How to Save Money - Create Wealth with Savings
Have you ever wonder that wealth creation can be done through Savings? The first thing when many think of savings is that they need to compromise on their standard of living and adapt to a lower lifestyle. But why we need money? We need it to live life at its best . Thus, making compromises in your life does not make sense. Savings should be done in an intelligent and clever way. Savings is the most underrated concepts among people. Many have in mind that savings only helps to save some penny in your pocket. They have this mindset because they think it as a short- term process. Take an example , If you checked your daily expenses and found that you had an unwanted expense of Rs.50/- . So you started saving Rs.50/- daily. At the end of the month you will save Rs.1500/-(50*30 days) and at the end of the year you would have saved Rs.18000/- (50*12 months) .Thus , small savings in long-run turns out to be a greater
