Financial Literacy Tips

Financial stress is real, but it’s beatable. Let’s build your foundation with three powerful steps.

First, master your cash flow with the 50/30/20 Rule. 50% for Needs, that means rent, groceries and utilities. 30% for Wants, think dining out and entertainment. Last but not least, 20% for Savings & Debt, this is non-negotiable!

Step two, pay yourself first. This is the golden rule of saving. The moment your paycheck hits, automatically transfer that 20% to savings before you pay any bills.Why? This builds your emergency fund effortlessly and makes saving a habit, not an afterthought.

Finally, make your money work for you. Start investing, even a small amount, as early as possible. The reason? This harnesses compound interest, where your earnings start generating their own earnings. It’s the key to long-term wealth.

Budget consciously, save automatically, and invest consistently. Your future self will thank you.