“They say if you save money, money will save you” this term is very important especially during these COVID-19 times.
It’s important to save money because life is full of uncertainties e.g. unexpected health issues, loss of job, damage to property, disrupted business, etc. Saving money can help one secure their future and attend to unexpected emergencies. Saving can also help people attain their goals e.g. Your child’s education, birth of child, wedding, car, property purchase, funeral, sickness, etc. Saving also makes one financially independent.
Tips on Saving Money:
- Keep track of your spending.
- Save regularly.
- Separate wants from needs.