First thing that anyone notice about us is how we look and carry ourselves physically. A big part of this is how we dress up and most of the time, this reflects our personality, hygiene, lifestyle and wealth.
Last week, I went to a Mercury Drug store near our place to buy some medicine for my sick brother. As usual, I brought with me my Mercury Card Suki card. The store is jam-packed again with customers because it’s already 8pm, one and a half hour before closing time.
This past few months, I have been a regular weekly grocery shopper’s assistant to my mother. In our family, only I and my younger brother really drives a car well since my father passed away few years ago. Right now, my brother’s quite busy in his studies because he’s already a graduating Nursing student. Even on Sundays, he has his Nursing duties so I have to spend my Sunday afternoons on the grocery store.
As we grow and develop the habit of saving, putting some money in our Personal Savings bank account becomes natural. Sooner, we will notice that our account has a lot money and already surpassed the way a Personal Savings bank account should be used.
Building a saving habit starts from small beginnings. Parents should teach their children this habit as early as possible. They can start by getting their children their own Personal Savings bank accounts and support them in funding it. As they grow and develop a saving habit, they will soon put funds in their accounts using their own ways.
The Rule of 72 is the fastest way to determine how many years it will take to DOUBLE YOUR MONEY given the annual interest rate. It can also be used to calculate how much interest your money should earn per year if you want to double your money in given amount of years.
