When we read at school our parent gave us money for spending a day. We finished that money. Because that time we didn't think about savings. Now we are mature now also our income is increased and our expenses too. Whenever our income is bigger our expenses become bigger too. So how can we control our savings? I'll share with you some unique and interesting tips so that you'll able to save your money.
Don't share your actual income with anyone:-
We can share our income with our family but except family we shouldn't share our income anyone. If you share so that some people offer you for many things then your savings will gone.
Think your income is half:-
If we think our income is half so that we can control our expenses. Let me explain; Suppose, your monthly income 1000$ dolar. So your monthly budget you of course made it 1000$ dolar. But you shouldn't. You think that your monthly income is 500$ dolar. Just forget about dur 500 dolar and save it in your bank account. So that your monthly budget will under control.
Save at least 20% of your income:-
You must even think its compulsory to save 20% of your income. If you save 20% of your income one day a big amount you'll get. In Japan, most citizen use this theory.
Use optimum level every daily item:-
Control expenses also a part of saving money. Your daily uses item like soap, perfume and food item is suger, milk use this item as optimum level. So that your expenses will decrease and your money will be saved.
Don't restaurant or expensive places more than 12 time in a year:-
You have to control your emotions and enjoyment level. Because if you want to save money you can't go outside more than 12 time in a year. Because of this restaurant visit and hangouts with friends can destroy your monthly budget and savings too.
Conclusion:-
So guys I share my own ideas about savings money. I have my own fund. Sometimes I take money from that fund as a lone. Then I repay the amount as soon as possible.
I hope you'll benefited after reading this article 😊
Written by: @TheSiam01