🚀 Medial just raised $500k in Pre-Series A. Tap to read the announcement. 🎉
Login

Back to feeds

Vikas Acharya

 • 

Medial • 3m

Finance Friday - 1 **Smart Savings: Simple Tips to Build Wealth Over Time** Building wealth isn’t about quick wins; it's about consistent, smart savings habits. Even small changes today can lead to big financial gains in the future. Here's how you can start: 1. Automate Savings : Set up an automatic transfer to your savings account each payday. This way, you're saving without even thinking about it. 2. Track Expenses : Keep an eye on where your money is going. Use budgeting apps to monitor spending and identify areas where you can cut back. 3. Eliminate High-Interest Debt: Focus on paying off debts with high interest first. This reduces long-term financial strain and frees up more money for savings. 4. Start Investing Early: The sooner you invest, the more time your money has to grow. Even small investments in low-risk options can accumulate significantly over time. Remember, small steps can make a big impact on your financial future!

7 replies5 likes
2
Replies (7)

More like this

Recommendations from Medial

Image Description

Suman Meghwansi

Stealth • 5d

is Emergency Fund are important? Rajesh, who works as a software engineer, suddenly faces a medical emergency in his family. He doesn’t have savings, so he ends up borrowing money at high interest, adding financial stress to an already tough time. M

See More
1 replies2 likes
Image Description

Karunakar CH

Stealth • 1m

"The best way to predict the future is to create it." – Peter Drucker Today, we’ll focus on Finance Concepts. Concept of the Day: Compound Interest Compound interest is a fundamental finance concept that builds wealth over time. Let’s explore it in

See More
2 replies11 likes
4
Image Description
Image Description

Hgc

Stealth • 10m

How much money your can spend on smart phone if your salary is 5 lakh ?

6 replies10 likes
Image Description
Image Description

Mohit Singh

Stealth • 1m

We will borrow money from our relatives, around 50,000. Since they are our relatives, they will lend us the money without any interest. Then, we will lend this money further to someone else at interest. The interest we earn will be our profit, and we

See More
13 replies10 likes
3

Aakash kashyap

Stealth • 3m

"The psychology of money" 🌟 (Book summary) Day 01 1. Wealth vs. Richness •Definition: Housel distinguishes wealth as the assets you have that generate income, while richness refers to a high income or spending power. •Living Below Your Means: True

See More
0 replies6 likes
Image Description
Image Description

Tushar Aher Patil

Stealth • 1m

From Janitor to millionaire The Inspiring Story of Ronald James Ronald James, a janitor, left behind $8 million at his death. How did he do it? Simple habits: saving consistently, living below his means, and letting compound interest work its magic.

See More
4 replies11 likes
1

Ramswaroop Sarswat

Stealth • 1m

looking for a investers for new start up Dal Baati Churma - Rajasthani staple 🥘 Laal Maas - Teekha aur mazedaar 🫓 Gatte ki Sabzi - Rajasthani traditional curry 🍚 Kair Sangri - Desert delicacies 🧃 Aam Panna & Chaas - Refreshing drinks 🌟 Authen

See More
0 replies2 likes
Image Description
Image Description

Three Commas Gang

Stealth • 1m

Imagine instead of keeping your money in boring savings account, you could simply do an FD of it and get good interest rates, but also get a steady no interest credit line upto FD amount to be used by you for daily expenses? Basically your money will

See More
16 replies17 likes
4

Anugrah

Stealth • 6m

🌟 Unlock Your Financial Future! 🌟 Hey Teens! Ever wondered why you feel unprepared for financial independence? 😕 Don't worry! It's often due to a lack of financial goals and limited education. Avoid the frustration of financial mistakes by masteri

See More
0 replies6 likes
Image Description
Image Description

Abu Hozaifa

Stealth • 29d

[This post has been deleted by the creator]

4 replies2 likes

Download the medial app to read full posts, comements and news.