Category: Finance
-
How to add value to your savings
Saving on its own is not enough. Make sure you earn compound interest on your savings. Compound interest in simple terms it is earning interest on your interest. Time value of money. Your money is worth more today than next year. It will lose its value due to inflation. You need to invest to earn…
-
How to budget & save on a low income
The best way to save is to reduce your expenses. Lower your expenses as much as you can. Budgeting and saving goes hand in hand. Before you receive your salary which you already know how much it is or have an idea of how much itβs going to be. 1st month 2nd month going forward…