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How To Save Money Even If You Have Low Income
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[QUOTE="AmaliaTG, post: 133688, member: 45258"] Saving is the foundation of your financial success even if you have spending problem or having much thought to saving money. Setting money aside can be so hard for alot of people but today I will share with you tips on how to save money even with low income but first you must implement habits and practices that are going to pay off because saving money should become part of your daily activity. 1. Setting up your budget- Set a budget such as expenses like your rent, food, transport, clothings expenses and things in your house. This will allow you to monitor yourself when it comes to saving for the future. 2. Stop spending too much - Identify what is it that Triggers your mind to make you spend unnecessary. Did you know that boredom can make you shop and spend too much? Make sure you always keep yourself busy from thinking of money and how you will spend money. 3 Apply The 30 Day Rule- This means that you will have to do anything and everything to make sure you don't purchase things until 30 days have ended. Not to say that you can't buy your daily needs but it's best way is to buy your needs in bulk and ensure it will take you for 30 days so that you don't spend anything during the rest of the days of the month. 4. Have Additional Streams Of Income- This means that you must have side hustle for you to increase your income and there this will make you save more. Don't just rely on your one job, push yourself to do some 2 side hustles and the income of those side hustles save them. Remember to implement this daily for you to see results. [/QUOTE]
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