Saving Principles

[Suba]

For those of you who are used to saving, of course saving is not a big problem, but for those of you who are just starting to save, it will certainly be very difficult. especially if our income is not high, it will certainly be more difficult to divide it. Whatever it is or what will happen, you must have a strong determination to save and firmly adhere to the following saving principles:
1. Calculate your income and subtract basic living expenses and save the rest.
2. Save directly when income is received.
3. No need to check your savings balance frequently.
4. Collect loose change.
5. Allocate to investment instruments.

 

[Starmix]

The saving principle is very important to urge the person to save. It is true that when the income is small, it is very hard to save, the mind keeps on thinking how to divide the net of your salary. It is better not to pay the self first but save the money instead.

 

[Suba]

The saving principle is very important to urge the person to save. It is true that when the income is small, it is very hard to save, the mind keeps on thinking how to divide the net of your salary. It is better not to pay the self first but save the money instead.

Actually, in terms of the principle of saving, what matters is not the percentage that must be saved but the tendency to practice habits and discipline, so there is no problem if I can only save 1% of my income, the most important thing is that it must be done continuously.

 

[Starmix]

Actually, in terms of the principle of saving, what matters is not the percentage that must be saved but the tendency to practice habits and discipline, so there is no problem if I can only save 1% of my income, the most important thing is that it must be done continuously.

You are so right and by doing it, sooner or later, it will become a habit of their person to save his income despite small at least there is something for the rainy days.

 

[eLdavis]

Though saving principal might differ from that of the next person but it is extremely important to always have a savings principal. It helps us to be more organized.

 

[Starmix]

Yes, it is good to have a saving principle to guide us to the right path. When we become old or retired, our retirement pension may not be enough. We need to save more and invest more while we still have the energy and strong bones.

 

[Suba]

Though saving principal might differ from that of the next person but it is extremely important to always have a savings principal. It helps us to be more organized.

You are right, everyone will have saving principles, but people who have weak principles or no will to save will certainly never think about their financial future, so it is very important to build the will and discipline in saving.

 

[Augusta]

I like number one best I calculate my income and subtract basic living expenses and save the rest.This is way to go for me

 

[King Belieal]

I would say that automating savings could be a principle because it doesn't allow you to think and change your mind on your savings plan.