Balancing Income and Expenses

[Mika]

One of the major challenges regarding saving is people do not have skills to balance income and expenses. People often struggle to save due to low income or high expenses. To save money effectively, focus on increasing your income and cutting unnecessary expenses. Balancing these aspects is key to achieving your saving goals. How much you spend should depend on how much you are making. If your income is low, why waste money in driving card, why not commute on public transport. If your income is low why spend money on drinking a lot of coffee, why not cut your coffee spending.