Begin a saving habit

No matter how small, you need to establish a saving habit. Setting aside a portion of your income each month, preferably automatically, allows you to save for your goals.

Always follow this rule of thumb:

Pay yourself first! Income less SAVINGS equals EXPENSES


Monitor your cash inflows and outflows. Download the Cash Flow Statement worksheet here.



Concept of Saving

Putting your money in a short-term financial instrument is a means of SAFEKEEPING.


  • For short term/minor purchases
  • For your day-to-day needs
  • The return from savings rarely outpaces inflation