“Getting Rich is not a function of investing a lot of money ; it is a result of investing regularly for long periods of time.” Save for a better future!

1. Why to Save ?

2. Reasons to Save
 Save for Emergency Funds
Life is uncertain. You may lose your job and not have any source of income to pay your
bills. There is also a chance of theft or fire destroying your property & assets. You may
have an insurance to cover the losses but you still need cash to pay deductibles.
Ideal Emergency Fund = 3 - 6 Months of your Expenses
 Save for Retirement
The sooner your start saving for your retirement, the lesser you have to save in the
future. In this way you can put your own money to work for you.
 Save for down payment for a house
You may need to save money for making down payment of the house. When you pay
considerate amount on the property upfront you will manage to get loan at a lower
interest rate.

3. Reasons to Save
 Save for Education
One very important reason to save money is for your or your children’s future education.
 Save for Car, Vacations & other Luxuries
Another reason to save money is to have fun. You can save for a new car, bike, LED TV
or other luxuries. While you can just pay for these with loans and credit cards, it is better
to pay the entire amount upfront so that you don’t end up paying interest on your dues.
 Save for Sinking Funds
A sinking fund is money that you set aside for future repairs or improvements required for
your house or other possessions.
 Grow your Wealth
The amount of money you save will earn interest and the savings can work for you. You
can then put this money into stable investments to generate more money.

4. What Industry stalwarts Quote -
“A penny saved Is “Do not save what is left
a penny earned.” after spending, but spend
what is left after saving.”
“Don’t spend your life
working for money,
save money and hire it
to work for you.”
Benjamin Franklin
Warren Buffet
Dr. John F Demartini

5. Stages of Financial Management
Basic Level Intermediate Comprehensive
Create a budget, keep Level Level
records and make Continue Budgeting, Continue budgeting, Keeping
necessary adjustments keeping records and records & adjusting plans
in your spending and adjusting plans
saving plan.
Continue with more savings &
Increase savings & insurance
insurance protection
Increase savings to permit
investments for long term needs
and other goals.

6. Ways to start saving
1. The next time your salary increases (or you get a bonus) consider
setting aside some or all of it before you get used to having the extra
money.
2. If your expenses decreases, like when you pay off your car loan, try to
set entire amount aside for savings.
3. Pick a regular expense that you can reduce such as dinner outings etc.
and save the money instead.
4. Take advantage of payroll deductions like PPF funds, direct deposit etc.
This way your money is automatically saved before you spend it.
Start Small but start Now..!!

7. Thank You
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