Question

how do you make sure that you keep to your saving plan

Answer 1

Saving the money you have and the money you earn is very important to keep you future safe and secure.

We all make different saving plans to save the money and prevent unnecessary expenses. But most of the times we fail to stick to our plan and end up spending money. Some of the tips to stick to saving plan are:

1. set a budget - make a budget and decide which areas need to be spent money on and what areas do not require money expenditures.

2. Set long term and short term goals - set short term goals such as buying a car or some property and long term goals such as saving for child education and old age. These goals will keep you motivated to stick to saving plans.

3. set realistic goals to save money

4. invest in different saving plans such as fixed deposit, provident fund and stocks.

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