Saving starts with small initiatives. The earlier we start, the better and stronger our savings portfolio will look. However, sometimes the hardest thing is to get started. A lot of times, we end up pushing our saving plans to the back seat.
Here are 7 simple habits that will definitely help you take your first steps towards a financially fit life
MAKE IT SPECIFIC: Set up specific savings accounts for every goal
MAKE IT AUTOMATIC: Set up an auto-debit for your monthly savings to be directly debited from your paycheck
MAKE IT SMART: Apply the 50-30-20 rule. Categorise money into ‘Needs, Wants & Savings buckets’
MAKE A BUFFER BRACKET: Set aside money for them emergencies and rainy days
MAKE IT A JAM JAR APPROACH: Divide your money into separate pots for different expenses
MAKE IT SHOW: Journal expenses to plan better and avoid non-essential expenses in the future
MAKE A NO INTEREST RULE: Become a minimalist when it comes to credit cards
So, let’s take small steps to plan for a secure & happy future!!
Arya C is a 4th grader who talks about her transition from the US to India and how BYJU`S has helped her at that. She also loves how BYJU`S has made learning a lot more fun.
Meet Sourabh who has a ton to say about his BYJU`S learning experience. His love for quizzes, games and other fun activities are paying off!
V Shriya is a class eight student who has been using BYJU’S for a year now. She shares her experiences with using the app and how it has helped her in improving her academic performance.