Families Center is a site bringing best standards of a family living in order to simplify life despite conditions and the situation that families might be going through.
In this life it is tough for people to be able to make financial savings as cash is not easily found in their pockets. But in this article we are discussing few ways that can help a family to make some savings from their little money.
These suggested ways are: keeping small changes remaining at the market in a tin box, joining village banks, start small animal farming like raising chickens, or goats, investing the money into vegetable farming and many more.
Families usually loose money that it could be saved and kept at a safe places like in tin boxes. Most people once they have coin change from groceries Thu throw away instead of Keeping them. Many tend to forget that money begin from coins not paper notes. Of you keep 5 cents everyday you go shopping for 30 days you will realize about a dollar that you can use to fox small other things if it can be kept for a long time.
Secondly, Family can do savings by joining village banks. This is now common is developing countries. These cooporatives are helping families to keep their money hassle free and also able to access loans without dubious interest rates as commercial banks do.
At the end of the savings like after a period of 6 months they do their money and do other important home small developments.
Other means of saving money is to start a small animal farming. Family can develop silently if they can raise chickens it's easy to take care of and also multiplies so fast.
Chicken farming do secret magic in getting rich. One hen ray about 240 eggs per year. It simply means you will be able to have about 200 plus chickens in a year.
Currently chicken is being sold at about $5 to $10 and if all 200 plus chickens are sold, how much can you have? It can be ove $1000 which can help to relieve yourself from the poverty bondage.
Growing vegetables require very little capital about $20 can be enough. This quickest Business because nobody eat nowadays or cook without having vegetables on the table. You can grow vegetables even 4 times a year which can boost and maximize your gains and profits. It looks useless Business but with concentration and total dedication you become successful.
Last suggested best idea to help save money is by reducing daily budget of expenses. If you used to be boarding a taxi start using a common bus, if you used to be going out to eat in restaurants start cooking at home and also if you used to eat only pizza everyday you can cook nsima in other days or rice.
Reducing daily budget of expenses can help you to make great savings which later you can use those saved moneys for very essential things of your life or your partners.
Sticking to planned budget is a great tool to save your hard earned money. People have sober mind when doing budget at home but fails to adhere to it when they have gone to do shopping which makes it difficult for them to remain with some savings.
Sticking to the budget will make sure that you buy what is necessary and avoid what is unnecessary items on the other side you are saving money.
This article we were discussing four best ideas that families can apply at their homes to save money and we looked at keeping change in tin boxes, doing chicken farming, vegetable farming, reducing daily budget of expenses and also sticking to the planned budget.
Such a lovely topic I wish it could even be shared on TV or radios
ReplyDeleteBest advise
ReplyDeleteBest advise
ReplyDeleteAmazing and touching family base
ReplyDeleteWell articulated
ReplyDelete