Nine Habits To Becoming A financially Independent Woman.
- March 9, 2021
1. Create Your Budget
2. Keep Track Of Your Expenses
3. Set Ambitious Financial Goals
One of the best ways to save money is to set a goal. After your expenses and income, your goals are likely to have the biggest impact on how you allocate your savings. Start by thinking of what you might want to save for, perhaps you’re getting married, planning a vacation or saving for further education. Then figure out how much money you’ll need and how long it might take you to save it.
5. Pack Lunch (And Eat At Home)
6. Control Your Impulses:
If you’re serious about financial independence, be honest and ask yourself, Do you want it or do you need it? Avoid impulse buying.
7. Avoid a poverty mentality
8.Open A Non-Withdrawable Savings Account
One of the hardest parts of saving is not touching your money after you’ve saved it. Open a savings account separate from your current account, you can automatically transfer funds from your current account into a savings account every month. Consider a digital Sacco savings account.
9. Explore the opportunities of a passive income
To supplement your income or add to your savings, look for something that’s not too time-intensive and can be done in the evenings or over weekends.
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