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How to save money every month

on November 12 | in All, Personal Finance | by | with Comments Off on How to save money every month

Even though you are earning a huge amount of money every month, it is ideal that you save some of it. It is pointless that you earn a huge amount of money and never think of saving some of it. If you have been struggling on saving, surely this guide will walk you through.

Its true that saving can be very overwhelming. But the trick is to start by saving a little amount of money every month rather than spending money on South africa slots online. That way it can be easier than you think. Simply review your monthly expense and you will never go wrong.

Here is how you can simply stick to your budget:

Housing

There is no doubt that housing use up a huge amount on your budget. Typically, monthly payment for a 30-year mortgage that comes with 20% was $1,036 comparing with the median monthly $1,045 in the second quarter of 2020.

Therefore, if you have mortgage payment you should seriously consider saving money. You can simply do this by refinancing your mortgage. This will surely give you a lower mortgage payment.

Cash and the importance of saving money
Cash and the importance of saving money

Food

Feeding yourself is not cheap, especially if you are someone who have a health condition that need a special kind of food. To eat properly you will need to put aside $327 a month on household food items and $288 for food at a restaurant every month.

However, if you want to save money on food, you need to download a mobile application that will assist you to compare the prices before you buy. That will make you know some foodstuff you can get on promotion.

Transportation

Moving from one place to another can actually cost you a lot of money than you think. To avoid overspending too much on public transport, surely buy a good car if you don’t have cash try your luck on  machines à sous en ligne de francaisonlinecasinos. That can save you fuel and time.  Alternatively, you cannot afford a car; you can even get a motorcycle that can be available on a lease.

Source: entrepreneur.com

How to save money for your house
How to save money for your house

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