What is Saving?

Preventing waste of a particular resource

or is income not spent

Why Save Money?

It’s a good habit to…

a. Achieve Financial Goal

b. Stay Resourceful

c. Money Saved is Money Gained

d. Enhances ability to invest

e. Gain Financial Independence

When to Start?

Right from Today as…

– The Sooner the Better as…

• You never know when you will need it?

How To Start???

1. Evaluate Current Financial Situation

2. Visualize your future life

3. Set Financial Goal ( Long Term & Short Term)

4. Allocate importance to different goals and save

accordingly

5. Start Small but dream Big!!!

Search for…

1. Your income sources

2. Ways to increase your income (by giving Value

additions to others viz. Service) e.g….

3. Identify saving opportunities Viz.

4. Multiply Saving opportunities & En cash them… for

example…

5. Save different for different goals… do not mix

You Need to…

a. Learn by Practice

b. Spend Responsibly

c. Avoid borrowing

d. Be Persistent

e. Strike a balance

between Time &

Efforts

You Need to… (2)

a. Keep accounts

b. Save but not at the cost of your studies or play time

c. Note down where you waste your money and make a lifestyle change

if possible

d. Open a bank account / Postal Savings Account which gives good

interest rate & deposit your savings for long term into that account

regularly under parental guidance

e. Have A Goal to donate some amount of your savings for good cause

It will Make you…1. Wise

2. Smart

3. Good @ Math's

4. Responsible

5. Understand many things

6. Realize freedom & Recognition

7. Appreciate the virtue of sharing

8. More satisfied as a person / individual

9. Never gauge your success on how much you saved but on the truth that how

many people love you and see that ….

10. You learned the lesson about saving!!!

A Presentation byRtn. Amit Gopal Chauhan

Rotary Club of KalyanRI District: 3140, IndiaCell: +919769442462

Email: amit2462@hotmail.com