How to Stop Living Paycheck to Paycheck?

How to stop living paycheck to paycheck?

You get your salary, but it’s gone within a couple of weeks? Try these simple life hacks to manage your money and build savings:

Pay yourself first — set aside 10-20% of your income into the “Bay Bol+” deposit account with 14% annual interest.

Divide your budget into:
    •    Fixed expenses (rent, loans)
    •    Variable expenses (food, transport)
    •    Savings and investments (deposit)
    •    Emergency fund (at least 10,000 soms)

Cut money leaks:
    •    Unnecessary subscriptions
    •    Impulse purchases
    •    Frequent food deliveries — cook at home instead

Use the 50/30/20 rule:
    •    50% — essential expenses
    •    30% — personal spending
    •    20% — savings

Plan big purchases — use Doscredobank partners’ installment plans to avoid spending all at once.

The key is control and balance. Start small, and your finances will stop disappearing without a trace!