Article Image

Four signs you're not saving enough money

Arangi P. Arangi
Vote on this article to affect its rank!
Kenyan shillings.[ Source/]

Saving is one of the best ways to secure your future. 

You need to learn to save if you want to succeed in different areas of life. 

Individuals who save little are not very different from those who consume everything. 

Here are four signs you’re not saving enough money:

1. You don’t have saving goals

Saving begins with having goals. 

 Make sure the goals are realistic.

2. You are not aware of your expenditure

Before you save, make sure you know how much you are spending. 

There is no way you will save if you are living above your means. 

Rethink about your income and expenditure if you want to save more for tomorrow. 

Lack of proper planning makes it tough to save in the long run.

3. You are not investing your money

Wise people invest their hard-earned cash. 

You cannot save what you do not have. 

If you have not started investing in any project, then it is clear you are not keeping much in your savings account. 

Think of the amount you have invested if you want to know whether you are saving enough.

4. You have no emergency fund

Life is full of uncertainties. 

People who save enough have emergency funds. Start saving today for a better future.

Stand a chance to win a million shillings

Thank you for reading my article! You have contributed to my success as a writer. The articles you choose to read on Hivisasa help to shape the future of news across Africa.
-Arangi P. Arangi

Vote on this article to affect its rank!
Report Story

More you may enjoy reading

You might also like

You may also enjoy these stories

Since you like this story, here’s more

More stories you might like

Don’t miss out on these stories

Whilst you’re here, check out these stories

We thought you’d like these stories as well

Don’t leave without checking out these stories too