Everyone knows that saving is top priority, however, prioritizing can be quite confusing sometimes especially when there are a lot of things to do. Learning to prioritize is foremost the most important task before anything else, unfortunately not everyone knows that. Luckily, this article was crafted specially for that purpose. Here are a few tips on how to save for a rainy day.

“Learning to PRIORITIZE is important”

The piggy bank system

Remember when you were a child and your parents kept hammering on about having a piggy bank? Now that you’re all grown up, you might have discovered some truth in it. Not to worry, it’s not too late.

Start small by setting aside loose change everyday, it could be in a tightly sealed tin or an actual wooden box, when you get home each day just empty your pockets and you’ll be amazed on how much you can save in a month.

P.S. It becomes more defined if there is a goal attached.

Learn to budget

Having a financial plan is great but how does one go about it?

Firstly, knowing the difference between needs and wants gives a clear head space. Start out by writing out all of those things you desire and require i.e. Movie tickets(wants),  electricity bills(needs) and so on.

Categorize this and you have a simple sum up of your wants and needs. Readjustments can then be made into what should take the highest value of resources. For most people, it may take a higher percentage for needs and the remainder could be distributed to wants and investment purposes while for some, the higher the investment the better for them.

There is no perfect formula but be sure to give a definite budget of your earnings periodically.


Examine yourself by asking these questions:

How do I manage expenses? Is it worth spending money on? Will it be necessary in the long-run? These questions, if answered truthfully could pave the way for great financial decisions and give you a leeway to managing your finances pretty nicely.


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