Creating and maintaining a saving culture is a very hard thing to many people. Many people are of the notion that for one to save, one must be an employee and earning some good money. The truth is that whether you are employed, self-employed or still in search of employment, you can still save and become rich. Here are the five commandments that will help you save:
Thou shall always save that lose change
Many people do not regard coins as money and will always give them away or give them to children to go and buy sweets. It is high time you realized that coins are money and start saving them. Make it a priority to always keeping the coins you get at a certain place and then after they have accumulated you may save them on mobile or even in a bank. This is what we call ‘home banking’. Let us say you keep twenty shillings every day, for one month you will have saved 600 shillings and for one year, you will have saved 7200 shillings. Is that not money? Do away with that habit of regarding coins as coins and see money in them.
Thou shall never use the phrase ‘keep change’
Are you one of those generous people who will always tell waiters and shopkeepers to ‘keep change’? It is high time you stopped being that too generous and started saving. You may think that the cash you are telling that waiter to keep is petty but the fact still remains that that petty cash is money and if you saved it you will see its value. Let’s say you are among those people who concede 100 shillings as petty cash and therefore not worthy seeing the inside of their loaded pockets. If you saved 100 shillings per day, for one month you will be having 3000 shillings and for one year, you will be having 36000 worth of cash.
Thou shall minimize airtime usage
Just how much do you spend on buying credit card for your phone per day? Have you ever calculated how much you do spend in making calls using your phone? Do you know that there are people who would rather sleep hungry than having their phone without a credit card? It is time you considered just how much you spend on the credit of your phone and made some adjustments