How Should You Save Money from Earnings?

[MOSIUR]

Saving money is one of the most tactful deeds in human life. It is undoubtedly a good deed in life because we are to face a financial problem at any time. If we have the habit of saving money in some ways, it will be a very plus point adding to life. Those who are matured, are certainly doing some works.

As an employee or a worker, If you want to have money in time of danger in life, what should you do? At first, you should decide at any circumstances you shall save money. In the second phase, you should think how much you shall save per day or per week or per month and it should be from your earnings because you will certainly get a salary every month. The person getting payment monthly, can save money monthly.

On the other hand, those who get money every day or every week, can save money in respective ways. If you are determined to save money, you can save everyday. Whenever you buy anything from anywhere, there is left some money, you can save it in a fixed place. At the end of the month, you will get a lot of money. You will never spend this money on any day unless you are in great problem. In this way, savings will be a great help for you.

What do you think of this issue?​

 

[Chibson]

I always advise people to save certain percentage of their income because sometimes unforeseen situation may arise and you need money to solve them. I use the method of saving 30% of my monthly income and investing about 50%. I use the rest source of mine immediate problems and other stuffs.

 

[kayode10]

I divided my income into three equal parts. about 30% of the money goes into savings before anything else. The second 30% goes back into the business that brings the money. I am going to spend the remaining 30% on my immediate expense. I follow this strictly evening when I am in need of money pay bills.

 

[Chibson]

I divided minds into three equal parts. about 30% of the money goes into savings before anything else. The second 30% goes back into the business that brings the money. I am going to spend the remaining 30% on my immediate expense. I follow this strictly evening when I am in need of money pay bills.

This is a very good method that you can use to save a whole lot of money. Financial Management is always very important for anyone that really wants to become successful in life and achieve a whole lot of things. Investing certain percentage of your monthly income is very important because it can go a long way in the future.

 

[kayode10]

@Chibson money management skill is very important especially during the present time when money is very scarce to get. To be very honest it is very hard to save any money this time around. It will require great discipline on oneself before you can decide to save. Most times the remaining can be very hard to manage.

 

[Deleted member 28127]

How much you will be saved per day can be determined the first time but expenses are unpredictable because sometimes you are planning to save this target by end of the month. There are calculations made before saving however these are just predictions based on previous experience. What is happening after can differ totally from what is predicted to the expense and save. So it is not the end of the world to save less than the target.

 

[kayode10]

Some people usually complain that they found it difficult to save out of the income they are realising. The problem is that they are the one paying themselves last after paying everyone else out of the money. They usually have nothing left to pay themselves after engaging in lot of expenditures. first take away the savings and base your expenses on the rest of the money.

 

[Abigael]

I think it is very important for one to adopt a saving culture as soon as they start earning. You can set up a certain percentage that you promise yourself that you will save each month. Then with self discipline,you can start saving that amount. It does not have to be for a specific thing, you can just call it an emergency savings plan.

 

[Mika]

If you want to save money, you should save from your income and not from the money left on your hands after paying your bills. For example, if you receive $1000 salary, you will have to save 5-10 percent of your total income, instead of paying your bills and buying necessary items and saving only when money is left

 

[Good-Guy]

Sadly, I have not been making much money in the current times, unfortunately. However, I believe that Inshallah I will be making more money the following year. Since I am not earning much, I am not able to save much money. Remember! You need to make money in order to save more!

 

[Augusta]

Saving is very important if you want to have money at all times. you should know tomorrow isn't promised even on our finances that's why it is important to always save money for the rainy day. Remember that you get sick or not be able to make money because if situations beyond your control. if you are confronted with situation like this, you should be able to fight it financially, since you would still have your money in terms of savings

Having a piggy bank isn't a bad idea too as you can store your money there. you just have to keep it in a secured place though, so that others wouldn't tamper with it. You can be keeping all your change in there. Even for those working on paid to post site, you can still save.

You can make up your mind to be saving at least 5% of your weekly earning in your saved box.

 

[Mango9]

In my opinion I think saving money is a necessity because if you don't save money you might develop a financial problem in the future but if you save you will not have to worry about financial problem, but I personally advise investing crypto currency because it is not just saving, it is also investing