Tuesday, March 22, 2016

How to save money fast

  1. After you earn money, deposit part of your income to another interest-earning account.

  2. If you get a cash gift or a loan repayment, put half of the money into an envelope so you can save and invest it for later.

  3. If someone asks you to go out but you are too busy, take a rain check and put the money that you could have used going out into your savings.

  4. Ask your family about their dreams, and figure out their timelines and costs. Then save enough every month to reach them.

  5. Imagine that you already have all the money in the world. What do you still want to do? Work out the costs, and invest to make it happen.

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