4 Major tips to save money

 Saving money is one of the essential aspects of building wealth and having a secure financial future. Wealthy people have a great habit of saving money and controlling their expenses to grow wealth.


 This step-by-step guide for how to save money can help you develop a simple and realistic strategy, so you can save for all your short- and long-term savings goals.


1 .THE BUDGET RULE


The 50/30/20 rule states that 50 percent of your income should go to essentials like rent and food,  30 percent should go to personal expenses like self care,and the 20 percent should be saved.

2. AVOID DEBT


Avoid going into debt in the first place by spending within your limits and keeping your credit card at home. Also,do not buy things which are not necessary to you .


3.INVEST IN QUALITY PRODUCTS


Think about spending a bit more money on things that will last you longer. The better made a garment is, whether it’s jeans, or a  t-shirt, the longer it will typically last. Higher-quality clothing is also easier to care for than the cheaper on

4. TRIMMING YOUR EXPENSES


If your expenses are so high that you can’t save as much as you’d like, it might be time to cut back. Identify non-essentials that you can spend less on,cancel subscriptions,don't eat out.


Save money and money will save youSAVE MONEY AND MONEY WILL SAVE YOU.

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