Saving money is something that we should all practice.

However, most of us fail to save money as we try

to exercise all the small earnings that we have. The thought of saving may be simple, but it really is a
discipline that needs to be practice because we are the ones who get the most benefits from saving.
Through monitoring my daily allowance I can say that it helped us a lot to improve how are we going to
save money for ourselves This can also be a good start for us students to have a better knowledge on
saving money in the future.

By observing the cash flow that I made for a month, I can see that I did great job on saving money for
myself. Through this I learned a lot of strategies and ways on how I can save up. At first it was difficult
to save money because I’ve been spending a lot, but after monitoring and minimizing my expenses I
realized that saving of money is not that difficult and there are a lot of ways of saving it. For me if we
can control ourselves on buying unnecessary things, some change, planning and monitoring, we can
reduce our expenses and save much more. This will be a good habit to save money and spend only on
what is really required. It’s better for us to plan to save money for emergency situations. Planning to
save money and monitoring your savings will help us to be happier and to ensure our future.