Saving . Speaker ๐ Newton Buteraba . #ugtop10 #ugtopten #ug #uganda
@ug.top.10Transcript
How do we know that you're saving better when you actually start with a goal? And you say, what do I want? I want to buy land. How much is land? 12 million. How much can I save per month? 4500 thousand. Then it means, if I save 500 thousand per month, for 12 million, I will need two years. Because 500 thousand a month, I will be 6 million. Second year, 12 million. So, because you saved with a goal, the idea is that that money you do not have it. I do not want to hear you going to touch land money, to help a friend who is trying to ask you to lend them. When you start saving with a goal, you no longer count that money as yours or you no longer count as the money you have.
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