Are you Ready for this Effective Savings Challenge?

Are you ready for this Effective Savings Challenge?

This is the 30 days challenge and is extremely effective! Will you achieve it? Keep readying and get ready to save a bunch of money. Read on!

This is the 30 days challenge and is extremely effective! Will you achieve it? Keep readying and get ready to save a bunch of money. Read on!

With the 30-day challenge, you can meet a financial goal and also with the objective of learning to save, so it is recommended for beginners and for people who receive low income from their jobs. To achieve this, it will be necessary to have a piggy bank or some other container in which you can deposit the money accumulated for a month.

With the 30-day challenge, you can meet a financial goal and also with the objective of learning to save, so it is recommended for beginners and for people who receive low income from their jobs.

In addition to accumulating in the piggy bank or savings account and checking the boxes with the amounts marked in the following table, other rules are that not a single day should pass without having made a deposit in the piggy bank and mark the amount entered daily to obtain the full 1,000 pesos at the end of the month.

Preferably, it is recommended that the deposit be made in the morning before you run the risk of using the amount that corresponds to the savings in other purchases or in the so-called "ant expenses", which are those small amounts of money that apparently do not have an impact in your budget but that, in reality, have a great impact on your weekly, biweekly or monthly finances. In addition, these expenses are not regularly planned, so it will be more difficult to keep track of your income and expenses.

Preferably, it is recommended that the deposit be made in the morning before you run the risk of using the amount that corresponds to the savings in other purchases

Other tips offered by specialists to start saving are the following:

1. make a monthly budget

2.Learn to differentiate your tastes from your needs

3. Establish goals for your savings in the short, medium and long term

4.Divet part of your monthly income to savings

5 be organized

6.Look for opportunities to reduce expenses

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