The saving It is the habit that will allow us to be prepared and achieve everything that we propose this 2022Either to achieve short, medium or long-term goals or to have an emergency fund and be ready for situations that we do not expect, such as a pandemic, an illness or complications at work.
Benefits that saving will bring you
– Reach your goals: Saving in a disciplined way will allow you to fulfill your plans such as studying a diploma or a master’s degree, taking that dream trip with your family or buying what you really need.
– Protection: Knowing that if something unforeseen happens, you have money to cover it, it will make you feel protected.
– You will avoid new debts: There are always dates that require more income, that is why, if you have previously saved, you will not have to go into debt.
– Opportunities to generate new income: If you save constantly, in the medium term you will have enough money to start investing, either with financial products or starting a new business.
How to start a saving habit?
– Set goals: It is important to know what you are saving for, so you will stay motivated. In addition, you will be able to know if it is a medium or long-term goal. Remember that if you have several goals to meet, you must assign them an order of priority.
– Define your savings: It is essential to do it from your balance; that is, income minus expenses. On this balance you can allocate 30% to savings, in this way you will know what is the amount you are going to save on a monthly basis and in how long you will be able to reach your goal.
– Use the virtual piggy banks: For example, in some financial institutions the culture of saving is promoted through the virtual piggy bank, which can be located in your simple account or in your salary account.
– Monitor the progress of your savings: review the total amount saved from time to time, so you can identify problems and correct them quickly to meet your goals, as planned.
– Reflect before each purchase and compare prices: think twice if you really need to make that purchase to identify how important or not that new object would be in your life. Currently, there is a wide variety of items and brands that allow us to choose those products that best suit our pocket. Remember that the idea is not to look for the cheapest price, but rather items that satisfy our needs with a good value for money.
With these tips you can start saving and achieve your goals, with the tips of Mariana Rubio, Head of Education and Development at Interbank.
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Kingston is an accomplished author and journalist, known for his in-depth and engaging writing on sports. He currently works as a writer at 247 News Agency, where he has established himself as a respected voice in the sports industry.
