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Saving is important.
It is very important to save as it helps in an unforseen time or even helps you build wealth.Even if you are an adult,teen or even a parent can teach their small children to save a little bit amout of money.
How to save?
In order to save you just need a little bit of discipline.Just make it a necessity that when you get your salary/pocket money,you will take minimum 10% and keep progressing as you start becoming comfortable.You cam also save a portion when you get any relatively good sum from relatives on birthday,etc.So you just need to start
When you save as time passes and believe me it does there is a feeling of happiness or a sense of achievement.It increases a bit of confidence that you have a control on your financial health
What to do with the amount left?
The amount of money left after taking out the saving divide it into necessities and wants.Use it carefully but as you have saved enjoy this amount to yourself to the fullest and if you are liking it you can save more but dont become miser,you know
What to do with the saving portion?
Dont just waste the amount you saved on any desire.You shoud either
1)You should try to pay back your debts as fast as you can.
2)Try to acquire safe assets.Assets which have a good possibility of giving return.Dont expect a 100% return even 7 or 8% is enough.Dont get greedy
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