It's payday. Your bank accounts are smiling and you might be tempted to go on a shopping spree. Don't.
25 Mar 2022, 11:00
It’s payday. Your bank accounts are smiling😁 and you might be tempted to go on a shopping spree. Don’t.
You should save at least 20% of your income first before you start to spend.
Why 20%?
This follows the 50-30-20 rule.
50% of your income goes to your basic necessities like food, bills, electricity, etc.
30% of your income is for discretionary spending. You choose the things you need in your life. e.g. gym memberships, TV subscriptions, etc.
The remaining 20% is dedicated to saving and paying off debt if you have any.
This way, you can conveniently save and live comfortably.
So what are you waiting for? Click on this link to start saving now. 👇🏿
https://xend.finance/mobileapp.html