Tips For Effective Saving

Hello to my fellow Seafarer outhere! Good morning, good afternoon, good evening. Hope everyday start with very good morning. Here, I want to share to you hope all of us can benefit to save effectively our hard earned money. As the writer of this book said. In every income group there will always be savers and spenders. It's up to you to choose whether you want to spend first and save last (if there's anything left) or follow the right formula for saving your money effectively.

INCOME - SAVINGS = EXPENSE

Meaning that you pay "yourself first". Once you get your salary set aside the portion as your savings and use whatever is left to cover your needs.