Many people do not manage their finances. there are also many people who feel that financial management is a difficult thing to do. In fact, managing finance is an important thing that must be done by everyone. Finance advise is something you should also know well. You have to manage your money wisely so that your money can be safe.
If you have saved, then you must keep the savings to stay safe. You may not take money from the savings except during an emergency. Here are some ways to keep your savings.
1. Method 20/80
You must pay all your debts as soon as possible. You can save 20 percent of your salary to save and not be able to spend the app. The rest, you can deduct 20 percent of your salary for your various needs. however, you also have to remember to use the money to buy something useful. If you feel burdened with 20 percent, then you can try with 20 percent.
2. Method of 10 percent
If you use this method, then you have to save 10 percent of your total salary money. You have to save the money in the bank so you don’t have the desire to use the money. If you can do this method, then you can save as much as 15 percent to 20 percent.
3. Method of dividing in half
You can do this method by dividing your money in two. You can use the first part for your needs every day and you can use the second part to save at the bank.
You can use some of these methods to manage your finances. If you have other methods, you can also do it to keep your savings from diminishing. You have to find the right method so that your finances don’t fall apart.