Dear readers, in these current times when the cost of almost everything is higher than before, saving continues to be important. But at the same time, it can be easy to be demotivated or steer away from savings since any hard savings can be easily wiped out by a nice meal in a restaurant, not just on the food but the 10% Service Charge and 9% GST. Hence, it is important to stay motivated putting aside some of our monies for savings, and here are 8 ways to stay motivated in savings: 1)Set a specific savings goal: Whether it's saving for a vacation, a new car, or a rainy day fund, having a clear goal in mind can help motivate you to save. 2)Create a budget: Determine how much you can realistically afford to save each month by creating a budget that outlines your income and expenses. 3)Automate your savings: Set up automated transfers from your checking account to your savings account so that you're consistently putting money away without even thinking about it. 4)Celebrate mile...
The Money Mind's episode below brings you the outlook for stocks, currencies and commodities as we enter into the second quarter of year 2018.
