Reducing your Expenses

Managing your money

An important aspect of managing your money is that of reducing your expenses.  You can achieve this in various ways, as shown below. At the store Resist impulse buying.  Ask yourself these questions: Do I really need it? Do I need it today? What if I do not buy it now? Can I purchase it…

Borrowing Responsibly

Managing your money

Borrowing is, many a time, a convenient way for you to purchase something that you would otherwise take a long time to save up for. For example, home buyers rarely can settle the full cost of a home. Most borrow a large part of the purchase price, except for the down payment as security. Mortgage…