How can i save up to 50 percent of my salary?

 Hello friends,

Again a very warm welcome to all of you in my blog,

In my today's blog, we'll find out the answer of our first question,"How can we save up to 50 percent of our salary?"

Why is the answer of this question is very important for us?

Because a person who can't save money, can't be rich in future .

You can save up to 50 percent of salary and can be rich by following these simple 5 steps,

That's why without wasting your time,Let's start our today's blog,

1. pay your self first :- your are paying to every one for their works from your salary but," Are you paying yourself from your salary?"

my friends,if you want to be rich, please pay yourself first minimum 10 percent of your salary.

For example, if your salary is 100,000 rupees, please pay 10,000 rupees to your self first for saving.

2. pay your self for your extra services :- what are the extra services?

 my friends, in my blog, extra services mean the works for that you are not getting money but saving money by doing.

For example,  you are paying money to washer man for washing and ironing your clothes but why are you not paying yourself for that day when you are doing this work at home.please pay minimum 50 percent of market rate to your self.

3. pay your self  for your sacrifices :- Are you paying your self minimum 50 percent of market rate for your sacrifices?

 Confusing? Let's clear your confusion,

For example, you are a pizza lover and spending 500 rupees on every weekend for pizza. can you calculate your expenditure? It is rupees 2000 for month. but what happen?if you eat pizza monthly rather than weekly, Answer is rupees 1500 saving monthly. this is your sacrifice, Are you paying yourself for your sacrifices?

there are lots of sacrifices in your life. please start paying yourself for your sacrifices.

4. Don't spend your extra money :- please don't spend your extra earnings, please save and invest your extra earnings for being rich in future,you have to manage your expenses or expenditures in your salary.

5. Start extra earnings :-  please  develop a new skill or  start a new source of  earning so that you can earn more,

more earning means more saving, more saving means more investing, more investing means more money.

At last, by following these five simple steps you can increase your savings.

Believe me,

Your friend,

Richie Rich



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