Savings is basic, but very difficult to implement. In this video i share how to save money with purpose;
1. Save For Emergency • Start with $ 1,000 • Then build up to 3 – 6 month of monthly expenses Save for emergency means you are prepared for unexpected.
2. Save To Pay In Cash It helps to break the habit of going into debt
3. Save For Retirement Put aside 10% of your monthly income as a long-term or retirement plan
So what are you savings for? Let me know your thoughts below ☺