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Investing in yourself is the best investment you will ever make, it will not only improve your life, it will improve lives of all those around you.
Start with saving a little for your goals. To do that, crate a list of your basic and fixed expense, all the expense you cannot control. These should include food, utility bills, basic clothing, house rent and other similar expenses. Calculate your earnings and find what porting of your income goes to these expenses. Of whatever remains, save at least 10 percent of it, you can use the rest for all you can use the rest for all your other leisure related expenses.
As your income increases, increase the percentage of your saving to 12 percent then 15 percent and so on until you save about 50 percent of whatever you are left with after spending on all our fixed expenses. That habit can be a tough one to build especially if you are a shopaholic or if you never develop a saving culture. However, if you take baby steps, you can nature this helpful and healthy habit.
If saving 10 percent of y8ur leftover earnings is tough, start with saving around 50 dollars a month to en 25 dollars a month. Once y9u can easily save 50 dollars each month and maintain this habit for three to four months, slowly mot to saving 60 dollars or 75 dollars a month. When you sustain that habit for a few months, move to saving 100 dollars a month. Analyze your savings each month and when you see that tiny amount growing each day, you will feel amazing.
Make sure you do not spend that saving on anything unimportant. You can dedicate a portion of it to thing like medical emergencies but other than that, you should not touch your savings.
