Saving My Mula!!!

Entrepreneur

• Record your expenses.
• Check your receipts for services and account statements.
• Ask for feedback.

Did you give a busker some coins? Did you buy gum at the stoplight? Do you have a subscription to one or more streaming platforms? Write it all down. For a fortnight, record every expense you make, no matter how insignificant it may seem: from the subway ticket or the Uber ride to paying for basic services. At the end of the two weeks identify what your unnecessary expenses are and limit them in the next two. You will be surprised to see the difference that those small expenses make in your fortnight.

With these tips, your finances will have a short-term improvement. However, to achieve financial stability and peace of mind, the ideal is to complement them with a budget, as well as a savings plan.