Ten Commandments of Saving Money

Warren Buffett’s quotes are timeless,  reflecting his wisdom. His words on saving and investments are  inspiring. Saving money is the cornerstone of a sound financial plan.

Through discipline and hard work, we can save money to reward ourselves with financial flexibility.

By making saving a priority and making your money work for you, you are more likely to achieve financial success.

Saving money is an essential financial habit. According to a CareerBuilder report, 78% of American workers are living paycheck-to-paycheck.

Spend Within Your Means

Having an emergency fund is necessary to pay for basic living expenses for at least six months, if not a year.

Build A Healthy Emergency Fund

George S. Clason, who wrote The Richest Man in Babylon, is believed to have coined the term “pay yourself first.”

Pay Yourself First

Spending more than your means is a bad recipe that leads to borrowing more.

Track Your Spending By Budgeting

As our income grows, we often increase “essential costs,” leading to lifestyle inflation.

Avoid Lifestyle Inflation

Shopping is often a fun activity to do with friends or on our own. Marketing experts count on our emotions when we shop.

Bargain hunting or Shopping Addiction?

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