More Related Content
Similar to Saving Money
Similar to Saving Money (20)
Recently uploaded
Recently uploaded (7)
Saving Money
- 1. Presentation on Money Saving 1
- 2. “ “If you don’t get serious about your money, you will never have serious money…” 2
- 3. Why Saving
- 4. 4 Simple ways to save money 1. Record your expenses 2. Make a budget 3. Plan on saving money 4. Choose something to save for 5. Decide your priorities 6. Pick the right tool 7. Make saving automatic 8. Watch your saving grow
- 5. 5 Simple ways to save money Record your expenses • Keep track of the expenses • Organize the numbers of categories
- 6. 6 Simple ways to save money Make a budget • Plan your spending and limit overspending • Plan your budget for regular and will occur expenses
- 7. 7 Simple ways to save money Plan on saving money • Create a saving category • Put 10 -15 percent of your income on your savings • Identify non-essentials that you can spend less
- 8. 8 Simple ways to save money Choose something to save for • Set a goal • Short team saving (1-3 years) • Long term saving (4+ years)
- 9. 9 Simple ways to save money Decide on your priorities • When to start saving
- 10. 10 Simple ways to save money Pick the right tool • Research on bank policies about interest • Short term • Long term
- 11. 11 Simple ways to save money Make saving automatic • Automated transfers
- 12. 12 Simple ways to save money Watch your saving grow • Check your progress every month
- 13. Be your own boss Push yourself hard for saving
Editor's Notes
- Almost all banks offer automated transfers between your checking and savings accounts. You can choose when, how much and where to transfer money to, or even split your direct deposit between your checking and savings accounts. Automated transfers is a great way to save money ,it generally reduces the temptation to spend the money instead.
- Check your progress every month. Not only will this help you stick to your personal savings plan but it also helps you identify and fix problems quickly. These simple ways to save money may even inspire you to save more and hit your goals faster.