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Encouraging savings in the wake of economic challenges

Running dry: Tough economic circumstances mean most people are unable to stick to their budgets or savings plans PIC: PIXELS
Running dry: Tough economic circumstances mean most people are unable to stick to their budgets or savings plans PIC: PIXELS

Achieving desired savings goals may be a difficult task for a majority of people regardless of the level of disposable income they earn.

Earn more money or spend less is a straightforward strategy you can use if you are having trouble saving money.

This article serves as a helpful reminder that you must either reduce some expenses or take up a side part-time activity that will allow you to make extra money to increase your disposable income and aims to explain how people can spend less than they earn as many people find it challenging to attain their savings goals.

Editor's Comment
Public servants deserve better than union infighting

‘The strongest bond of human sympathy outside the family relation should be one uniting working people of all nations and tongues and kindreds’.- Abraham LincolnUntil then, the Council’s operations remain suspended, delaying critical decisions affecting thousands of public sector employees.The current standoff is between the Manual Workers Union on one side and the Six Cooperating Trade Unions, namely BONU, BOPEU, BTU, BDU, BOSETU and...

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