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the pressure to save a certain amount is what usually derails most people from been consistent with there savings on the long run, as i suggest saving should not be a strenuous activity to your finance.I am of the belief that savings is all about consistency. Determine in your heart the bit you can realistically save and don't be under pressure to measure up with others. Save that bit consistently and you would be amazed how much you would accumulate within a short time.
I could not make enough money in the previous month and the only way I can save money is to cut my expenses so that I can save some money and also spend some moneyTry to cust your expenses, even if it means cutting expenses on your necessities. For instance, you can move to a cheaper location to save money on rents, and eat veggies instead of meat to save money
What are some common money-saving tips for people on a tight budget, and how effective are they?
A lot of people try to save money after they have paid their all bills. This kind of saving method does not work because you will not have spare money by the end of the month. You should cut at leats 10 percent of your income and save it, and use the remaining amount to pay bills
Well, saving requires good income. If you are not generating enough money, how can you start saving? However, saving is also a commitment. If you keep your expenses low, you can start saving even with a little income. You also need to invest your savings to grow your money.
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