Do You Force Yourself To Save Money?
Do you pay yourself first or pay your bills first then save the rest and realised that nothing much is left at the end of the month?
I am like most of the people who spend first then save later in the past and usually left with nothing, really. Things changed after I started reading some financial related books.
It is important to have a system or plan in order to build up your savings.
One of it is that i have setup an instruction to automatically deduct a certain amount from my pay receiving account (Citibank Stepup account) to my pure savings account (Standchart eSaver account) which I do not touch the money at all on the pay day.
This way, I can restrict myself to only spend the rest of the money in my Citibank Stepup account without worrying about how much money to save or when to save, or things like that.
It is always great to have some savings, be it for emergency or for personal use.
It is just a little effort. If you are lazy, then your money will be lazy too!
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cheers i agreed with u.