Save upto 75% of your salary by doing these | tips for personal finance

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STRUGGLING WITH LESS MONEY? SAVE UP TO 75% OF YOUR SALARY BY DOING THESE.


Let's be honest, in this fast-paced world, it's easy to lose track of where that money goes. That's why, in today's blog post, we're diving headfirst into the world of personal finance, breaking it down in a way that anyone can understand. So grab your coffee and get ready to take control of your finances like a pro.

1. Set your financial goals

Take a piece of paper and write down your financial goals. These may include

  • paying off a debt
  • Saving for a product or vacation
  • gathering funds for investments.

Writing down what you want builds a foundation for you to make a proper plan.

2. Create a budget

Making a budget is the basic foundation of personal finance. Take a piece of paper or open an Excel sheet on your PC and start writing down your

  • Income
  • Expenses
Now this will help you see where most of your money goes. By creating a budget, you can find unnecessary expenses and avoid them next time. Click here to learn more on how to make a budget.

3. Having an emergency fund

An emergency fund is a necessity for anyone who wants to live their life debt-free. Even though insurance covers major damages, minor needs like

  • Buying a new phone
  • Investments
  • Covering up any loss
  • Or simply buying someone on occasion
Need an emergency fund. So try to save up at least 20% of your salary for this.

4. Manage your debts

The main aspect of personal finance is clearing any old or unclear debts. Have a separate portion of your savings, mainly to clear your debts.

During debt management, you should clear off debts with high interest at first.

5. Avoid overspending

Sometimes, the major cause of losing money is unnecessary expenses and luxuries. Spending huge portions of your salary might give you temporary pleasure but ruin your financial freedom in the future.

6. Stay informed

Knowledge is the key to accessing freedom. Learn about new financial instruments and methods of passive income. Staying ahead in using these will provide you with extra help in earning more money.

7. Invest

The last piece of advice for financial freedom and abundance is to invest. You can invest in either

  • Assets or 
  • Stocks

But you should be careful and start investing with the necessary knowledge and precautions.

8. Reviewing regularly

The final thing to do in personal finance is to review their budgets, strategies, and investments regularly. This enables us to change our methods or build new ones for more stress-free money management.


Managing your money is a lifelong journey. It needs you to be disciplined, patient, and always eager to learn. Start by making a budget, setting clear goals, and sticking to these rules. Doing this will help you feel secure with your money and inch closer to your dreams.

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