Best Way To Save Money?

Saving Money Banking Money 3617 times1 answer2 followers
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!



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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