Save, save, save

HWM (Malaysia) - - FEA­TURE -

This one is an ob­vi­ous one, but one that really de­serves a lot more of your at­ten­tion. Of course, de­pend­ing on your salary, this will be eas­ier for some peo­ple and more dif­fi­cult for oth­ers. But as Robert Kiyosaki said in his book Rich Dad Poor Dad, “an eighth-grade dropout who spends less than he earns is smarter than a col­lege pro­fes­sor who can’t make ends meet”.

We men­tioned ear­lier that a reg­u­lar sav­ings ac­count isn’t the savvi­est way to ac­crue enough funds for re­tire­ment, but sav­ings still com­prise the foun­da­tion of your wealth. Af­ter all, you do need to have suf­fi­cient funds be­fore you can even think about in­vest­ing.

It’s a good idea to aim to save at least 20 per­cent of your monthly in­come. But if that’s al­ready a fig­ure you’re hit­ting, why not aim to push that up a lit­tle more?

In the mean­time, how about this piggy bank in the form of Darth Vader’s head to mo­ti­vate you? Vader’s hel­met may not be able to con­tain your life sav­ings, but it sure makes for a nice con­tainer for loose change, and a re­minder that even the Dark Lord of the Sith is on board with your sav­ings plan.

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