Introduction

According to the 50-30-20 rule isn’t saving 50% a bit of a stretch?

It actually isn’t, especially if you are young and single. When you put a 'why' behind your goals, it is much easier to achieve your goals.

If you are reading this, chances are you want to know how to increase your pot of savings. It's simple. I will liken it to trying to lose weight.

To lose weight you have to either 1. increase your exercise or 2. reduce your caloric intake.

Similarly, to increase your pot of savings you have to 1. increase your savings and 2. decrease your expenditure. Sounds simple isn't it?

If it is that simple, no one will be struggling. In this article, I hope to equip you with the mechanics to increasing your savings

#1 Track your expenses

Have you ever wondered, "where did all my money go!?"

I guess we all have experienced this. To increase your pot of savings, you need to