Savings Method

The Savings Method is a budgeting approach where you set aside a specific amount of money regularly, based on your income and expenses, to build savings over time. By planning your savings first and adjusting your spending accordingly, you ensure you meet your financial goals. It emphasizes discipline in consistently saving, which helps create a financial cushion for emergencies, future investments, or large purchases. This method promotes proactive money management instead of spending first and saving what’s left, encouraging stability and long-term financial health.