SAVING MONEY (2nd Level)

1. From each cash receipt, first set aside a certain amount and only then distribute the rest. There is a widespread advice to save 10-15% of income every month in order to save money quickly. You can start with less. If you spend all your earnings on living, then 10% may be too much.

2. There is always a risk of losing a permanent income or the appearance of some unexpected problem. It is important that in case of an unforeseen situation there is a reserve that will help to last several months. It is desirable that it amounts to at least three salaries.

· Methods of accumulation:

· Postpone a little, but regularly.

· Divide spending into necessary and optional.

· Take into account income and expenses.

· Try not to borrow.

We offer you to consolidate the acquired knowledge by level, and take the test: https://docs.google.com/forms/d/1Ccu0z8oy5LzP4hoS96r5e6cXuEDli5sAaYojFIPT6T4/edit?usp=drivesdk