I know everyone want #MONEY , but you cannot get it by going after it. In this Game, I am going to show you how to get it easily by showing you what you should focus on at different LEVELS! LEVELS ? Yeah! But what levels? Look here are the levels: LEVEL 1 - Living only with your salary : At this level, your # income stream is only your salary and you have limited amount to save. Remember no amount is small, only expenses are expensive! LEVEL 2 - Start #Budgeting A budget is a # spending plan based on income and expenses. When you start budgeting it will help you : to prepare for unpredictable life events. to effort big items when you needed to show how you are managing money and your current money flow LEVEL 2 - Debt Repayment This is very important because once you start making a budget and making plans, you will see where most of your # money is flowing. So, that is your mon...
Savings refers to the money that a person has left over after they subtract out their consumer spending from their disposable income over a given time period. Savings, represents a net surplus of funds for an individual after all expenses and obligations have been paid. If one is unable to maintain savings, they may be said to be living # paycheck to paycheck . If such a person experiences an emergency, there is often not enough money saved up to live on and they may risk falling into debt or bankruptcy. Current Scenario(India) - Less than 20% of Indian Youth and # Income #earning person, do # Savings or they know the concept of savings. After Bachelor's most of our generation don't save for any future goal when they start getting # Salary. But, it's not their Fault. They never in there life got the real meaning and definition of saving. No one told them the applications of saving - as...