Independence from debt. If you have any outstanding loans to be repaid, start paying them right away. The longer you delay the more money you will have to pay as interest. Save at least 20% of your monthly income. And then allocate 80% of it towards debt repayments and the remaining 20% towards investments.
Spend to save more!
It may have been a bit surprising to see the title of this article. How could spending lead to saving more when it should be just the opposite? We usually hear that in order to increase our savings we would have to cut down on our expenses. But as we very well know that too … Read more