Saving is an important thing people ought to do. It is the only means to achieve a goal which is to become rich someday. It is not easy though because of the high cost of commodities that people prioritize and saving is sometimes set aside. Saving 20 % of their income is the hardest thing to do for those whose income is below the poverty line and even those with a better salary. But investing in something big or small is where you can feel a little hope to achieve your goal of living in luxury and financial freedom. Religiously saving and investing 10%-20% of your income is a tried-and-true wealth-building strategy. By consistently putting money away each month and letting compound interest work its magic, your invested savings grow exponentially over the years.
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