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GOLDEN RULES OF SAVING MONEY How to Save Money?

Golden Rules of Saving Money

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Page 1: Golden Rules of Saving Money

GOLDEN

RULES OF

SAVING

MONEY

How to Save Money?

Page 2: Golden Rules of Saving Money

INTRODUCTION

Savings is not easy. It is something that one must learn to do and work on it.

Saving money over a lifetime requires conscious effort and continued awareness

It is much easier when it becomes a habit.

Page 3: Golden Rules of Saving Money

THE PRINCIPLES FOR SAVING

MONEY

Know your earnings and understand your spending patterns

Understand the magic of

interest that the bank agrees to

increase your money by offering

interest every year

Starting a Savings Plan-

The earlier you start the better are the results

Spend on Yourself First-

The best plan is to save first

and then spend what money is

left over.

Page 4: Golden Rules of Saving Money

LEARN HOW TO SAVE

MONEY

S

A

V

I

N

G

S

Page 5: Golden Rules of Saving Money

Set Savings Goals

Tracking Expense

s

Check your

budget

or prepare one if you

haven’t yet

Set targets to achieve

your savings goals

along the way

Once you have a

specific target or goal for saving, start a

savings plan

HOW TO SAVE MONEY

Page 6: Golden Rules of Saving Money

THANK YOU