Smart saving is not only about how to save, but also how to save and grow.
How to save wisely

Saving means preserving the value of your savings over time, preventing them from shrinking under the influence of inflation, which takes a decent bite out of our capital every year.

You can save by putting your savings into low-risk financial products such as term deposits and safe bonds.

How to save more:

use services to get discounts;
Pay back a percentage of what you spend with cashback cards;
reduce your family’s credit burden;
Use retailers’ loyalty systems;
buy used items;
avoid spontaneous spending.
How to multiply

You can multiply by placing your funds in instruments with high and average returns: shares, mutual funds, structured products. Competent diversification of the investment portfolio will allow you to fix risks and increase profitability.

You can avoid critical mistakes if you follow the basic rules of investing:
Do not invest borrowed capital and the last money; move to more complex investments, only having started with simple ones; do not give in to emotions when selling or buying securities.

And one more simple rule: the more investment capital your family has, the easier it is for you to achieve your goals. So work to increase it, not only by increasing your income, but also by reducing your expenses.