Earning extra money
- Freelancing: Offer your skills and services on freelancing platforms.
- Part-time jobs: Explore part-time opportunities in your field or other areas.
- Online gig economy: Take on tasks like driving for rideshare services or doing small gigs.
- Sell items: Declutter and sell unused items online or at local markets.
- Side hustles: Start a side business or offer a specialized service.
Importance of saving money
- Emergency fund: Savings provide a financial cushion for unexpected expenses or emergencies.
- Financial goals: Helps achieve long-term goals like buying a home, education, or retirement.
- Financial security: Savings offer a sense of security and peace of mind.
- Investment opportunities: Savings can be used for investments that generate additional income.
- Flexibility: Provides flexibility in making choices without relying solely on credit.