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Rule Number One for Personal Finance: Spend Less, Save More
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[QUOTE="moonchild, post: 332031, member: 57467"] I've not understood this till I started earning money, I wanted to always increase my income and forget savings, but most times reality is totally different and you have to make do on what is available to you before you can even create another income source but without saving you won't be able to increase your income. So yes, being able to save more money will help you to do other things including increasing your income, for example if you want to start a side business, without having a substantial saving it'll basically become not doable at all, you also have to be consistent in your saving too to make it worthwhile. [/QUOTE]
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Rule Number One for Personal Finance: Spend Less, Save More
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