Money

Matters

The importance of Saving Money

For many people hitting the lottery its a recurring dream,
regrettably its unlikely to happen. However, there its a verified
way to reach some of your goals. To make it you must be
disciplined and patient

What I need to do?

-Plan your future

-Count with a constant plan for saving and investing money

What is saving?
Saving is income not spend. To save money you must
spend less than what you earn.
Reducing expenses, and not necessarily to obtain more
incomes, is the key to the control of your finances.
Unfortunately many people spend more than what they
earn, some of them even live out of their possibilities.

Saving is to establish a reserve for the future that at some

moment may be used to:

-Concrete financial goals

-Generate money that can permit us to front credits

-Paying high expenses (Initial payment of a house or

completing your retirement plan)

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-Prepare for any type of emergency

-To improve your financial status (To pay your debts and
improving your financial rating)

-Invest on yourself (For education, job training or any tool for

your work or vocation).

Saving is for all.

Neglecting your number just n=because you have a low
income is not an excuse. Conversely, if learn to plan and
manage your money, every lempira will help you reach your
financial goals, that any other way will result impossible.
Planning, even though you dont have a lot of money, will
make reach incredible results.
There is also the chance to open a saving account with a
bank that will give you interest or extraordinary income that
you could add to your savings.
You need to plan to get the most out of your resources.

Have you decided to save money?

The next 8 advices may help you reach your goal of saving

Establish precise objectives.

Take decisions with your partner or family.

Reduce and distributed expenses.

Separate a monthly amount

Dont touch your saving.

Use your creativity.

Keep yourself informed.

Think on your budget like that of a company.

THE END