Whether you’re earning a little or a lot, saving money is a skill anyone can build with the right habits.
1. Track Every Dollar–
Use apps like Money Manager, Mint, or even a notebook.– Awareness is the first step.
2. Follow the 50/30/20 Rule–
50% needs (rent, food), 30% wants (entertainment), 20% savings.
3. Cut Small Expenses That Add Up–
Example: Daily coffee, eating out, unused subscriptions.– Try weekly home-cooked meal plans.
4. Automate Your Savings– Transfer a fixed amount to a separate account the day you get paid.
5. Set SMART Savings Goals–
“Save 10,000 BDT in 3 months for a new phone” — specific and time-bound.
6. Use Cashback, Discounts, Coupons–
Always check for student discounts or cashback options on purchases.
7. Avoid Debt Traps–
Use credit cards wisely and pay on time to avoid interest.
