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Savings tips - Sky Financial Planning

Savings tips

Jan 17, 2016 | Articles

Here are some short and simple tips for saving for your future self,

  1. Start a saving habits by setting aside at least 10% of your salary.
  2. Principle of paying yourself first. When you receive your monthly salary, you can transfer a fixed amount to a separate bank account. This savings will help in big ticket spendings such as wedding, buying a house, or preparing for your newborn baby.
  3. Spend less than you earn. Control your monthly financial obligation. It should ideally be less than 50% of your monthly salary.

Find out more on your financial planning

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