savings in an unsecured environment: if you are saving in a piggy bank at home make sure no one knows about it or else you might just be saving money for others to use.
Be discreet with information regarding your savings; Avoid divulging any information to the next person if possible, if you have to then it should be a very trustworthy person. Remember money is involved and some people can be bad with money information. So avoid sharing such information
What do you think?