How To Double Savings In 6 Months

Here are some tips on how to double your savings in 6 months.

1. Ditch Your Bad Habits. Expenses on smoking, drinking and even small gambling habits like buying lottery tickets add up to a considerable amount over time. Ditch them.

2. Take a Packed Lunch to Work. Apart from saving money, this is a practical way to control what goes into your meal.

Also, save more and get fresher ingredients by buying from wet markets rather than supermarkets.

3. Invest Prudently. Shop around for low-risk investments that suit your budget and profile. Some investments can bring you returns of 10 times or more. Normal savings accounts give you a paltry 0.25 – 0.35 percent interest per annum.