Useful tips on how to save money!

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Money saving is the most difficult task to do. No matter what we do, money always vanishes. From a recent article in SBS, here are some tips, which will 100% help you to save money.

 

save
Source: 2byou

 

Set a budget

  • Make a budget and make sure you stick to it.
  • Distribute your payroll into different accounts. For example one for saving and other to be used, this way you will save money every time you receive a paycheck.
  • Use an app to record every dollar you spend. It will keep a record of where your money goes and will help you set realistic goals.
  • Cancel unneeded direct debits; re-channel funds with regular payments into investment vehicles and high interest savings accounts.

 

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