Saturday, December 7, 2019

Simple ways to save money

Am writing this post to share some of the ways I have adopted to help me saving 45% of my salary

Every month

  • Automatic transfer of fixed amount (45%) to my saving account
Every day

  • Loose change - I will empty my purse of any loose change first thing in the morning when I reach office into a container which holds all my coins
  • $5 dollar note - Whenever I get a $5 dollar note, I will try to not spend it and then when I reach home, I will place my $5 dollar note into a container that holds my $5 dollar notes (so far I have already saved 350++)

There are months where I can't hit my target because of the holiday expenses etc. I will not beat myself over this because it is expected.

I don't have to do anything