Hey guys! I need some tips on how to save money. I am still a student and I know that I can't save much money with just my allowance only. But still, I want to have some ideas on how to effectively save money. I want to know how you save your money.
If we save money today, we will have resources in times of need. As a student, it is really hard to save money, especially that we have many things to spend with. Our money is divided for transportation, food, snack, school project, load, and recreation. With many expenses, most of the time there is nothing left to be saved. For effective savings, we must set aside first atleast 20 percent of money and spend only the 80 percent left. We will never touch our saving except for the set date that we will open our piggy bank. In that manner, we can save a lot.