Best Way To Save Money?

Saving Money Banking Money 2127 times1 answer2 followers
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Tom 1.09K Rep. elliemartin1 edited question

I have recently decided that I want to start saving a greater proportion of my salary. What are my options when choosing a savings product? I want a decent return but I would like my money to be safe with little chance of depreciating in value. Help me save please!

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Jon Richards 917 Rep. Jon Richards answered

Forget banking products, first step would be to carry our a full audit on your personal finance, spending habits and daily expenses. Buying posh coffees..?? give them up and save AED 000’s per year! I did a similar exercise at home and found you can save loads by skipping convenience foods, skipping expensive lunches when at work and by setting a strick budget for each part of your life (entertainment, eating out, weekly food shop and so on)

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