Quote from: woez on June 06, 2023, 06:40:33 AM

Saving a third of your monthly income can be a realistic goal, but it depends on factors such as where you live and your expenses. If you earn $3,000 per month and have moderate expenses such as rent, food, utilities, phone bills, travel, and occasional entertainment, it's possible to save $1,000.

This is quite a large amount of income which is basically easier to save, especially if the point of saving is at $1000 which a person still has $2000 for all the necessities he needs to live. But this can't be imagined by those with small incomes because they still have to struggle for their daily needs first before struggling to make more decent savings in their lives even though by collecting little by little.

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However, it's important to consider the cost of living in your area and your personal financial obligations. It also requires budgeting and the discipline to save consistently to create a viable savings plan.

Considering the cost of living is always important, and it's not seen from which environment you come from and live your life. Because budgeting and the discipline to save consistently are part of everyone's planning in life, even though not everyone can do it at the same time because basically everyone doesn't have the same amount of income in their life.

Quote from: og kush420 on June 10, 2023, 11:40:59 PM

that is not an easy task esp at this point of time! since we are not a CEO of a fancy firm or earning a lot. But we can try manainting some goals and saving some funds to either have a vacation or to charity

Obviously it is not an easy task to carry out even though many people often say it is easy, because people who have little income certainly need to set every goal before they can carry it out gradually in life. Especially if they want to make savings for charity and for vacations, it always takes a little longer to make that happen, because they need to accumulate money slowly.