5 easy and practical ways to start planning your savings.

1️.  Start saving as you can, Saving a little is not bad but you have to save every month.

• Initiate your savings by starting with an amount you can comfortably and consistently set aside.
• Try doing numbers on income and expenses to see how much you can actually save.
• Make sure you are confident you can actually and consistently save (consistently is the most important)

2️. Prioritize Savings:

• Saving before paying
• Deduct your savings before allocating funds for other expenses.
• Option for automatic salary deduction for a seamless savings process for example automatically reduce from your bank account.

3️. High-Interest Savings:

• Begin by saving in a high-interest savings account.
• Explore options like savings gold and in high-interest savings bank then gradually progress to more in-depth investments like funds and stocks.

4️. Expense Management:

• Allocate the remaining money from your savings for fixed expenses such as rent, utilities, debt payments) 
• Calculate your daily expenses (travel, food, personal items) by dividing the remaining amount by 30 days.
• Trying to avoid touching your saving

5. Emergency Fund:

• As you build your savings, allocate a portion to an emergency fund.
• Aim for 3 to 6 months’ worth of living expenses to provide a financial safety net.
• This fund acts as a buffer in unforeseen circumstances, preventing the need to dip into long-term savings.

Keep in mind, that managing your money is an ongoing thing. Check-in regularly and adapt your plans to fit any changes in your money situation and goals.